Between 2017 and 2020, a Colombian and a Brazilian company ranked at the top of the list of fastest growing businesses in Latin America. Esdiez Constructora, which operates in the residential buildings construction sector, and Magnamed, a Brazilian company focused on the critical care market, registered a compound annual revenue growth in that period of 265.6 and 119.7 percent, respectively. Out of the ten Latin American companies with the highest CAGR in those years, six were headquartered in Brazil.
Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth
including only companies headquartered in Latin American countries*
Supplementary notes
* To be included in the list of the Americas’ fastest-growing companies, a company had to meet the following criteria:
• Revenue of at least $100,000 generated in 2017 (or currency value equivalent according to the average of the actual fiscal year).
• Revenue of at least $1.5m generated in 2020 (or currency value equivalent according to the average of the actual fiscal year).
• An independent entity (not a subsidiary or branch office of any kind).
• Revenue growth between 2017 and 2020 that was primarily organic (i.e. "internally" stimulated)
• Headquartered in one of 20 American countries.
Additional information about the methodology can be found in the last section of the article.
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Financial Times. (April 5, 2022). Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/
Financial Times. "Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth." Chart. April 5, 2022. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/
Financial Times. (2022). Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/
Financial Times. "Fastest Growing Companies in Latin America between 2017 and 2020, Based on Compound Annual Revenue Growth." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/
Financial Times, Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth Statista, https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/ (last visited July 23, 2024)
Fastest growing companies in Latin America between 2017 and 2020, based on compound annual revenue growth [Graph], Financial Times, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1112886/fastest-growing-companies-latin-america/