My friend Joaquim Bamrud, editor in chief of Latinvex just shared their analysis of IMF’s latest study on LatAM and not surprising Panama is ranking up their again.
The richest and poorest countries in Latin America.
BY LATINVEX STAFF
Panama has become the second-richest country in Latin America after Chile, while Peru is now richer than Colombia, according to a Latinvex analysis of new data from the International Monetary Fund.
The analysis used data for gross domestic product based on purchasing-power-parity (PPP) per capita GDP in international dollars to measure wealth and excludes Argentina, which has been criticized for having unreliable data on its economy.
Panama’s GDP PPP is now… (subscribe to Lativex with the link below)