Mexico GDP as 2021 (World Bank): 1.274,3 Billion USD Brazil GDP as 2021 (World Bank): 1.497,5 Billion USD The Answer is Brazil.
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Actually Brazil is at 8th eighth in the Mundial Ranking Position.
Brazil
Brazil's GDP is 2.253 trillion USD. It currently ranks 7th in the world, directly behind the UK and directly before Italy.
It is a free market and Brazil has the 6th largest GDP in the world.
Brazil has a higher GDP than Mexico, but Mexico has a higher GDP per capita than Brazil, which is what matters. Mexico also has a lower inequality index than Brazil. But Argentina has better stats than Mexico or Brazil. For more info look up "GDP per capita by country" and "Gini index by country" in Wikipedia
7o. Brasil 2 181 677.
Brazil & Argentina
The latest estimated data on the GNP of Brazil is better translated into GDP. This figure is a 2012 number of $11,700. The GNP is estimated at a figure over $700 billion.
When looking at the GDP (gross domestic product) you can tell the resources of the economy. When looking at the list of nations Italy comes in at #7 while Brazil is at #8. However Brazil is one of the fastest growing nation, in terms of economic growth, on the planet so it is likely that Brazil will overtake Italy within a few years. Answer: No