5 Most Advanced Countries in Latin America

This article presents an overview of the 5 Most Advanced Countries in Latin America. For a detailed overview of the 12 Most Advanced Countries in Latin America with insights into HDI and GII, read our article 12 Most Advanced Countries in Latin America.

Federal Republic of Brazil

Human Development Index: 0.754

Brazil is home to some of the planet’s most beautiful beaches and hidden gems. But it is not just a tourist destination – Brazil is also a primary commercial market and a hub for information technology and telecommunications. With a population of over 216 million people, Brazil has a large and growing consumer base. This has led to a booming e-commerce market, which will grow 8.2% in 2022. This growth is driven by the increasing popularity of smartphones and mobile internet access. With a population of over 213 million people, Brazil has a large and growing consumer base. This has led to a booming e-commerce market, expected to grow 8.2% in 2022. This growth is driven by the increasing popularity of smartphones and mobile internet access.