What country in South America has the best standard of living?

Chile
General Information: Chile remains the country with the highest standard of living in Latin America, according to the report of the Human Development Index (HDI) released Wednesday by the United Nations.

Is there a difference between Latin America and South America?

South America is bounded by the Caribbean Sea to the northwest and north, the Atlantic Ocean to the northeast, east, and southeast, and the Pacific Ocean to the west. Latin America also includes the islands of the Caribbean whose inhabitants speak a Romance language (see List of countries in Latin America).

What is the most advanced country in South America?

Chile is the most developed country in South America. In 2010, Chile joined the OECD. Their GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed. Chile’s life expectancy is 75, and the infant mortality rate is low.

Which South American country has the lowest standard of living?

The rate of absolute poverty in Uruguay, measured as part of the UN Human Development Index, was 3.0\% in 2009, and was the lowest in Latin America.

Where is the best place to live in Latin America?

According to Mercer, the ten Latin American cities with the best quality of life are:

1. Montevideo, Uruguay (77) Save this picture!
2. Buenos Aires, Argentina (91)
3. Santiago, Chile (92)
4. San Juan, Puerto Rico (96)
5. Panama City, Panama (97)
6. Brasilia, Brazil (108)
7. Monterrey, Mexico (112)
8. San José, Costa Rica (113)

Does South America have a good economy?

Increased retail trade and industrial production in Brazil has led to expansion of its economy by 1\% in 2017….Economy of South America.