Search

The Online Encyclopedia and Dictionary

 
     
 

Encyclopedia

Dictionary

Quotes

 

Economy of South America


Economy of South America
During 2003 unless otherwise stated
Population: 364.24 million
GDP (PPP): US$2.65 trillion
GDP (Currency): $0.97 trillion
GDP/capita (PPP): $7,264
GDP/capita (Currency): $2,663
Annual growth of
per capita GDP:
-0.29% (2002)
Income of top 10%: 44.37 %
Millionaires: 0.3 million (0.08%)
Unemployment 10.76 % (2002)
Most numbers are from nationmaster.com from 2002, some numbers exclude certain countries for lack of information.

The economy of South America comprises more than 360 million people living in 14 states and territories.

Contents

Economic development

to be completed

Future

Regional variation

to be completed

Trade blocs

to be completed

South American Community of Nations

The South American Community of Nations (SACN) will be a continent-wide free trade zone that will unite two existing free-trade organizations—Mercosur and the Andean Community—eliminating tariffs for non-sensitive products in ten years and sensitive products in fifteen years.

Currency

Below is a list of the currencies of South America, with exchange rates between each currency and both the Euro and US Dollars.

Country Currency worth in Euro worth in USD Central Bank
Argentina Argentine peso (ARS) 3.99987 / euro 2.97100 / USD Banco Central de la República Argentina [1]
Bolivia Boliviano (BOB) 10.7987 / euro 8.02100 / USD Banco Central de Bolivia [2]
Brazil Real (BRL) 3.64377 / euro 2.70650 / USD Banco Central do Brasil [3]
Chile Chilean peso (CLP) 780.048 / euro 579.400 / USD Banco Central de Chile [4]
Colombia Colombian peso (COP) 3.296,46 / euro 2.481,93 / USD Banco de la República [5]
Ecuador US Dollar (USD) 0.742775 / euro 1 Federal Reserve [6]
Falkland Islands Falkland Pound (FKP) (fixed to GBP) 0.692619 / euro 0.514460 / USD Bank of England [7]
French Guiana Euro (EUR) 1 1.34630 / USD European Central Bank [8]
Guyana Guyanese dollar (GYD) 240.315 / euro 178.500 / USD Bank of Guyana [9]
Paraguay Guarani (PYG) 8,225.91 / euro 6,110.00 / USD Banco Central del Paraguay [10]
Perú Nuevo Sol (PEN) 4.43405 / euro 3.2935 / USD Banco Central de Reserva del Perú [11]
Suriname Suriname dollar (SRD) 3.68214 / euro 2.73500 / USD Centrale Bank van Suriname [12]
Uruguay Uruguayan peso (UYU) 35.8655 / euro 26.6400 / USD Banco Central del Uruguay [13]
Venezuela Venezuelan bolívar (VEB) 2,580.32 / euro 1,916.60 / USD Banco Central de Venezuela [14]

Table correct as of December 4 2004

Reference

Economic sectors

Agriculture

to be completed

Manufacturing

to be completed

Investing and banking

to be completed

Global trade relations

to be completed

Economy by country

Economy of:

See also

Last updated: 10-29-2005 02:13:46