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In the 1980s, what some analysts consider an economically 'lost decade' [2] in Latin America, Selman and Strandberg decided to start a Latin American business magazine. Since 1986, AméricaEconomía has been analysing business, economics and finance news in Latin America. It is published monthly in Spanish and Portuguese.
The economy of the Americas comprises more than 1 billion people in 35 different countries and 18 territories. Sometimes divided into the continents of North America and South America depending on the source, like other continents, the wealth between the states in the Americas varies considerably, with significant wealth inequality within nations.
Map of Latin America showing modern political divisions. Latin America as a region has multiple nation-states, with varying levels of economic complexity. The Latin American economy is an export-based economy consisting of individual countries in the geographical regions of North America, Central America, South America, and the Caribbean.
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank , the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009 , where gross domestic product (GDP) suffered a decline to 3.8%. [ 1 ]
South America produces half of the world's soybeans. Coffee in Minas Gerais. In 2018, Brazil was the world's largest producer, with 3.5 million tons. South America produces half of the world's coffee. Orange in São Paulo. In 2018, Brazil was the world's largest producer, with 17 million tons. South America produces 25% of the world's oranges.
The Latin American and the Caribbean Economic System, officially known as Sistema Económico Latinoamericano y del Caribe (SELA), is an organization founded in 1975 to promote economic cooperation and social development between Latin American and the Caribbean countries.
The economy of North America comprises more than 596 million people (8% of the world population) in its 24 sovereign states and 15 dependent territories. [1] [2] It is marked by a sharp division between the predominantly English speaking countries of Canada and the United States, which are among the wealthiest and most developed nations in the world, and countries of Central America and the ...
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