Economy of South America

The Economy of South America contributes to 6% of the world's population. South America has a rapidly developing economy. With many industries and a flourishing trade and import-export market.
South America is experiencing a great economic development, with Venezuela, Colombia, Argentina, Uruguay and Peru growing their economies by more than 8% p.a. Brazil's economy, which is the 7th largest in the world and the 2nd largest in the Americas, on the other hand, is expected to grow by a more bearish pace in the upcoming future.

South American Economy relies heavily on the exports of commodities.

Main Economies of South America

Listed here some of the main Economies of Continent South America:

• Argentina
• Brazil
• Chile
• Ecuador
• Guyana
• Peru
• Venezuela