📊 Tax Havens, Uruguayan Wine, and Peace in LatAm

Welcome to Latinometrics. We bring you Latin American insights and trends through concise, thought-provoking data visualizations.

Thank you to the 253 new subscribers who have joined us since last week!

Today's charts:

1. Panama’s banking industry — the Singapore, Switzerland, and USA of Latin America 🏦

2. Decoding Latin America's waning peace 🕊️

3. Uruguay: Small land, big wine—discover Latin America's best kept secret 🍷

Make sure you check out the comment of the week at the bottom!

Banking 🏦

Let us take you on a tour of Singapore, Switzerland, and the United States. Except that, this tour will take place in Latin America? No, we haven't gone insane; let us convince you why Panama is a combination of all 3, at least as far as its banking system is concerned. The country's combined credit balance by financial institutions amounts to almost $20K per capita, exceeding even Uruguay's number twice over.