A lot of people are scared that recession is going to hit anytime soon and this explains why more and more people are searching for richest countries in Central and South America by 2015 GDP over the past few months. The main reason why people are looking for places is because they would like to be somewhere wherein they can be financially stable. It is well known that it can be different depending on the place where people are currently living.
There may be some countries in other continents other than Central and South America that are being considered as countries with fast growing economies but some know that it can be nearly impossible to get into some of the countries listed as richest countries in the world by 2015 GDP.
Bill Perry/Shutterstock.com
There are different things that people may be looking for in countries that they check out. Aside from the GDP divided by the average income that a person can earn in that country annually, the resources that the country has is also taken into consideration. A country that rarely has resources that can be exported might not make it as developed as other countries with better resources.
Of course how the money of the people will be utilized by the current government will be helpful too. Having a corrupt government is one of the main reasons why a lot of countries have failed. As much as possible, people are searching for richest countries in Central and South America by 2015 GDP that can be easy to live in.
,
7. Cuba – $72. 3 Billion
While Cuba is highly known for its cigar, it is also well known as it had a dispute with United States in the past. A lot of things have changed though more than a decade ago when it went under some changes. People who are living in Cuba are able to get a lot of benefits that other countries nearby do not get. People are usually supported in getting an education and proper health care.
6. Puerto Rico – $101.5 Billion
The economy of Puerto Rico is known to be highly competitive even though it has suffered a recession back in 2006 and has not quite fully recovered from it. It manages to keep their pharmaceuticals industry strong and it is now venturing into other forms of industries that may help the country more in the future. The fact that it has American wage standards gives workers a benefit over those that are in other nearby countries.
5. Chile – $269.6 Billion
The fact that Chile is considered to be a developed country allows it to be one of the most successful countries in Central and South America. It has managed to grow even more over the past decades because of its main industry right now which is mining. It produces a lot of copper as well as other minerals that are needed all over the world.
4. Colombia – $369.6 Billion
A lot of people may become surprised to know that Colombia is one of the countries ranking high in richest countries in Central and South America by 2015 GDP because of the fact that it has been featured in news regarding illegal money and drugs. Still, the mining industry of the country has skyrocketed which makes it possible for a lot of workers in Colombia to earn honest money.
3. Argentina – $475.5 Billion
Unlike the other Latin American countries, Argentina does not have a very strong mining industry yet it manages to land on the list as one of the richest countries in Central and South America because of its port capital which is Buenos Aires. The trade port is very strong. Add to the fact that there are various industries that are becoming stronger as well.
2. Mexico – $1.178 Trillion
Mexico is way above all the other countries that are mentioned earlier. The main reason why Mexico is a strong country is because of its oil fields. Over the past years, it has been said that there is a big chance that the oil fields will start to become dry in the future and this can make the future bleak for people who are living in Mexico. How long will Mexico be able to stay as one of the richest in Central and South America by 2015 GDP? Only they will know how.
1. Brazil – $2.253 Trillion
The fact that Brazil is a large country has obviously contributed to its advantage as the richest country in Central and South America. It exports oil to different parts of the world and aside from that, it also sells extracted materials that the rest of the world needs as well. It seems that this country is working on its appeal as well to make it big in the tourism sector in the future.
The richest countries in Central and South America by 2015 GDP may have different resources that have contributed to their growth and wealth. Hopefully, the countries will be able to improve in the years to come.
