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Mercosur

South American economic agreementSpanish (left) and Portuguese (right) flag of MercosurMotto: "Our north is the South" Member states Associated states Suspended memberHeadquarters and capital cityMontevideoLargest citySão PauloRecognized languagesPortugueseSpanishGuaraniTypeIntergovernmental organization and customs unionMembership5 membersArgentinaBoliviaBrazilParaguayUruguay1 suspendedVenezuela7 associatedChileColombiaEcuadorGuyanaPanamaPeruSurinameLeaders• President pro temporeYamandú Orsi• President of Parlasur Arlindo ChinagliaLegislatureParlasurFormation• Iguaçu Declaration 30 November 1985• Buenos Aires Act 6 July 1990• Treaty of Asunción26 March 1991• Protocol of Ouro Preto16 December 1994Area• Total14,869,775 km (5,741,252 sq mi)• Water (%)1.0Population• 2024 estimate 295,007,000• Density23/km (59.6/sq mi)GDP (PPP)2024 estimate• TotalUS$6.681 trillion• Per capita US$23,259GDP (nominal)2022 estimate• Total US$2.638 trillion• Per capita US$9,643HDI (2023) 0.800very highCurrency5 currencies (ARS) Peso (BOB) Boliviano (BRL) Real (PYG) Guaraní (UYU) PesoTime zoneUTC-2 to UTC-5Date formatdd/mm/yyyy (CE)Websitewww.mercosur.intThe Southern Common Market (commonly known by abbreviations Mercosur in Spanish and Mercosul in Portuguese) is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994.

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