Is Brazil’s economy stronger than Argentina?

Stat Argentina Brazil
GDP growth, 5-years average -0.3% -0.8%
Population 44.9M 210.1M
GDP per capita $12k $8.9k
GDP per capita growth -3.47% 0.33%

Is Brazil’s economy better than Argentina?

Comparison In 2019, Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B). That same year, Argentina ranked 59 in the Economic Complexity Index (ECI 0.19), and 46 in total exports ($64B).

Where does Argentina economy rank in the world?

Argentina is a developing country. Its economy is the second-largest national economy in South America, behind Brazil.

Economy of Argentina.

Statistics
GDP $418.150 billion (nominal, 2021 est.) $1.015 trillion (PPP, 2021 est.)
GDP rank 31st (nominal, 2021 est.) 28th (PPP, 2021 est.)

Is it cheaper to live in Argentina or Brazil?

Argentina is 13% cheaper than Brazil.

What is the wealthiest country in South America?

Here are the 10 richest countries in South America: United States ($18.62 Tn)

Richest Countries In South America 2021.

Country Peru
GDP (IMF ’19) $232.08 Bn
GDP (UN ’16) $192.21 Bn
Per Capita $192.21 Bn

Is Chile richer than Brazil?

GDP per capita

This projection puts Chile in the 63rd place in a ranking with 192 countries. Brazil is way below, with a GDP per capita projection of US$ 16,111.56, in the 84th place. IMF projections go all the way until 2023; in that year, Chile’s GDP is estimated on US$ 31.5 thousand; Brazil’s, US$ 19.2 thousand.

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Why is Brazil so poor?

Brazil is underdeveloped because its economy failed to grow or grew too slowly for most of its history. … At the time of independence (1822) Brazil had one of the least productive economies in the western hemisphere, with a per capita GDP lower than any other New World colony for which we have estimates.

Where does Brazil rank in poverty?

Brazil poverty rate for 2019 was 19.60%, a 0.2% decline from 2018. Brazil poverty rate for 2018 was 19.80%, a 0.4% decline from 2017.

Brazil Poverty Rate 1981-2021.

Similar Country Ranking
Country Name % Under US $5.50 Per Day
Brazil 19.60%
Paraguay 15.40%
Dominican Republic 12.40%

What is the richest country in Africa?

Total private wealth in Africa as of 2020, by country (in billion U.S. dollars)

Characteristic Wealth in billion U.S. dollars
South Africa 604
Egypt 282
Nigeria 207
Morocco 111

Is Argentina a healthy country?

Argentina is a modern country with good health and dental services. Sanitation and hygiene at restaurants is relatively high, and tap water is generally safe to drink throughout the country.

Is Argentina a successful country?

The World Bank classifies Argentina as a high-income nation. The country’s economy is driven by manufacturing, agricultural exports, natural resources and the services industry, which includes a thriving tourism industry. [Explore the top universities in Argentina.]