5 Richest Countries in Central and South America

2. Chile

Total Wealth in 2021: $785 billion

Chile, or the Republic of Chile, is a nation located in the western region of South America with Santiago as its capital and largest city, and Spanish as its official language. The country boasts a high-income economy and is considered as one of the most economically and socially stable nations in South America. Chile is known for its exceptional achievements in Latin America when it comes to promoting commercial competitiveness, per capita income, globalization, peace, and economic freedom. In 2021, the country’s total wealth rounded up to $785 billion, making it one of the richest countries in Central and South America.