Which Countries are members of the Mercosur, and which ones are just observants?
Comprising Argentina, Paraguay, Uruguay and Brazil, the Southern Common Market – MERCOSUR represents a total population of 190 million individuals, living in an area larger than the total surface of the european continent, covering more than 12 million square kilometers. In 1993, the total Gross Domestic Products (GDP) of these four nations was approximately US$ 715 billion. Brazil has a territory of 8.5 million square kilometers and 155 million inhabitants, as well as the largest economy within MERCOSUR. Argentina, the second largest MERCOSUR nation, has 2.8 million square kilometers in area. The Argentine economy has been one of the fastest growing in the last few years. Paraguay, with 406 thousand square kilometers and a population of 4.6 million, has a growing economy. Uruguay in turn has the smallest population, calculated at some 3.1 million inhabitants, and the smallest territory in MERCOSUR – 177 thousand square kilometers.
