Regional indicators

Aggregated from country-level data with coverage and confidence flags.

Regional GDP

$7.05T

  • Year 2024
  • sum
  • 98% coverage
  • High confidence

Source: WDI, WGI +7

Population

662.19M

  • Year 2024
  • sum
  • 100% coverage
  • High confidence

Source: WDI, WGI +7

Average GDP growth

3.63%

  • Year 2024
  • mean
  • 98% coverage
  • High confidence

Source: WDI, WGI +7

Median inflation

3.43%

  • Year 2024
  • median
  • 86% coverage
  • High confidence

Source: WDI, WGI +7

Average MERI score

46.45

  • Year 2024
  • mean
  • 52% coverage
  • Low confidence

Source: WDI, WGI +7

Regional MERI ranking

2024 scored year. Methodology version 1.0.0.

Regional rankCountryMERI scoreGlobal rankCoverageConfidence
1Chile · High income66.12283%medium
2Uruguay · High income64.12892%high
3Costa Rica · High income59.845100%high
4Barbados · High income58.54883%medium
5Colombia · Upper middle income54.759100%high
6Brazil · Upper middle income54.46083%medium
7Argentina · Upper middle income53.66583%medium
8Peru · Upper middle income52.769100%high
9Mexico · Upper middle income4881100%high
10Jamaica · Upper middle income46.88283%medium
11Paraguay · Upper middle income449083%medium
12Trinidad and Tobago · High income43.69183%medium
13Ecuador · Upper middle income41.89983%medium
14El Salvador · Upper middle income41.210292%high
Display onlySt. Vincent and the Grenadines · Upper middle income57.375%medium
Display onlyDominican Republic · Upper middle income46.175%medium
Display onlyBahamas, The · High income44.775%medium
Display onlySuriname · Upper middle income41.675%medium
Display onlyGuatemala · Upper middle income31.475%medium
Display onlyHonduras · Lower middle income2775%medium
Display onlyBolivia · Lower middle income24.875%medium
Display onlyNicaragua · Lower middle income19.575%medium
Display onlyAntigua and Barbuda · High income42%low
Display onlyAruba · High income33%insufficient
Display onlyBelize · Upper middle income58%low
Display onlyBritish Virgin Islands · High income17%insufficient
Display onlyCayman Islands · High income25%insufficient
Display onlyCuba · Upper middle income67%medium
Display onlyCuracao · High income8%insufficient
Display onlyDominica · Upper middle income50%low
Display onlyGrenada · Upper middle income58%low
Display onlyGuyana · High income67%medium
Display onlyHaiti · Lower middle income58%low
Display onlyPanama · High income67%medium
Display onlyPuerto Rico (US) · High income42%low
Display onlySint Maarten (Dutch part) · High income8%insufficient
Display onlySt. Kitts and Nevis · High income42%low
Display onlySt. Lucia · Upper middle income58%low
Display onlySt. Martin (French part) · High incomeinsufficient
Display onlyTurks and Caicos Islands · High income8%insufficient
Display onlyVenezuela, RB · Not classified67%medium
Display onlyVirgin Islands (U.S.) · High income33%insufficient

MERI score distribution

Average 46.4 · Median 46.4

  • 0–201
  • 20–403
  • 40–6016
  • 60–802
  • 80–1000

Latin America & Caribbean — MERI readiness map

22 regions mapped · Source: B_READY, IMF_WEO

Choropleth mapArgentina · 53.6 · 2024 · Rank 65Chile · 66.1 · 2024 · Rank 22HaitiDominican Rep. · 46.1 · 2024Bahamas · 44.7 · 2024Mexico · 48 · 2024 · Rank 81Uruguay · 64.1 · 2024 · Rank 28Brazil · 54.4 · 2024 · Rank 60Bolivia · 24.8 · 2024Peru · 52.7 · 2024 · Rank 69Colombia · 54.7 · 2024 · Rank 59PanamaCosta Rica · 59.8 · 2024 · Rank 45Nicaragua · 19.5 · 2024Honduras · 27 · 2024El Salvador · 41.2 · 2024 · Rank 102Guatemala · 31.4 · 2024BelizeVenezuelaGuyanaSuriname · 41.6 · 2024Ecuador · 41.8 · 2024 · Rank 99Puerto RicoJamaica · 46.8 · 2024 · Rank 82CubaParaguay · 44 · 2024 · Rank 90Trinidad and Tobago · 43.6 · 2024 · Rank 91
19.528.828.838.238.247.547.556.856.866.1Missing
  • 39 imputed pillar inputs across 22 scores.

Countries in this region

All countries assigned to this World Bank region with their latest MERI status.

CountryIncome groupMERI scoreGlobal rankStatus
ChileHigh income66.122Rank-eligible
UruguayHigh income64.128Rank-eligible
Costa RicaHigh income59.845Rank-eligible
BarbadosHigh income58.548Rank-eligible
ColombiaUpper middle income54.759Rank-eligible
BrazilUpper middle income54.460Rank-eligible
ArgentinaUpper middle income53.665Rank-eligible
PeruUpper middle income52.769Rank-eligible
MexicoUpper middle income4881Rank-eligible
JamaicaUpper middle income46.882Rank-eligible
ParaguayUpper middle income4490Rank-eligible
Trinidad and TobagoHigh income43.691Rank-eligible
EcuadorUpper middle income41.899Rank-eligible
El SalvadorUpper middle income41.2102Rank-eligible
St. Vincent and the GrenadinesUpper middle income57.3Display only
Dominican RepublicUpper middle income46.1Display only
Bahamas, TheHigh income44.7Display only
SurinameUpper middle income41.6Display only
GuatemalaUpper middle income31.4Display only
HondurasLower middle income27Display only
BoliviaLower middle income24.8Display only
NicaraguaLower middle income19.5Display only
Antigua and BarbudaHigh incomeInsufficient data
ArubaHigh incomeInsufficient data
BelizeUpper middle incomeInsufficient data
British Virgin IslandsHigh incomeInsufficient data
Cayman IslandsHigh incomeInsufficient data
CubaUpper middle incomeInsufficient data
CuracaoHigh incomeInsufficient data
DominicaUpper middle incomeInsufficient data
GrenadaUpper middle incomeInsufficient data
GuyanaHigh incomeInsufficient data
HaitiLower middle incomeInsufficient data
PanamaHigh incomeInsufficient data
Puerto Rico (US)High incomeInsufficient data
Sint Maarten (Dutch part)High incomeInsufficient data
St. Kitts and NevisHigh incomeInsufficient data
St. LuciaUpper middle incomeInsufficient data
St. Martin (French part)High incomeInsufficient data
Turks and Caicos IslandsHigh incomeInsufficient data
Venezuela, RBNot classifiedInsufficient data
Virgin Islands (U.S.)High incomeInsufficient data

Sources and limitations

Provenance and known coverage gaps for this region.

  • MERI data is available for 22 of 42 countries in Latin America & Caribbean.

Sources