Per capita incomes throughout Latin America currently lag behind first world nations; however, that hasn’t always been the case. Argentina, for example, counted itself as one of the wealthiest nations in the world at the turn of the 20th century.
Today certain nations provide a demonstrably higher standard of living in the region due to fundamentally stronger economies.
Additionally, through 2009, most Latin American countries had a higher GDP per capita than China.
Below are basic graphical interpretations of GDP (PPP) Per Capita* for a specific subset of Latin American nations with a side by side comparison of 2010, and 2011.
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- gdppercapchart
*International Monetary Fund, World Economic Outlook Database, April 2011
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