| South America (US$ billions in 2023) |
Brazil is the top country by expenditure among 12 countries. As of 2023, expenditure in Brazil was 127.73 US$ billions that accounts for 48.47% of total expenditure. The top 5 countries (others are Argentina, Chile, Peru, and Colombia) account for 89.57% of it. The total expenditure was estimated at 263.53 US$ billions in 2023.
The description is composed by our digital data assistant.| Brazil | 127.73 | WTTC |
| Argentina | 34.42 | WTTC |
| Chile | 30.93 | WTTC |
| Peru | 22.47 | WTTC |
| Colombia | 20.49 | WTTC |
| Uruguay | 9.19 | WTTC |
| Venezuela (Bolivarian Republic of) | 7.72 | WTTC |
| Ecuador | 5.45 | WTTC |
| Bolivia | 3.01 | WTTC |
| Paraguay | 1.62 | WTTC |
| Guyana | 0.31 | WTTC |
| Suriname | 0.18 | WTTC |
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