Australia vs Latin America & Caribbean: GNI, PPP
GNI, PPP over time
- Australia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 15.33 trillion current international $ against 1.93 trillion current international $ in Australia, a difference of 13.40 trillion current international $.
That makes Latin America & Caribbean's figure about 7.9 times Australia's.
Across all 36 years both countries report, Latin America & Caribbean has been ahead every year.
Australia ranks 20th and Latin America & Caribbean ranks 23rd of 203 countries.
Latin America & Caribbean has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 364.24 billion current international $ | 3.47 trillion current international $ | 3.11 trillion current international $ | Latin America & Caribbean |
| 2000s | 642.85 billion current international $ | 5.67 trillion current international $ | 5.02 trillion current international $ | Latin America & Caribbean |
| 2010s | 1.07 trillion current international $ | 9.22 trillion current international $ | 8.15 trillion current international $ | Latin America & Caribbean |
| 2020s | 1.69 trillion current international $ | 13.23 trillion current international $ | 11.53 trillion current international $ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Australia or Latin America & Caribbean?
- Latin America & Caribbean, at 15.33 trillion current international $ against 1.93 trillion current international $ in Australia as of 2025.
- What is the difference in gni, ppp between Australia and Latin America & Caribbean?
- 13.40 trillion current international $, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Latin America & Caribbean rank globally for gni, ppp?
- Australia ranks 20th and Latin America & Caribbean ranks 23rd of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (current 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 current 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.