Data are in current U.S. dollars. Regional GDP increased a moderate 1.6% year-on-year in the first quarter, matching last month’s preliminary reading and marking a slowdown from the fourth quarter’s 2.0% expansion. While previous external downside risks have moderated following globally synchronized monetary policy easing and the signing of the U.S.-China phase one trade deal, some new risks have appeared, including the potential global spread of the coronavirus, which could significantly disrupt global economic activity, trade, and travel. Domestic and regional downside risks have also intensified.

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Basic Account Latin America & Caribbean gdp per capita for 2017 was $9,433, a 9.98% increase from 2016. Unique content meets Design: Then you will be able to mark statistics as favourites and use personal statistics alerts. Instant Access It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Profit from additional features with an Employee Account

Accessed August 01, 2020. https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/World Bank. GDP per capita (current US$) - Latin America & Caribbean, Chile from The World Bank: Data GDP (Nominal) Country/Economy GDP (billions of $) Share in 2019 (%) Rank; 2018 2019 Change S. America World S. America World; Argentina: 519.487: 445.469-74.018 Over half of the region’s economies—including major players

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Potential growth continues to be impeded by lingering structural problems including high public debt, weaker financial systems, high unemployment, and vulnerability to commodity and climate-related shocks. Latin American countries by GDP per capita PPP (2019). On the cyclical side, growth has been held back by low global growth and commodity prices, elevated economic policy uncertainty, economic rebalancing in some economies, and social unrest in others.Elevated policy uncertainty in several large Latin American countries continues to weigh on growth.

Chart. Economic activity in Latin America and the Caribbean stagnated in 2019, continuing with the weak growth momentum of the previous five years and adding more urgency and new challenges to reignite growth. In Statista.

Learn more about how Statista can support your business.World Bank. Please log in to access our additional functions World Bank. Please check your download folder. No available data for Venezuela. Topics

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