Peru and Guyana are the latest Latin American countries to recognize Palestine as a sovereign State. The Peru's recognition comes amid the preparation of the South American Arab Summit, which will be held in February; Guyana's recognition represents, instead, a continuation of the long-standing and unwavering solidarity with the Palestinian leadership. Guyana is a member of the UN Committee on the Exercise of the Inalienable Rights of the Palestinian People and – after its independence – has aligned in the past with Algeria, Egypt, Iraq, Libya and Syria.

Since early December, when Brazil took the initiative of recognizing a Palestinian State within the 1967 borders and inaugurating a Palestinian Embassy, other Latin American countries have followed in Brazil's steps. Some Latin American countries, however, recognized Palestine as a State before the Brazilian initiative. Below is a list of the Latin American countries recognizing the State of Palestine:

* Costa Rica opened official ties with the "State of Palestine" in 2008
* Venezuela announced the recognition in 2009
* Cuba previously made symbolic recognition of Palestine
* Nicaragua previously made symbolic recognition of Palestine
* Argentina announced the recognition on December 2010
* Bolivia announced the recognition on December 2010
* Ecuador announced the recognition on December 2010
* Chile announced the recognition on January 2011
* Peru announced the recognition on January 2011
* Guyana announced the recognition on January 2011
* Uruguay is to recognize a Palestinian State on March 2011
* Paraguay expected to recognize a Palestinian State on March 2011
* Mexico expected to recognize Palestine as a State in 2011
* Suriname expected to recognize Palestine as a State in 2011