Latin America & Caribbean vs Spain: GNI, PPP
GNI, PPP over time
- Latin America & Caribbean
- Spain
How they compare
Latin America & Caribbean currently reports 13.28 trillion constant 2021 international $ against 2.37 trillion constant 2021 international $ in Spain, a difference of 10.91 trillion constant 2021 international $.
That makes Latin America & Caribbean's figure about 5.6 times Spain's.
Across all 35 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 14th and Spain ranks 13th of 25 groups.
Latin America & Caribbean has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.09 trillion constant 2021 international $ | 1.31 trillion constant 2021 international $ | 4.77 trillion constant 2021 international $ | Latin America & Caribbean |
| 2000s | 8.15 trillion constant 2021 international $ | 1.84 trillion constant 2021 international $ | 6.31 trillion constant 2021 international $ | Latin America & Caribbean |
| 2010s | 11.05 trillion constant 2021 international $ | 2.01 trillion constant 2021 international $ | 9.04 trillion constant 2021 international $ | Latin America & Caribbean |
| 2020s | 12.11 trillion constant 2021 international $ | 2.19 trillion constant 2021 international $ | 9.93 trillion constant 2021 international $ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Latin America & Caribbean or Spain?
- Latin America & Caribbean, at 13.28 trillion constant 2021 international $ against 2.37 trillion constant 2021 international $ in Spain as of 2025.
- What is the difference in gni, ppp between Latin America & Caribbean and Spain?
- 10.91 trillion constant 2021 international $, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Spain?
- 35 years are reported by both, from 1990 to 2024.
- How do Latin America & Caribbean and Spain rank globally for gni, ppp?
- Latin America & Caribbean ranks 14th and Spain ranks 13th of 25 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.