Gross Domestic Product, GDP in millions constant 2021 international $ in South America
South America: Gross Domestic Product, GDP in millions constant 2021 international $ was 9.17 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in South America, 1991–2027
Source: International Labour Organization.
Analysis
South America recorded 9.17 million for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 2.7% on the previous year and up 15.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in South America peaked at 9.17 million in 2027 and was at its lowest, 4.01 million, in 1991.
South America ranks 44th of 87 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in South America, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 4.01 million | — |
| 1992 | 4.12 million | +2.9% |
| 1993 | 4.32 million | +4.7% |
| 1994 | 4.52 million | +4.7% |
| 1995 | 4.67 million | +3.3% |
| 1996 | 4.80 million | +2.7% |
| 1997 | 5.04 million | +5.0% |
| 1998 | 5.10 million | +1.3% |
| 1999 | 5.01 million | -1.7% |
| 2000 | 5.17 million | +3.0% |
| 2001 | 5.21 million | +0.8% |
| 2002 | 5.17 million | -0.8% |
| 2003 | 5.25 million | +1.7% |
| 2004 | 5.66 million | +7.7% |
| 2005 | 5.97 million | +5.5% |
| 2006 | 6.32 million | +5.9% |
| 2007 | 6.76 million | +6.9% |
| 2008 | 7.09 million | +5.0% |
| 2009 | 7.00 million | -1.3% |
| 2010 | 7.44 million | +6.3% |
| 2011 | 7.81 million | +4.9% |
| 2012 | 8.02 million | +2.7% |
| 2013 | 8.28 million | +3.3% |
| 2014 | 8.30 million | +0.2% |
| 2015 | 8.18 million | -1.4% |
| 2016 | 7.92 million | -3.2% |
| 2017 | 7.93 million | +0.1% |
| 2018 | 7.91 million | -0.4% |
| 2019 | 7.82 million | -1.1% |
| 2020 | 7.27 million | -7.0% |
| 2021 | 7.80 million | +7.3% |
| 2022 | 8.14 million | +4.3% |
| 2023 | 8.29 million | +1.8% |
| 2024 | 8.49 million | +2.5% |
| 2025 | 8.73 million | +2.8% |
| 2026 | 8.93 million | +2.3% |
| 2027 | 9.17 million | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.62 million | 4.01 million | 5.10 million | 9 |
| 2000s | 5.96 million | 5.17 million | 7.09 million | 10 |
| 2010s | 7.96 million | 7.44 million | 8.30 million | 10 |
| 2020s | 8.35 million | 7.27 million | 9.17 million | 8 |
Countries ranked near South America
More economy & growth data for South America
- GDP Deflator — Value US$, 2015 prices 110.65 USD (2024)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.12 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 110.42 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in South America?
- Gross domestic product, gdp in millions constant 2021 international $ in South America was 9.17 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in South America?
- The highest recorded value was 9.17 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in South America?
- The lowest recorded value was 4.01 million in 1991.
- How does South America rank for gross domestic product, gdp in millions constant 2021 international $?
- South America ranks 44th out of 87 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in South America?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is rising.
- Where does this South America data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.