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- Bolivia. Bolivia is the poorest nation in Latin America by any measure. High unemployment and underemployment are rampant in Bolivia, and more than 80% of the nation’s population lives in poverty.
- Suriname. The smallest independent country in South America, Suriname has one of the highest Gini coefficients in the world, which indicates a very large degree of income inequality.
- Venezuela. A 2020-21 survey made headlines with the finding that 76.6% of Venezuelans lived in extreme poverty. While that percentage improved to 50.5% by 2022, Venezuela remains mired in significant poverty.
- Paraguay. Paraguay faces high income inequality, with a Gini coefficient in the 45-46 range. According to the Borgen Project, the richest 10% of people in Paraguay earn 37.1% of the income, while the poorest 40% of people earn a total of 12.5% of the income.
Dec 9, 2023 · The poorest country in South America and the Caribbean is Haiti, which has a GDP per capita of $3,190, as of December 2023, according to data from the IMF. Overall, the regional economic outlook ...
Brazil is the largest country in South America and has a low to moderate poverty rate [citation needed]. Poverty in Brazil is concentrated in the north-eastern region of the country, with 60% of the country's poorest. The majority of those in poverty are of Afro-Brazilian heritage.
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Mar 27, 2024 · However, Bolivia is not the only country in South America facing economic challenges. There are several other countries in the region that struggle with poverty. In fact, I can provide you with a list of the 15 poorest countries in South America and the Caribbean: 1. Suriname 2. Peru 3. Paraguay 4. Ecuador 5. Jamaica 6. El Salvador 7. Belize 8 ...
Dec 9, 2023 · GDP Per Capita (2023): $18,310. Suriname is a small country on the northeastern coast of South America. The country has a GDP of $11.44 billion and a GDP per capita of $18,310. Ranked 13th on our list, Suriname is one of the poorest countries in South America and the Caribbean. 12. Peru. GDP Per Capita (2023): $15,890.
Mar 3, 2024 · The poorest country in South America is Venezuela, with a per capita GDP of only $3,374. The country has been facing a severe economic and political crisis in recent years, leading to widespread poverty and economic instability.
Apr 10, 2024 · The Macro Poverty Outlook (MPO) analyzes macroeconomic and poverty developments in 28 developing countries in Latin America and the Caribbean. The report is released twice annually for the Spring and Annual Meetings of the World Bank and the International Monetary Fund. The MPO consists of individual country notes that provide an overview of ...
