What is the best country to live in Latin America?

There are many rankings that classify countries based on the size of their economy, freedom to do business or to create a business.

Also others, such as the one prepared by the Organization for Economic Co-operation and Development (OECD), which measure quality of life.

The publication US News & World Report draws up various rankings: one of these establishes what they are best countries according to a statistical study covering 87 nations. Most are in Europe (the first is Switzerland and the third is Sweden), although Canada is in second place.

The first country of Latin America It only appears in 28th place. Taking into account that the criteria can always be debatable, the list of criteria is detailed here. top ten countries in the region.

What is the best country to live in Latin America?

The publication makes clear that “beyond the essential ideas of broad access to food, housing, education, health and employment, quality of life it also includes intangible issues such as job security, political stability, individual freedom and environmental quality”.

According to the ranking published by Us News, the South American giant, Brazil, occupies first place in the Latin American rankings and 28th place worldwide. This despite high levels of poverty and inequality, which, according to the IMF, is contrasted with the rapid economic growth that has occurred during this century. Corruption is another problem plaguing the country.

In the area Mexico follows (33 worldwide). Even as violence linked to drug cartels breaks all records and has the highest rate of kidnappings in the world, it faces a number of challenges such as “low wages, income inequality and lack of employment opportunities for the indigenous population”.

It might surprise you that the Argentina keep yours third place in Latin America (ranked 39th globally). The report highlights this high level of literacy and relative equality of opportunities for men and women, while admitting that gender violence is on the rise. Another element to consider: the cultural heritage of our country.

Coinciding with the other rankings, it is followed by Costa Rica, a country that maintains stability amidst a conflictual “neighborhood” and ranks 42nd globally. The report highlights that “periods of strong economic growth have not resolved persistent problems of poverty and inequality.”

Despite the current political instability, Peru It occupies 50th place in the world rankings. The report highlights this “exponential” economic growth., but also which, together with Colombia, is one of the largest exporters of cocaine. And although it has reduced poverty, it still reaches 30% of the population.

“Compared to the rest of Latin America, kilos (51st globally) has good human development and income indices“says the site. It adds that “international institutions advise reducing poverty and highlight inequalities that, for example, harm access to quality education.”

Panama It is the second Latin American country in this ranking, where it occupies 52nd place globally. The report states that “the economy, based on the dollar, is driven, to a large extent, by services linked to the Panama Canal and the Colón Free Zone, in addition to services poor regulation of banking activities”.

THE Dominican Republic (53rd in the world), defined by the World Bank as “an open market economy, dominated by tourism and finance”, has done great things progress in poverty reduction, but is vulnerable to natural disasters. Improving the quality of public services is an unfinished task.

Uruguay, a favorite destination for emigration for many Argentines, is in 57th place in the site’s global ranking. “One of the few South American countries with a good rating of your investment bonds“Uruguay has remained afloat despite the crises of its neighbors,” the publication emphasizes. Moreover, in 2005, it was the first in the region to start exporting software.

One of the largest economies in South America, according to the IMF, Colombia (60th in the world ranking) stands out for its natural resources and because it accepted peace with the FARC guerrillas. However, drug trafficking remains a problem to be solved, despite having made some progress in recent years.