List Of South American Countries By GDP (nominal)
This article includes for each section three lists of countries of South America sorted by their gross domestic product (GDP) and by their gross domestic product per capita.
The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore these figures should be used with caution.
Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP) and List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
Great care should be taken when using either set of figures to compare the wealth of two countries. Often people who wish to promote or denigrate a country will use the figure that suits their case best and ignore the other one, which may be substantially different, but a valid comparison of two economies should take both rankings into account, as well as utilising other economic data to put an economy in context.
These lists includes countries and territories which are commonly included in South America. Sometimes Aruba, Bonaire, Curacao, Panama and Trinidad and Tobago may also be included in South America. The precise listing of South American countries may vary. GDP of South America was 5.6% of the world GDP in 2010.
Non-sovereign entities which are not considered to be countries (world, the South America totals, regional trade blocs and a dependent territory) are included in the list because they appear in the sources or gives useful and relevant comparative information between trade blocs and countries of the region. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. The country aggregates are marked in bold and italics and the dependent territories are marked in italics.
- The first list includes 2010 data estimates for members of the International Monetary Fund.
- The second list includes data (mostly) for the year 2010 from the World Bank.
- The third list includes data from The World Factbook, provided by the US Central Intelligence Agency. Data between countries are not always comparable as it may refer to different years. Figures are mostly estimates for 2010.
Read more about List Of South American Countries By GDP (nominal): GDP (Nominal), GDP (Nominal) Per Capita
Famous quotes containing the words list, south, american and/or countries:
“A man’s interest in a single bluebird is worth more than a complete but dry list of the fauna and flora of a town.”
—Henry David Thoreau (1817–1862)
“In the far South the sun of autumn is passing
Like Walt Whitman walking along a ruddy shore.
He is singing and chanting the things that are part of him,
The worlds that were and will be, death and day.
Nothing is final, he chants. No man shall see the end.
His beard is of fire and his staff is a leaping flame.”
—Wallace Stevens (1879–1955)
“The keynote of American civilization is a sort of warm-hearted vulgarity. The Americans have none of the irony of the English, none of their cool poise, none of their manner. But they do have friendliness. Where an Englishman would give you his card, an American would very likely give you his shirt.”
—Raymond Chandler (1888–1959)
“General education is the best preventive of the evils now most dreaded. In the civilized countries of the world, the question is how to distribute most generally and equally the property of the world. As a rule, where education is most general the distribution of property is most general.... As knowledge spreads, wealth spreads. To diffuse knowledge is to diffuse wealth. To give all an equal chance to acquire knowledge is the best and surest way to give all an equal chance to acquire property.”
—Rutherford Birchard Hayes (1822–1893)