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Highest GDP In South America (Nominal)
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Who's Got The South American Wealth?
Top 10 South American Countries - Highest Nominal GDP
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The figures below are for 'nominal' Gross Domestic Product (GDP), which measures the market value of all goods and services from an entire nation in a given year. We have chose to include both the International Monetary Fund's (IMF) estimates along with those from the World Bank, and the variations in the two sets of figures can be explained by different testing criteria and techniques by the World's two 'most trusted' financial institutions.
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Data released by the International Monetary Fund (IMF) - April.01.2009 - Next data release April.01.2010
Data released by the World Bank - July.01.2009 - Next data release July.01.2010
References
Who's Got The South American Wealth?

Brazil has become one of the leading economies in the World, making it to number ten in the World GDP chart. As a member of the BRIC (Brazil, Russia, India, China) emerging powers, it's economy is expected to continue to grow, and to possibly dominate Latin America even more in the future. Being the fifth most populous country in the World, Brazil has used it's giant workforce to fuel large-scale expansion of it's agricultural, mining, manufacturing and service sectors. It's main exports include aircraft, automobiles, coffee, corned beef, electrical equipment, ethanol, footwear, iron ore, orange juice, soybean, steel and textiles. Whilst the gap between rich and poor on the South American continent remains higher than in most other regions of the World, this is closing in recent years, mostly fuelled by exports of natural resources and manufactured goods, with Brazil, Chile and Argentina leading the way exporting a combined US$250bn annually.

Top 10 South American Countries With The Highest Nominal GDP
Country
International Monetary Fund (IMF) - $US [1]
World Bank - $US [2]
1
Brazil
1,572,839,000,000
1,612,539,000,000
2
Argentina
324,767,000,000
328,385,000,000
3
Venezuela
319,443,000,000
313,799,000,000
4
Colombia
240,832,000,000
242,268,000,000
5
Chile
169,458,000,000
169,458,000,000
6
Peru
127,462,000,000
127,434,000,000
7
Ecuador
52,572,000,000
52,572,000,000
8
Uruguay
32,262,000,000
32,186,000,000
9
Bolivia
17,413,000,000
16,674,000,000
10
Paraguay
16,006,000,000
15,977,000,000
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References
[1] "World Economic Outlook Database, October 2009" These are the latest figures to be released by the International Monetary Fund (IMF) as of the 1st of October 2009, and are based on the total GDP for each country for the whole of 2008.
[2] "World Bank Gross Domestic Product Figures For 2008" These are the latest available figures which were released by the World Bank as of the 1st of October 2009, and are based on the total GDP for each country for the whole of 2008.
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