In 2022, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 31,458 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 35,208 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,748 U.S. dollars per person per year.
GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population.
Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country
(in U.S. dollars)
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World Bank. (July 25, 2023). Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/
World Bank. "Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country (in U.S. dollars)." Chart. July 25, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/
World Bank. (2023). Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/
World Bank. "Gross Domestic Product (Gdp) per Capita in Latin America and The Caribbean in 2022, by Country (in U.S. Dollars)." Statista, Statista Inc., 25 Jul 2023, https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/
World Bank, Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country (in U.S. dollars) Statista, https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/ (last visited July 22, 2024)
Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2022, by country (in U.S. dollars) [Graph], World Bank, July 25, 2023. [Online]. Available: https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/