6) Chile – GDP: $335.579 Billion
Chile has a high-income economy. The nation is one of the most stable and prosperous nations in the region. Chile was the first South American nation to join the OECD. Unfortunately the nation is plagued by high economic inequality.
5) Colombia – GDP: $387.692 Billion
Colombia urbanized rapidly in the 20th century. The nation has a mixed economy with major commercial and investment ties to the US. In spite of the serious armed conflict, the nation continues to grow due to focused efforts to reduce public debt levels and austere government budgets.
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