As defined by the Value Investing Business Schoolhe gross domestic product (GDP) per capita “It is an indicator that shows the wealth per inhabitant of each country or region“, data that is obtained by dividing the nominal GDP (an indicator that includes the value of all final goods and services produced in a country during a given period of time) by the number of inhabitants of a country.
Among the uses given to this concept, One can mention its usefulness to measure the economic development of a country, its growth, the design of public economic policies, comparisons and evaluations of living standards.among others.
(You can read: Colombian external debt continues to fall: in September it reached 47.9% of GDP).
Being an indicator widely used by global organizations and economic experts to get an idea of a person’s quality of life and other factors, such as working conditionsTherefore, a piece of information that can say a lot about the spending capacity of the inhabitants of a specific nation.
How much money should a middle class person receive per month.
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Latin America and the Caribbeanas well as other regions of the world, is also the subject of economic study, so using this indicator to analyze what is happening financially in this part of the world is not something new.
(Also: The origin of the fiscal challenges that have the country in check).
He International Monetary Fund (IMF)in its October World Economic Outlook report, was in charge of making this measurement with all Latin American countries (except Cuba and French Guyana) to find out which countries have the highest average wealth compared to the rest. . These were the results.
The ‘top’ 10 in the region
1. French Guiana: $28,920
2. Uruguay: $23,050
3. Panama: $19,370
4. Costa Rica: $17,860
5. Chile: $16,370
6. Mexico: $13,970
7. Argentina: $12,810
8. Dominican Republic: $11,690
9. Brazil: $10,300
10. Peru: $8,320.
How much money should a middle class person earn?
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How did Colombia fare?
With a GDP per capita of 7,920 dollars (34.8 million pesos)Colombia occupies twelfth place in the region in this indicator and sixth in South America, being surpassed by French Guyana, Uruguay, Chile, Argentina, Brazil and Peru. While the countries it surpasses are:
13. Suriname: $7,600.
14. Ecuador: $6,760.
15. Guatemala: $6,300.
16. Paraguay: $5,870.
17. El Salvador: $5,610.
18. Venezuela: $4,020.
19. Bolivia: $3,920.
20. Honduras: $3,450.
21. Haiti: $2,120.
PORTFOLIO
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