Mexico ranks as the Latin American country with the highest quality of life in the 2026 Best Countries Index developed by WPP in collaboration with the Wharton School of the University of Pennsylvania. Brazil, Latin America’s largest economy, ranks third in the region and 53rd globally, with a score of 17.9. Other Latin American countries ranked by the index include Peru at 62nd globally, with a score of 12.1, and Panama at 66th, with 10.8.