Latin America · #23 of 32 curated markets · IEPA 2024 (final) · 2026 current estimate available
44.5▲ +0.6 YoY
●●●0.86IEPA COMPOSITE
SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
IEPA TRAJECTORY · 2010–2026
CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
IE FDI intelligence · synced weekly
PRODUCTIVE CAPABILITY
IE COMPLEXITY LAYER · VINTAGE 2024
#68of 145 ranked economies▼ 7 places since 2010
How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
CAPABILITY RANK · HIGHER IS BETTER
2.42% / yr
Implied growth
Annual growth the current capability base points to.
162
Diversity
Distinct products made at competitive scale.
+0.23
Capability score
Standardized: 0 is the world average.
+0.03
Outlook
Value of the new products within reach of what it already does.
INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
VINTAGE 2022-2024
POSITION IN THE PRODUCT SPACE
IE COMPLEXITY LAYER · VINTAGE 2024
Minerals13 of 48 made · 66% of the rest within reach
Construction, Building, and Home Supplies22 of 104 made · 63% of the rest within reach
Agriculture30 of 200 made · 42% of the rest within reach
Textile and Home Goods9 of 78 made · 45% of the rest within reach
Industrial Chemicals and Metals15 of 157 made · 32% of the rest within reach
Textile Apparel and Accessories4 of 50 made · 33% of the rest within reach
Metalworking and Electrical Machinery and Parts11 of 155 made · 28% of the rest within reach
Electronic and Electrical Goods1 of 73 made · 8% of the rest within reach
MADE COMPETITIVELYONE STEP AWAY
Widest opening is Construction, Building, and Home Supplies. This market makes 21% of that cluster today, and 63% of what it does not make sits one step from something it already does.
Electronic and Electrical Goods is the furthest: 1% made, and only 8% of the rest is within one step. A move there means building capability rather than extending it.
READ ON THE 105 OF 162 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
POSITIONED TO BUILD NEXT
IE COMPLEXITY LAYER · VINTAGE 2024
Food preparations n.e.c.$56B world market
Agrifood & FisheriesOPENS 0.15 · COMPLEXITY -0.11
Ice cream$6B world market
Agrifood & FisheriesOPENS 0.09 · COMPLEXITY +0.13
Animal feed$43B world market
Agrifood & FisheriesOPENS 0.08 · COMPLEXITY -0.45
Fermented milk products$5B world market
Agrifood & FisheriesOPENS 0.06 · COMPLEXITY -0.33
THE NEAREST OPTIONS AMONG 409 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
565organizations indexed across 12 types · 485 mapped
Universities & research bodies
237
Research organizations
97
Health research
46
Government bodies
34
Incubators
28
Fab labs & makerspaces
26
Corporate R&D
25
Science & tech parks
23
SEZ authorities
22
Innovation hubs
22
Venture studios
3
Accelerators
2
Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
ORGANIZATIONS
a sample of 565 indexed
ACELERADORA EMPRESARIAL SAS
Accelerators · Medellin Para Antioquia
CORPORACION ACELERADORA TECNOLOGICA DE EMPRESAS EN LIQUIDACION