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Venezuela becomes the least-globalized country in Latin America.


Mexico and Colombia are among a handful of Latin American countries that have become more globalized, according to the sixth annual Latin Globalization Index from Latin Business Chronicle.

The index of 18 countries looks at six factors that measure a countrys links with the outside world:

  • Exports of goods and services as a percent of GDP.
  • Imports of goods and services as a percent of GDP.
  • Foreign direct investment as a percent of GDP.
  • Tourism receipts as a percent of GDP.
  • Remittances as a percent of GDP.
  • Internet penetration.

The index uses data for the most recent full year, which in this case is 2009, from The World Bank, the United Nations Economic Commission for Latin America and the Caribbean, the International Monetary Fund, the International Telecommunications Union and the Santiago Chamber of Commerce.


Latin Globalization Index 2010 shows that Brazil...


Latin Globalization Index 2010

Winners & Losers
Country Score by Category


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