The four Latin American countries are all ranked in the last quarter percentile of National Intellectual Capital Indices for 40 countries (NICI40) except for Chile. Argentina, Brazil, Chile, and Mexico ranked number 38, 37, 28, and 35, respectively. Chile is particularly strong in market capital (ranked #6) and has a comparatively higher score in process capital (ranked #25) than in its overall IC ranking #28. However, Chile’s market capital strength did not transfer to financial capital (ranked #30). Brazil finds itself in a similar situation; its comparatively high market capital (ranked #33) did not transfer in equivalent strength to financial capital (ranked #35). On the contrary, Argentina lagged behind in market capital and process capital (ranked #40 and #40, respectively), yet its financial capital ranked #32.