5 Most Expensive Countries in Latin America

In this article we are going to list the 5 most expensive countries in Latin America. For a detailed coverage of this topic and a more comprehensive list please take a look at the 20 most expensive countries in Latin America.

5. Belize

Real GDP / GDP by PPP ratio: 0.65

5 year GDP growth rate: 15.8%

Belize is a small country where most goods have to be imported from other nations which raises the cost of products significantly. The country has posted a strong growth rate, among the highest growth rates when compared to the other most expensive countries in Latin America.