The following graphs show the per-capita GDP of Venezuela and other Latin American economies relative to the per-capita GDP of the United States of America over the last century. The data are adjusted for inflation and for Purchasing Power Parity (PPP).
A few graphs of Venezuela and selected Latin American countries, one at a time. All series show the real per capita GDP of the countries relative the United States of America.
The following graph shows the one-hundred year evolution of the real per capita GDP of Venezuela and the seven largest Latin America economies relative to the United States of America, after adjusting for Purchasing Power Parity. The seven largest Latin American economies according to total GDP are: Brazil, Mexico, Argentina, Colombia, Chile, Peru, and Ecuador. The ranking of the largest LA countries is almost the same when ranked by population size, with the exception of Peru, Chile, and Venezuela. While Peru is larger than Chile in terms of population (32 million vs 19 million), the total GDP of Chile is more than 20 percent larger than that of Peru, and the per capita GDP of Chile is more than double that of Peru. While Venezuela’s population is comparable to that of Peru, its per capita GDP has declined to less than 2 percent of that of the U.S. in 2019.