Back اقتصاد أمريكا الجنوبية Arabic Economía de América del Sur Spanish Հարավային Ամերիկայի տնտեսություն Armenian Оңтүстік Америка экономикасы Kazakh Economia da América do Sul Portuguese 南美洲经济 Chinese
 | This article's lead section may be too short to adequately summarize the key points. (February 2024) |
 The Greater São Paulo has the largest gross metropolitan product in South America. | |
| Statistics | |
|---|---|
| Population | 434 million[1][2] |
| GDP | |
| GDP rank | |
GDP growth | 2.7% (2025 est.)[3] |
GDP per capita | |
GDP per capita rank | |
Millionaires (US$) | 915,000 (2022)[4] |
| Public finances | |
| 75.1% of GDP (2023 est.)[5] | |
| Most numbers are from the International Monetary Fund. IMF South America Datasets All values, unless otherwise stated, are in US dollars. | |
| World economy |
|---|
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The economy of South America comprises approximately 434 million people living in the 12 sovereign states and three dependent territories of South America, which encompasses 6 percent of the world's population. In 2025, South America ranks fourth in terms of nominal GDP by continent, behind Europe and after Africa and Oceania. [3]
South America has two major trade blocks: Mercosur and the Andean Community. Brazil is the largest economy in South America in terms of Nominal GDP, it has a vast and diverse economic landscape encompassing agriculture, manufacturing, services, and natural resources. Due to Brazil's major economy, it has a large influence over its neighbors, and even globally. Argentina which is South America's second largest economy, boasts a rich history of industrialization and a well-developed agricultural sector. Despite economic challenges and very high inflation, Argentina uses its abundant natural resources and skilled workforce to drive economic growth and innovation. Together, Brazil and Argentina serve as economic powerhouses and as such, are major influences to surrounding countries. Uruguay stands out as it boasts the highest GDP per capita in the region. Renowned for its stable political environment, strong social welfare system, and diversified economy, Uruguay has consistently ranked among the top nations in terms of human development and standard of living. Uruguay has a large agriculture sector and has made previous strategic investments in technology and innovation, Uruguay's economy thrives on both domestic consumption and international trade. Guyana ranks second which is attributed to its oil and gas sector.[6]
- ^ "World Population Prospects 2022". United Nations Department of Economic and Social Affairs, Population Division. Retrieved 17 July 2022.
- ^ "World Population Prospects 2022: Demographic indicators by region, subregion and country, annually for 1950-2100" (XSLX) ("Total Population, as of 1 July (thousands)"). United Nations Department of Economic and Social Affairs, Population Division. Retrieved 17 July 2022.
- ^ a b c d e f "World Economic Outlook (October 2024) Data Mapper". International Monetary Fund. Retrieved 13 February 2025.
- ^ Shorrocks, Anthony; Davies, James; Lluberas, Rodrigo (2022). Global Wealth Databook 2022 (PDF). Credit Suisse Research Institute. Archived (PDF) from the original on 19 October 2022. Retrieved 17 January 2023.
- ^ International Monetary Fund (2022). "General government gross debt". IMF Data Mapper. International Monetary Fund. Archived from the original on 18 January 2023. Retrieved 5 November 2022.
- ^ "Guyana Datasets". www.imf.org. Retrieved 1 March 2024.
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