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Latin America and Caribbean Compared by Economy > GDP > Per $ GDP

DEFINITION: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Bermuda $71,067.59 per $1 of GDP 2004
2 Cayman Islands $47,010.15 per $1 of GDP 2008
3 The Bahamas $27,982.53 per $1 of GDP 2007
4 Barbados $22,695.97 per $1 of GDP 2010
5 Aruba $22,512.46 per $1 of GDP 2005
6 Trinidad and Tobago $20,565.92 per $1 of GDP 2010
7 Antigua and Barbuda $16,101.12 per $1 of GDP 2010
8 Argentina $14,866.05 per $1 of GDP 2010
9 Uruguay $14,428.36 per $1 of GDP 2010
10 Chile $14,295.59 per $1 of GDP 2007
11 Saint Kitts and Nevis $13,836.54 per $1 of GDP 2010
12 Panama $13,159.85 per $1 of GDP 2010
13 Venezuela $12,846.07 per $1 of GDP 2007
14 Mexico $12,447.00 per $1 of GDP 2007
15 Brazil $11,503.01 per $1 of GDP 2010
16 Costa Rica $11,296.06 per $1 of GDP 2010
17 Dominica $11,255.88 per $1 of GDP 2010
18 Grenada $10,836.54 per $1 of GDP 2010
19 Saint Lucia $10,743.07 per $1 of GDP 2010
20 Saint Vincent and the Grenadines $10,155.96 per $1 of GDP 2010
21 Cuba $10,150.20 per $1 of GDP 2010
22 Peru $9,323.90 per $1 of GDP 2010
23 Suriname $9,131.43 per $1 of GDP 2010
24 Dominican Republic $9,056.58 per $1 of GDP 2010
25 Jamaica $8,843.88 per $1 of GDP 2010
26 Belize $8,302.05 per $1 of GDP 2007
27 Ecuador $8,059.06 per $1 of GDP 2010
28 Colombia $7,384.02 per $1 of GDP 2007
29 El Salvador $7,101.57 per $1 of GDP 2010
30 Guyana $6,458.20 per $1 of GDP 2010
31 Paraguay $5,340.29 per $1 of GDP 2010
32 Guatemala $4,895.67 per $1 of GDP 2010
33 Bolivia $4,601.89 per $1 of GDP 2010
34 Honduras $4,310.67 per $1 of GDP 2007
35 Nicaragua $2,995.85 per $1 of GDP 2010
36 Haiti $1,108.55 per $1 of GDP 2010

Citation

"Countries Compared by Economy > GDP > Per $ GDP. International Statistics at NationMaster.com", CIA World Factbooks 18 December 2003 to 28 March 2011. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Latin-America-and-Caribbean/Economy/GDP/Per-$-GDP

Latin America and Caribbean Compared by Economy > GDP > Per $ GDP

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