The Latin American version of the Global Opportunity Index 2025 (GOI) once again ranked Chile as the most attractive country for foreign direct investment. None of the four main economies in the region (Brazil, Mexico, Argentina or Colombia) even appear in the top 3. In fact, Argentina, the third largest economy in the region, appears from the middle of the table to the bottom.
The top positions in this ranking, prepared by the Milken Institute, are occupied by:
1. Chile (fifth largest economy in Latin America) 2.
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Uruguay
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Costa Rica
Among the large regional economies, the best placed is Mexico, which appears in 4th place, while Brazil, the regional giant, appears only in 7th place.
This index measures the relative investment potential of countries by considering key business, regulatory and legal policies that influence foreign capital flows.
One fact to bear in mind is that the GOI 2025 report is based on data from 2023, the most recent available at the time of its preparation. This data may be decisive for the Argentine case due to the departure of a center-left government (Alberto Fernández) and the arrival of a president with a pro-market outlook (Javier Milei).
How do Latin American countries rank in terms of investment opportunities?
This is how the countries rank, from best to worst, in the 2025 investment opportunities ranking, taking into account the Latin American and Caribbean nations. The rankings range from 1 (most attractive investment conditions) to 116 (least attractive investment conditions).