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Latin America's 1,000 largest companies have $4.5 trillion in assets

Staff Writer | August 8, 2016
Latin America's 1,000 largest companies have total assets of $4.5 trillion, about half of Latin America's total GDP of $9.5 trillion in 2015.
Companies in LatAm   Latin Trade LT1000 report
This is according to Latin Trade's new LT1000, which ranks the firms by revenues, assets, net income, gross profits and EBITDA.

A lot of the companies' results show the effects of a slowing regional economy, brought by falling commodity prices and political crises in some cases. But many companies achieved outstanding results despite these conditions.

One of these was Argentine real estate firm Irsa, whose total assets went from $1.08 billion to $10.07 billion in one year.

Another such case was Colombian retailer Grupo Exito, with total assets growing from $4.84 billion to $16.49 billion.