According to the IMF, these are the 4 South American countries in the top 5 best economies in 2024 Answers

He International Monetary Fund (IMF) has released its 'Global Economic Outlook to 2024' report, spotlighting the top 5. Economies Latin American Regions highlights four regions of South America that have the best predictions for this year and will give you a lot to talk about.

Although Latin America is expected to grow by 2% by the end of the year, this number is down from the previous year. The economic challenges facing Argentina contributed to the decline in these growth projections, thus reflecting the complexity of the economic situation in Latin America.

Below, find out which countries on the continent stand out on the list, which gives its citizens an optimistic outlook.

Which four South American countries stand out among the top 5 economies in 2024?

In a recent report by the International Monetary Fund (IMF), Venezuela It leads the top 5 of the five most promising economies in Latin America, hence South America, with 4% growth.

Followed by Venezuela Paraguay with 3.8%, Uruguay 3.7% and Peru with 2.5%. Finally, the top 5 places will be completed by the North American country of Mexico with 2.4%.

The above mentioned countries are in a position to lead economic growth in the region. This positive ranking will attract the attention of investors and observers around the world, creating expectations about its future and its impact on the global economic situation.

How are other South American countries doing?

As for other South American countries, Brazil ranks sixth with 2.2% growth and Chile ranks seventh with 2%.

Bolivia is in eighth place with 1.6% growth, and Colombia is ninth with 1.1% growth. Ecuador, for its part, ranks tenth with 0.1% growth.

Finally, Argentina shows an unfavorable outlook by keeping itself in eleventh place with a -2.8% drop in its GDP for 2024. Summary box.

Which are the only two countries in Latin America that will be rich in 2030?

Using Gross Domestic Product (GDP) and Purchasing Power Supply (PPP) as its main tools, 'The Long View: How will the world economy change by 2050?' A report was published on the topic, which allowed fair comparisons to be made among the world's economies, giving a more accurate perspective of each country's true size and power.

Taking this into account, Brazil and Mexico will be the only Latin American countries in the world's top 10 economies by 2030. Brazil ranks eighth with an estimated GDP of $4,439 billion, making it South America's largest economy. For its part, Mexico ranks ninth with a GDP of 3,661 billion dollars.

The economic growth of these countries is mainly due to the diversification of their resources and improvements in infrastructure and financial development policies, the paper says. Republic.