According to the expectations of the International Monetary Fund (International Monetary Fund) It is estimated that a country located in South America will be among the top ten in the world rankings by 2028 due to its economic stability and great strong growth during all these years, which allows it to compete with other countries that are powers such as China or the United States. United State. All details about the nation that are part of this list are in the following note.
Which country in South America will be rich in 2028, according to the International Monetary Fund?
The International Monetary Fund (IMF) issued a report placing Brazil in the top ten with one of the strongest economies in the world in 2028 due to the development of the GDP and the various economic measures it is taking that allow us to strengthen ourselves as a power in the region. Therefore, this country will outperform important countries, whether it is the United Kingdom or France.
Regarding Brazil’s GDP, continuous growth is estimated, that is, it is expected to reach $2,321.85 billion by 2025, and the following year it will reach $2,449 billion. In 2027, GDP is expected to rise to $2,587.52 trillion and in 2028 to $2,758.83 trillion. Likewise, China, the United States and India will top the ranking, as they consider themselves among the richest countries in the world.
What countries are included in the IMF’s 2028 classification?
- China
- United State
- India
- Japan
- Germany
- Indonesia
- Russia
- Brazil
- France
- United kingdom
Which South American country will grow the most in 2024, according to the Department of Economic and Social Affairs?
The United Nations Department of Economic and Social Affairs revealed that Latin America and the Caribbean will witness lower growth than last year due to poor implementation of its main drivers, namely Brazil, which will grow by only 1.6% during 2024, compared to 3.1% in the previous year. In contrast, Mexico will see an increase of 2.3% this year, compared to 3.5% in 2023. Quite the opposite for Argentina’s GDP, as it will contract by -3.3% at this time, after witnessing a decline of -2.5% in the year. The past, although at the same time the crisis will continue with a high level of inflation.
But the opposite is calculated with Guyana, whose economy in the region will be the most growing during this season, with an increase of 25.3%, while by 2025 it will be 12.2%, amid the success achieved by oil exploration in the country. The aforementioned country, which is currently in a territorial dispute with Venezuela over the Essequibo region, an area rich in natural and mineral resources.
Finally, other countries that will have better forecasts in 2024 are: Panama and Dominican Republic (both with forecasts of 4.2%), Paraguay (4%), Costa Rica (3.7), Honduras (3.3%), Guatemala. (3.1%), Uruguay (2.8%), Venezuela (2.7%), Ecuador (2.4%), Peru and Mexico (both 2.3%), Chile (2.2).
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