Between July 1st and September 30th, combined revenues at Exxon Mobil (XOM), ConocoPhillips (COP) and Chevron (CVX) were U$288Bn.
Between July 1st and September 30th, the estimated* combined GDPs of Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela were U$278.7Bn.
Three oil companies generate more wealth than all of Spanish speaking South America. (i.e. the bit without Brazil). To be honest I don't know whether it's good or bad or whatever, but it does give some context. Interesting factoid, no?
Between July 1st and September 30th, the estimated* combined GDPs of Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela were U$278.7Bn.
Three oil companies generate more wealth than all of Spanish speaking South America. (i.e. the bit without Brazil). To be honest I don't know whether it's good or bad or whatever, but it does give some context. Interesting factoid, no?
| 3q08 Estimated GDPs (U$Bn) | |
| Argentina | 70.2 |
| Venezuela | 63.8 |
| Colombia | 46.3 |
| Chile | 44.2 |
| Peru | 29.4 |
| Ecuador | 11.9 |
| Uruguay | 6.2 |
| Bolivia | 3.6 |
| Paraguay | 2.9 |
| Total | 278.7 |
| 3q08 Oil Co. Revs (U$Bn) | |
| CVX | 78.9 |
| XOM | 137.7 |
| COP | 71.4 |
| Total | 288.0 |
*Calculated by taking the IMF official GDP numbers for 2007 (exchange rate) and adding a blanket 8% for average regional growth. This blanket admittedly underestimates some countries (e.g. Peru, Argentina) but overestimates others (e.g. Chile, Ecuador)