Economy of South America
During 2003 unless otherwise stated

Population:	364.24 million
GDP (PPP):	$2.65 trillion
GDP (Currency):	$0.97 trillion
GDP/capita (PPP):	$7,264
GDP/capita (Currency):	$2,663
Annual growth of per capita GDP:	0.29% (2002)
Income of top 10%:	44.37%
Millionaires:	0.3 million (0.08%)
Unemployment	10.76% (2002)
Most numbers are from nationmaster.com from 2002, some numbers exclude certain countries for lack of information.
See also: Economy of the world - Economy of Africa - Economy of Asia - Economy of Europe - Economy of North America - Economy of Oceania - Economy of South America

The economy of South America comprises about 500 million people living in 14 states and territories. One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... There are three lists of countries of the world sorted by their gross domestic product (GDP) (the value of all final goods and services produced within a nation in a given year). ... USD redirects here. ... One million million (1,000,000,000,000) is the natural number following 999,999,999,999 and preceding 1,000,000,000,001. ... This article includes two lists of countries of the world[1] sorted by their gross domestic product (GDP) at purchasing power parity (PPP) per capita, the value of all final goods and services produced within a nation in a given year divided by the average population for the same year. ... Image File history File links Red_Arrow_Down. ... Also see: 2002 (number). ... A millionaire is a person who has a net worth or wealth of more than one million United States dollars, euros, UK pounds or units of a comparably valued currency. ... This article does not cite any references or sources. ... Also see: 2002 (number). ... Also see: 2002 (number). ... The world economy can be evaluated in various ways, depending on the model used, and this valuation can then be represented in various ways (for example, in 2006 US dollars). ... The economy of Africa consists of the trade, industry, and resources of the peoples of Africa. ... The economy of Asia comprises more than 4 billion people (60% of the world population), living in 46 different states. ... The economy of Europe comprises more than 710 million people in 48 different states. ... The economy of North America comprises more than 514 million people in 23 soverign states and 15 dependent territories. ... The economy of Oceania is comprised of more than. ...

Economic development

São Paulo, Brazil. One of the financial centers of South America, and also the fifth biggest city in the world. See List of metropolitan areas by population.

As of early 2007, South America is experiencing great economic development, with Venezuela, Argentina, Uruguay and Perú growing their economies by over 8% per annum. Chile is also experiencing continued growth of 6% for the last few years on the back of copper prices. Brazil's economy, on the other hand, is expected to grow by a more sluggish pace during the year. Image File history File links Saopaulo_copan. ... Image File history File links Saopaulo_copan. ... This article is about the city. ... South America South America is a continent crossed by the equator, with most of its area in the Southern Hemisphere. ... This page lists the 100 largest metropolitan areas of the world, ranked by population. ... - Peru (Spanish: República del Perú) is a country in western South America, bordering Ecuador and Colombia to the north, Brazil to the east, Bolivia to the east, south-east and south, Chile to the south, and the Pacific Ocean to the west. ... Copper has played a significant part in the history of mankind, which has used the easily accessible uncompounded metal for nearly 10,000 years. ...

GDP ranks as of 2007

GDP (PPP) 2006

GDP per capita (PPP) 2005 One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... World Factbook 2004 cover The World Factbook is an annual publication by the Central Intelligence Agency of the United States with basic almanac-style information about the various countries of the world. ...

This article includes two lists of countries of the world[1] sorted by their gross domestic product (GDP) at purchasing power parity (PPP) per capita, the value of all final goods and services produced within a nation in a given year divided by the average population for the same year. ...

Regional variation

Brazil, Argentina, Colombia, Chile and Peru in this order, have the largest economies in South America, while Argentina, Chile and Uruguay have the best Human Development Index of South America. Venezuela, in turn, has large oil reserves that have turned the nation into an important player in world trade.

Trade blocs

The biggest Trade Bloc in South America is Mercosur, comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela. Associate states include Bolivia, Chile, Colombia, Ecuador and Peru. The second-biggest trade bloc is the Andean Community of Nations comprising Bolivia, Colombia, Ecuador, Peru, Venezuela and as of 2006 Chile. The Union of South American Nations is expected to merge both trade blocs. Motto (Spanish) (Portuguese) (Guaraní) Our North is the South  â€¢  â€¢ Pro Tempore Secretariat Montevideo, Uruguay Largest city São Paulo, Brazil Official languages 3 Portuguese Spanish Guaraní Membership 5 Argentina Brazil Paraguay Uruguay Venezuela Leaders  -  Carlos Álvarez Establishment  -  Declaration of Foz do Iguaçu 30 December 1985   -  Treaty of Asunción...  â€¢  â€¢ Seat of Secretariat Lima, Peru Official language Spanish Type Trade bloc Membership 10 South American states 2 Central/North American observer states Leaders  -  Secretary General Freddy Ehlers Establishment  -  as the Andean Pact 1969   -  as the CAN 1996  Website http://www. ... Pro Tempore Secretariat Brasília Official languages 4 Spanish Portuguese English Dutch Member states 12 Argentina Bolivia Brazil Chile Colombia Ecuador Guyana Paraguay Peru Suriname Uruguay Venezuela Leaders  -  President Rodrigo Borja  -  Tempore Secretary Jorge Taunay Filho Formation  -  Cuzco Declaration 8 December 2004  Area  -  Total 17,715,335 km² (1st2)  sq...

Currency

Below is a list of the currencies of South America, with exchange rates between each currency and both the Euro and US Dollars. It is planned to have a yet unamed South American currency and central bank in Brasília. For other uses, see Euro (disambiguation). ... The United States dollar is the official currency of the United States. ... Nickname: Location of Brasília Coordinates: , Region State Founded 21 April 1960 Government  - Governor Jose Roberto Arruda Area  - City 5,802 km²  (2,240. ...

Table correct as of October 21, 2007; click price to obtain a current quote For other uses, see Euro (disambiguation). ... The United States dollar is the official currency of the United States. ... The Argentine peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. ... Banco Central de la República Argentina (BCRA) is the central bank of the Argentine Republic. ... The boliviano (ISO 4217 code: BOB) is the currency of Bolivia. ... Panoramic view of La Paz, showing the Banco Central de Bolivia building in the centre The Banco Central de Bolivia building in La Paz The Central Bank of Bolivia (Spanish: ) is the central bank of Bolivia, responsible for monetary policy and the issuance of banknotes. ... ISO 4217 Code BRL User(s) Brazil Inflation 3. ... An artists rendering of the Brazilian Central Bank building in Brasília, national capital of Brazil The Brazilian Central Bank (in Portuguese: Banco Central do Brasil) is Brazils highest monetary authority in and the countrys governing body in finances and economics. ... Chilean notes currently in circulation: 1,000; 2,000; 5,000; 10,000; 20,000 pesos The peso is the currency of Chile. ... The Central Bank of Chile (Spanish: ) is the central bank of Chile. ... ISO 4217 Code COP User(s) Colombia Inflation 4. ... Headquarters Bogotá, Colombia General Manager José Darío Uribe Central Bank of Colombia Currency Colombian peso ISO 4217 Code COP Website banrep. ... USD redirects here. ... The Federal Reserve System is headquartered in the Eccles Building on Constitution Avenue in Washington, DC. The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States. ... For other uses, see Euro (disambiguation). ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... The dollar (currency code GYD) has been the currency of Guyana since 1966. ... The Bank of Guyana is the central bank of Guyana. ... The guaraní (plural: guaraníes; ISO 4217 code PYG) is the national currency unit of Paraguay. ... The Central Bank of Paraguay (Spanish: ) is Paraguays highest monetary authority in, and the countrys governing body in, finances and economics. ... ISO 4217 Code PEN User(s) Peru Inflation 2. ... The Central Reserve Bank of Peru (Spanish: ) is the Peruvian central bank. ... The dollar (currency code SRD) has been the currency of Suriname since 2004. ... Centrale Bank van Suriname logo The Central Bank of Suriname (Dutch: Centrale Bank van Suriname) is Surinames highest monetary authority and the countrys governing body in monetary and economic affairs. ... The peso uruguayo (ISO 4217 code: UYU) is the official currency of Uruguay. ... The Central Bank of Uruguay (Spanish: ) is the central bank of Uruguay. ... ISO 4217 Code VEB User(s) Venezuela Inflation 16% Source The World Factbook, 2005 est. ... Banco Central de Venezuela (BCV) is the central bank of Venezuela. ... is the 294th day of the year (295th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

References

• xe.com Universal Currency Converter provides latest figures.

Economic sectors

Agriculture

Manufacturing

Industries are also important to Latin America’s economy. Most South American factories produce food items, consumer goods, or building materials. Larger countries also produce cars, trucks, and airplanes. Some of these companies import all the parts and raw materials needed for manufacturing which limits the amount of profits they can receive for the item. An important factor that is crucial to the success of industries is importing and exporting. An organization called Mercosur helps to expand trade, improve transportation, and reduce tariffs among member countries.

Economy by country

Economy of:

See also

• South America

v • d • e Union of South American Nations  (Unasur · Unasul)
Argentina · Bolivia · Brazil · Chile · Colombia · Ecuador · Guyana · Paraguay · Peru · Suriname · Uruguay · Venezuela