Which country is the poorest in South America?

Bolivia Bolivia. Bolivia is the poorest nation in Latin America. More than 80% of the nation's population lives in poverty, and 15% is considered extremely poor. The high poverty rate is attributed to the country's reliance on small-scale agriculture.

What is the richest country in South America?

Here are the 10 richest countries in South America:

Venezuela ($291.38 Bn)
Colombia ($282.46 Bn)
Chile ($247.05 Bn)
Peru ($192.21 Bn)
Ecuador ($98.01 Bn)
Uruguay ($52.42 Bn)
Bolivia ($33.81 Bn)
Paraguay ($27.17 Bn)

Which South American region is the poorest economically?

Poverty in South America is prevalent in most of its countries. Those that have the highest rates of poverty per population are Suriname, Bolivia, Guyana, and Venezuela.

Why is Bolivia the poorest country in South America?

Bolivia is a state plagued with inequality and inadequate development, making it the poorest nation in South America. Poverty affects the majority of the population, with almost 40 percent of Bolivians living in extreme poverty.

Is Uruguay a very poor country?

While Uruguay's poverty rate is the lowest in Latin America, with 3.2 percent of its population living on less than $5.5 (in 2011 PPP) in 2019, systematic differences in monetary and non-monetary dimensions of poverty by race, age group and residence remain important.

Is South America or Africa poorer?

It is much poorer; by most measures, Latin America's combined GDP is between two and three times greater than that of sub-Saharan Africa, and it's as much as seven times per capita. Only a handful of African countries have a higher per capita GDP than Honduras, the poorest country in Latin America.

Is South America richer than Africa?

Europe is at 2nd place, Oceania is at 3rd, and South America is at 4th position in ppp methods. Africa is the poorest continent in the world. GDP per capita of Asia, South America, and Africa are less than the global average….List of continents by GDP per capita.

Source	International Monetary Fund World Economic Outlook (October-2021)
UN
Date	03 Nov 2021

Is Argentina poor or rich country?

With a Gross Domestic Product (GDP) of approximately US$490 billion, Argentina is one of the largest economies in Latin America.

Why is Argentina in poverty?

The government said on Thursday the poverty rate dipped to 40.6% in the first half of 2021 from 42% before, in the country of 45 million people that is rich in natural resources from cattle and corn to natural gas, but plagued by inflation, economic mismanagement and years of cyclical debt crises.

What is the least safest country in South America?

Venezuela is ranked as the most dangerous country in South America because of its political instability, high levels of violence and increased crime rates.

Why is Chile in poverty?

Chile is currently struggling with its finances and education system. A public charity called Hogar De Cristo conducted a survey concluding that 58 percent of Chileans found that a lack of opportunities and education were the leading causes of poverty in Chile.

Is Uruguay richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Uruguay, the GDP per capita is $22,400 as of 2017.

Is Argentina a poor country?

A century ago, Argentina was framed in the top ten of richer countries of the world. Today it is located in the ranked 63 in the world, according to the latest data from the International Monetary Fund (IMF 2017) and the poverty reached 33.6% of the population (UCA, 2018).

Is Brazil a poor country?

Although the nation has some of the wealthiest in the world, many more suffer from extreme poverty. 26% of the population still lives below the poverty line.

Is Argentina poor than India?

India has a GDP per capita of $7,200 as of 2017, while in Argentina, the GDP per capita is $20,900 as of 2017. In India, 21.9% live below the poverty line as of 2011. In Argentina, however, that number is 25.7% as of 2017.

Is Chile a poor country?

Chile has been one of Latin America's fastest-growing economies in recent decades, enabling the country to significantly reduce poverty. However, more than 30% of the population is economically vulnerable and income inequality remains high.

How corrupt is Argentina?

Extent. In Transparency International's 2021 Corruption Perceptions Index, Argentina scored a 38 on a scale from 0 ("highly corrupt") to 100 ("highly clean").

What country is the most violent?

El Salvador saw a murder rate of 52.02 per 100,000 inhabitants, making it the most dangerous country for this kind of crime worldwide in 2022.

Which is safer Argentina or Chile?

3 – Argentina The most visited country on the continent and one of the top three safest places to travel in South America, Argentina has so much to offer any type of traveler. The Global Peace Index ranking is 74, which is considerably higher than Chile and Uruguay.

Is Chile richer than India?

Chile has a GDP per capita of $24,600 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

Why Uruguay is so poor?

Still, poverty does exist in this Latin American country, and the causes of poverty in Uruguay can be summarized in three major categories: lack of education for young children, the rapidly modernizing rural sector and discrepancies in economic status between men and women.

Is Chile richer than Argentina?

Indeed, a century ago, it was one of the world's wealthiest countries, with a standard of living on par with that of the US. Today, however, Argentina's per capita income amounts to just 40% of America's, and is considerably lower than Chile's.

Is Brazil poorer than India?

Comparing Economic Growth 9 Measured on a per capita basis, however, Brazil is far richer.

Is Brazil richer than India?

Comparing Economic Growth 8 This is mostly because India's population, which is estimated at 1.34 billion in 2021, is significantly larger than Brazil's at an estimated 213 million as of the same year. 9 Measured on a per capita basis, however, Brazil is far richer.

Which country is more rich India or Argentina?

India has a GDP per capita of $7,200 as of 2017, while in Argentina, the GDP per capita is $20,900 as of 2017.

Is Peru poor?

The most recent official poverty numbers in Peru correspond to 2019 and indicate that the national poverty rate was 20.2 percent while extreme poverty was 2.9 percent. The national poverty line in local currency was 352 soles per capita per month and the national extreme poverty line was 187 soles per capita per month.

Which country is most corrupt?

Denmark, New Zealand, Finland, Singapore, and Sweden are perceived as the least corrupt nations in the world, ranking consistently high among international financial transparency, while the most apparently corrupt are Syria, Somalia (both scoring 13), and South Sudan (11).

Are police corrupt in Argentina?

Corruption is a pervasive and widespread practice among police agents in Argentina. It's hard to know with precision the extent of corruption within Argentine law enforcement. Corruption is difficult to measure because most of it is never discovered and/or is not reported.

Which country has no crime?

Iceland tops the Global Peace Index, which ranks countries according to safety and security, ongoing conflict and militarisation.

Which is the saddest country in the world?

The top saddest countries in the world:

Zimbabwe.
Rwanda.
The Central African Republic.
Tanzania.
Syria.
Botswana.
Yemen.
Malawi.