Assets of Latin America’s Top 1,000 Companies equal half the regional GDP


News from Panama / Monday, August 22nd, 2016

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According to LatinTrade.com this year, Latin Trade created its biggest ever ranking: the Latin America Top 1,000 Companies, ranking the firms by revenues, assets, net income, gross profits and EBITDA.

The companies in the ranking have total assets of $4.5 trillion, almost half the regional GDP in 2015 of $9.5 trillion.

The LT1000 gathers all the essential financial data of companies in the following sectors: Finance & Insurance, Oil & Gas, Mining, Telecommunications, Software & Data, Funds, Chemical, Electricity, Food & Beverage, Non-metallic Mining, Agriculture & Fisheries, Vehicles & Parts, Transport, Construction.

 

Despite economic and political woes in some of the countries in the region, Latin America’s top 100 employers’ workforce dropped by a mere 0.5 percent, reflecting a solid strategy, according to Latin Trade’s most recent Top 100 Employers ranking.

Many of the companies in our ranking saw double-digit growth in their numer of employees compared with last year. Among them are Argentina’s Irsa and Mexico’s Cinépolis.

Our rankings and indexes provide corporations with key financial data in order to help decision-makers, CEOs and CFOs make the best decision and choice when expanding in Latin America.

Coming soon: Top 100 Banks, Top Foreign Companies, Top Technology Companies, the Latin America Infrastructure Index, Latin Globalization Index and more.

LT subscribers also receive our daily newsletter service in their choice of Spanish or English, and have full access to our articles. This year, we have added even more brainpower from top academics, researchers, economists and more from leading regional universities and institutions such as the World Bank, IDB, Inter-American Dialogue, McKinsey Global Institute and The Atlantic Council.

For more information, visit:  http://latintrade.com