Latin America and the Caribbean represent 7.3% of global GDP

The International Comparison Program (ICP), in which the Economic Commission for Latin America and the Caribbean (ECLAC) participates, today published the new Purchasing Power Parities (PPP) for the 2021 cycle. According to the results of the 2021 cycle, Latin America and the Caribbean represent 7.3% of global Gross Domestic Product (GDP) and 8% of the world's population. This report is based on data collected during the 2021 cycle, in collaboration with the Economic Commission for Latin America and the Caribbean (ECLAC). The results show that the size of the world economy was almost 152.4 tri…