List of South American countries by GDP
Source | IMF World Economic Outlook (October-2024) |
Date | 15 Feb 2025 |
Brazil is the largest economy in South America, followed by Argentina, Colombia, Chile, and Peru. Together, these five hold a huge close to 90% share of the South American economy. Suriname has the smallest economy in South America.
One economy of South America would have a GDP above $1 trillion, and seven would have an economy above $100 billion. There would be no change in South American nominal ranking in 2025. Brazil is the only South American economy in the top ten largest economies globally, and five economies are within the top 50 world GDP rankings.
Out of 12 economies, the nominal GDP of 11 would increase, and one economy would decrease in 2025 compared to 2024. Brazil ($118.7 bn), Chile ($33.5 bn), and Peru ($11.6 bn) will be the top contributors. Argentina is the sole decliner.
In PPP data, the five largest economies in South America are Brazil, Argentina, Colombia, Chile, and Peru. Three economies would have a GDP above Int. $1 trillion in 2025, and ten would have an economy above Int. $100 billion. There will be no change in PPP ranking in 2025. Only one South American economy, Brazil, is in the top ten list, and five economies are within the top 50 world GDP rankings.
None of the South American economies would see a decrease in 2025 compared to 2024. Again, Brazil (Int. $189 bn) will be the top contributor, followed by Argentina (Int. $93 bn) and Colombia (Int. $49 bn).
All economies have higher GDP on a PPP basis, with Guyana having the highest PPP to nominal ratio of 2.98, while Uruguay has the lowest figure of 1.50.
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- Nominal
- Change in Nominal
Country/Economy | GDP (billions of $) | Share (%) | Rank | ||||
---|---|---|---|---|---|---|---|
2024 | 2025 | Change | S. America | World | S. America | World | |
Argentina | 604.382 | 574.201 | -30.181 | 13.0 | 0.497 | 2 | 26 |
Bolivia | 48.172 | 51.302 | 3.130 | 1.16 | 0.0444 | 9 | 95 |
Brazil | 2,188.419 | 2,307.162 | 118.743 | 52.3 | 2.00 | 1 | 10 |
Chile | 328.720 | 362.240 | 33.520 | 8.22 | 0.314 | 4 | 44 |
Colombia | 417.207 | 419.331 | 2.124 | 9.51 | 0.363 | 3 | 40 |
Ecuador | 121.425 | 125.658 | 4.233 | 2.85 | 0.109 | 6 | 64 |
Guyana | 23.033 | 24.483 | 1.450 | 0.555 | 0.0212 | 11 | 122 |
Paraguay | 44.937 | 46.803 | 1.866 | 1.06 | 0.0405 | 10 | 101 |
Peru | 283.309 | 294.898 | 11.589 | 6.69 | 0.255 | 5 | 50 |
Suriname | 4.918 | 4.957 | 0.039 | 0.112 | 0.00429 | 12 | 162 |
Uruguay | 82.482 | 86.423 | 3.941 | 1.96 | 0.0748 | 8 | 82 |
Venezuela | 106.327 | 109.957 | 3.630 | 2.49 | 0.0952 | 7 | 72 |
South America | 4,253.331 | 4,407.415 | 154.084 | 3.82 |
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- PPP
- Change in PPP
Country/Economy | GDP (billions of Int. $) | Share (%) | Rank | PPP/Nom | ||||
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2024 | 2025 | Change | S. America | World | S. America | World | ||
Argentina | 1,353.804 | 1,447.250 | 93.446 | 14.6 | 0.708 | 2 | 31 | 2.520 |
Bolivia | 139.158 | 144.804 | 5.646 | 1.46 | 0.0708 | 8 | 92 | 2.823 |
Brazil | 4,702.004 | 4,890.950 | 188.946 | 49.5 | 2.39 | 1 | 8 | 2.120 |
Chile | 674.388 | 702.979 | 28.591 | 7.11 | 0.344 | 4 | 43 | 1.941 |
Colombia | 1,129.638 | 1,178.734 | 49.096 | 11.9 | 0.576 | 3 | 32 | 2.811 |
Ecuador | 296.728 | 305.855 | 9.127 | 3.09 | 0.150 | 6 | 65 | 2.434 |
Guyana | 62.651 | 72.997 | 10.346 | 0.738 | 0.0357 | 11 | 115 | 2.982 |
Paraguay | 127.416 | 134.661 | 7.245 | 1.36 | 0.0659 | 9 | 94 | 2.877 |
Peru | 605.570 | 632.732 | 27.162 | 6.40 | 0.309 | 5 | 48 | 2.146 |
Suriname | 13.850 | 14.523 | 0.673 | 0.147 | 0.00710 | 12 | 160 | 2.930 |
Uruguay | 123.223 | 129.252 | 6.029 | 1.31 | 0.0632 | 10 | 96 | 1.496 |
Venezuela | 222.356 | 233.175 | 10.819 | 2.36 | 0.114 | 7 | 77 | 2.121 |
South America | 9,450.786 | 9,887.912 | 437.126 | 4.84 | 2.243 |