Panama is now richer than Uruguay. Here the new Trump Ocean Club in Panama City. (Photo: Panamausa)
Monday, May 06, 2013
Latin America: Panama Second-Richest
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.
Latinvex - Latin America News