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Mercosur Countries by Nominal GDP
listGDP 2025 USD bn
Brazil2125.958
Argentina683.533
Venezuela108.511
Uruguay79.731
Paraguay45.465

GDP Rankings PPP (current international dollar bn)

listPPP GDP 2025 (current int. dollar bn)
Brazil4958.122
Argentina1493.423
Venezuela223.984
Paraguay136.442
Uruguay130.209

GDP Rankings (PPP) share of world total Percent

listPPP GDP 2025 Share in World Total Pct
Brazil2.397
Argentina0.722
Venezuela0.108
Paraguay0.066
Uruguay0.063

GDP Rankings per capita nominal USD

listGDP Per Capita USD
Uruguay22693.039
Argentina14362.247
Brazil9964.100
Paraguay6521.508
Venezuela4068.087

GDP Rankings Average per capita PPP

listGDP Per Capita PPP (current int. dollar)
Uruguay31760.016
Argentina26891.861
Brazil19914.779
Paraguay16772.384
Venezuela7196.279

Population Rankings

listCombined Population mln
Brazil213.362
Argentina47.592
Venezuela26.674
Paraguay6.972
Uruguay3.513

Debt vs. GDP Rankings (Avg)

listGeneral government gross debt Percent of GDP
Brazil92.041
Argentina73.091
Uruguay68.529
Paraguay43.906
Venezuela

Mercosur

  • As of early May 2026, Mercosur negotiations focus on deepening economic integration and trade liberalization among member states Brazil, Argentina, Paraguay, and Uruguay. Recent efforts emphasize modernization of trade protocols and alignment with emerging global trade standards, driven by Brazil's proactive trade policy and regional growth needs. However, internal political divergences and protectionist pressures risk delaying treaty ratifications and external trade agreements, posing constraints to Mercosur’s expansion and investment appeal.
  • Mercosur leaders advance trade integration roadmap
  • Brazil highlights Mercosur reforms at April 2026 Summit
  • IMF Regional Report: Mercosur Economic Outlook, Q1 2026
  • Trade tensions within Mercosur members risk policy delays
  • Uruguay seeks greater market access within Mercosur framework
  • The latest Mercosur meeting in March 2026 focused on deepening intra-block trade integration and accelerating negotiations on an updated trade framework with the European Union, driven by external economic uncertainties and regional protectionism pressures. Key discussions involved harmonizing regulatory standards and exploring new digital trade protocols. However, political divergence among member states on economic reforms continues to pose risks to cohesive policy implementation and timely consensus on external trade agreements.
  • Mercosur Summit Communiqué March 2026
  • Latest Update on Mercosur-EU Trade Talks, March 2026
  • Mercosur Meeting Highlights Regional Integration Challenges, March 2026
  • Official Statement by Mercosur Chair on Policy Priorities, March 2026
  • As of early May 2026, Mercosur negotiations remain in a cautious phase, with recent efforts focused on reintegration and modernization of the bloc's trade agenda driven largely by Brazil and Argentina seeking to revive stalled deals with key partners such as the EU and Asian economies. The main challenge continues to be divergent political priorities and protectionist pressures within member states, risking delays in protocol ratifications and limiting progress on tariff harmonization. Uncertainty around the upcoming presidential elections in Brazil poses an additional constraint to momentum in negotiations.
  • Mercosur summit discussion highlights reintegration efforts
  • Argentina and Brazil push Mercosur trade dialogue forward
  • EU-Mercosur trade talks stall amid political uncertainty
  • Mercosur faces internal protectionism risks, analysts warn
  • As of early May 2026, Mercosur countries are focusing on deepening trade integration and expanding external trade agreements to diversify partners beyond traditional markets. Brazil’s recent policy adjustments to enhance export competitiveness have accelerated this push. However, internal political divergences and differing economic priorities among member states (Argentina, Brazil, Paraguay, and Uruguay) continue to pose constraints on unified external trade policy implementation, risking delays or watered-down agreements.
  • Mercosur advances trade integration amid internal political challenges - May 2026
  • Brazil
    Argentina
    Venezuela
    Paraguay
    Uruguay

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    GDP Rankings per capita nominal USD

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    GDP Rankings Average per capita PPP

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    GDP Growth Rankings %

    list2025 GDP Growth
    Argentina5.502
    Paraguay3.800
    Uruguay2.844
    Brazil2.010
    Venezuela-4.000

    Investment to GDP

    listInvestment levels to GDP
    Paraguay22.214
    Brazil16.763
    Uruguay15.279
    Argentina13.479
    Venezuela

    Budget Balance/GDP

    listBudget Balance/GDP
    Argentina1.256
    Venezuela
    Paraguay-1.564
    Uruguay-2.982
    Brazil-8.857

    Average Current Account Balance/GDP

    listCurrent Account Balance/GDP
    Venezuela-0.067
    Argentina-0.391
    Uruguay-1.457
    Brazil-2.288
    Paraguay-2.356