Top-5 Richest Countries in South America in 2025, Check the List

South America is a continent full of natural beauty, cultural diversity, and valuable resources. While many countries here have growing economies, a few stand out for their high income and strong industries. From farming and mining to tourism and manufacturing, these nations have built stable economies that make them the richest in the region and important players in global trade.

Richest Country in South America

In 2025, Guyana became the richest country in South America based on GDP per capita (PPP), reaching over $94,000 per person. This sudden rise is due to massive offshore oil discoveries made in 2015, which transformed its economy. While this boom brings great opportunities, it also presents challenges, such as diversifying the economy and ensuring the new wealth benefits all citizens equally.

How Guyana’s Economy Changed Overnight?

Before 2015, Guyana’s GDP per capita was among the lowest in South America. Everything changed when huge offshore oil reserves were found. Since then, the country’s economy has grown at an incredible speed, and in 2025, it is projected to grow by around 19%, one of the fastest growth rates in the world.

Challenges with Sudden Wealth

While the oil boom has made Guyana wealthy on paper, it also brings serious challenges:

  • Ensuring wealth is shared fairly among citizens.
  • Diversifying the economy so it doesn’t rely only on oil.
  • Managing inflation and the rising cost of living.

If these issues are not handled well, the benefits of the oil discovery may not reach everyone.

GDP vs. GDP Per Capita

It’s important to understand the two main economic measures:

  • GDP – The total value of all goods and services a country produces. This shows the overall size of an economy.
  • GDP Per Capita (PPP) – The GDP divided by the number of people, adjusted for cost of living. This shows the average wealth of a person in that country.

A country can have a high total GDP (like Brazil) but still have lower GDP per capita if its wealth is spread over a large population.

Top-5 Richest Countries in South America in 2025

South America is home to countries with vast natural resources, strong industries, and growing economies. In 2025, a few nations stand out for their high income and wealth, driven by sectors like oil, mining, agriculture, and trade, making them the richest in the region.Rank

Here is the list of top-5 richest countries in South America:

Rank Country 2025 GDP Per Capita
1. Guyana $94,258
2. Uruguay $37,060
3. Chile $35,146
4. Argentina $31,379
5. Brazil $23,238
Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.

Recent Posts

Putin Receives Grand Ceremonial Welcome at Rashtrapati Bhavan During India Visit

Russian President Vladimir Putin’s 2025 state visit to India marked a major diplomatic milestone, reviving…

2 mins ago

MEITY & MEA Enable Paperless Passport Verification via DigiLocker

In a major boost to Digital India, the Ministry of Electronics and Information Technology (MEITY)…

42 mins ago

Meet the World’s Youngest Self-Made Woman Billionaire Luana Lopes Lara

In an age where technology and finance intersect at lightning speed, Luana Lopes Lara, a…

1 hour ago

Australia’s Victoria University to Open First India Campus in Gurugram by 2026

In a significant development for higher education in India, Victoria University (VU) from Australia is…

1 hour ago

Which Lake is known as the Lake of Tears? Know the Name

Many lakes around the world are known by special names because of their stories, beauty,…

2 hours ago

RBI Monetary Policy December 2025: Why India Cut Rates and What It Means for the Economy

Under Section 45ZL of the Reserve Bank of India Act, 1934, every quarter, India’s Monetary…

2 hours ago