Brazil's gross domestic product (GDP) is almost equal to that of all the other South American countries combined. It is by far the largest economy in South America and is the ninth-largest economy in the world by purchasing power parity.
More facts about South American economies:
- The country with the smallest GDP in South America is Guyana, which has a GDP 100 times smaller than that of Brazil. To be fair, though, Guyana is also 40 times smaller than Brazil in terms of area.
- The second-largest economies in South America after Brazil are those of Argentina and Colombia, both of which have a GDP roughly one-fourth of the size of Brazil's.
- Though Brazil has the largest economy and is the largest exporter in South America, it also has the most debt. The external debt of Brazil is roughly equivalent to the combined debt total of the three countries with the next-largest debts — Argentina, Chile and Colombia.