List of South American countries by GDP

Brazil is the largest economy in South America, followed by Argentina, Chile, Colombia, and Peru. These five together hold a huge 90% share of the South American economy. Suriname is the smallest economy in South America.

One economy of South America would have gdp above $1 trillion, and six would have an economy of above $100 billion. In 2021, Chile will overtake Colombia to become the 3rd largest economy in South America, and Bolivia will overtake Venezuela. However, none of the South American economies are in the list of top ten largest economies globally, and four economies are within the top 50 world gdp ranking.

Of 12 economies, gdp (nominal) of 10 would increase, and two economies would decrease in 2021 compared to 2020. Brazil ($58 bn) and Chile ($55 bn) will be the top contributors, accounting for 58% of the increase in the South American economy. Argentina ($30 bn), Colombia ($24 bn), and Peru ($22 bn) are other top contributors. Venezuela and Uruguay are the two decliners.

In ppp data, the five largest economies of South America are Brazil, Argentina, Colombia, Chile, and Peru. Two economies would have gdp above Int. $1 trillion in 2021 and eight would have an economy of above Int. $100 billion. There would be only no change in ppp ranking. Only one South American economy, Brazil, is in the top ten list, and five economies are within the top 50 world gdp ranking.

Out of 12 economies, gdp (ppp) of 11 would increase, and one economy would decrease in 2021 compared to 2020. Again, Brazil (Int. $175 bn) will be the top contributor, accounting for 44% of the increase in the South American economy. Argentina (Int. $73 bn) and Colombia (Int. $51 bn) are other top gainers. Venezuela is the only decliner.