Economy of Brazil
Population: 209.47 M (2018)
GDP per Capita: 8,921 USD (2018)
1,869 B.

GDP USD

(2018)

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276,660 M.

EXPORTS USD

(2018)

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266,780 M.

IMPORTS USD

(2018)

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75.77 %

PUBLIC DEBT

(2019)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 1.12 % (2018)
GDP of 2010 USD USD 2,309.70 B. (2018)
GDP Current USD USD 1,868.63 B. (2018)
GDP per Capita Current USD USD 8,921 (2018)
GDP per capita, PPP USD 14,283 (2018)
GDP per Capita, 2010 USD USD 11,026 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 19.72 % (2018)
Government Spending USD 368.42 B. (2018)
Government Debt % GDP 75.77 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 114.88 (2018)
Trade Openness 29.08 % (2018)
Exports of Goods and Services % GDP 14.81 % (2018)
Exports Goods & Services USD 276.66 B. (2018)
Exports Annual Growth 4.05 % (2018)
Imports as % GDP 14.28 % (2018)
Total Imports USD 266.78 B. (2018)
Foreign Direct Investment % GDP 4.18 % (2018)
Foreign Direct Investment USD 88.32 B. (2018)
Current Account Balance % GDP USD -2.22 % (2018)
Current Account Balance USD -41.54 B. (2018)
Trade Balance % GDP % (2018)
Trade Balance USD 17.31 B. (2018)
Foreign Exchange Reserves incl Gold USD 374.71 B. (2018)
Remittances % GDP 0.16 % (2018)
Remittances USD 2,565 M. (2018)
Balance of Payments USD 4,709 M. (2017)

Labor Market

Indicator Value
Labor Force 106.33 M. (2019)
Unemployment Rate 12.22 % (2019)
Unemployment Rate Females 14.14 % (2019)
Unemployment Rate Males 10.49 % (2019)
Youth Unemployment (ages 15-24) 27.78 % (2019)
Labor Force Participation Rate 63.78 % (2019)
Labor Force (Percent Female) 43.58 % (2019)
Female Labor Force Participation Rate 53.88 % (2019)
Male Labor Force Participation Rate 74.25 % (2019)
Dependent People 43.38 % (2018)

Agriculture Sector

Indicator Value
Forest Area 58.90 % (2016)
Forest Area km² 4,925,540 km² (2016)
Agricultural Land 33.92 % (2016)
Agricultural Land km² 2,835,460 km² (2016)
Employment 9.28 % (2019)
Value added % GDP 4.36 % (2018)
Agriculture Value added USD 81.50 B. (2018)
Crop Production Index 142.60 (2016)
Precipitation 1,761 mm (2014)
Arable Land 10 % (2016)
Cereal Yield 5,209 kg/hectare (2017)
Food production index 137 (2016)
Rural Population 13 % (2018)
Fertilizer use of Arable Land 186 kg/hectare (2016)
Livestock Production Index 127 (2016)
Economy of Brazil

According to the World Bank and its latest published data, the economy of the Brazil presents a growth rate of 1.12 % (2018) to the previous year.

With a population that reaches 209.47 M (2018) and a gross domestic product of USD 1,868.63 B. (2018), it translates a Gross Domestic Product per Capita of USD 8,921 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Brazil also has a workforce of 106.33 M. (2019) with an unemployment rate of 12.22 % (2019), where women represent 14.14 % (2019) and men 10.49 % (2019), the unemployment rate for young people between 15-24 years old stood at 27.78 % (2019). The total number of dependent people stands at 43.38 % (2018).

The central government spent 19.72 % (2018) of its gross domestic product that year, which in absolute terms is USD 368.42 B. (2018). Its consolidated public debt reached 75.77 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Brazil exported USD 276.66 B. (2018), which represents 14.81 % (2018) of its gross domestic product, in that same sense its imports reached USD 266.78 B. (2018) with a direct foreign investment of USD 88.32 B. (2018).

Brazil has a forest area of 4,925,540 km² (2016), which represents 58.90 % (2016) of its total area, an average rainfall of 1,761 mm (2014) per year and a population of 13 % (2018) living in rural areas. With a total area of 2,835,460 km² (2016) available for agriculture and 9.28 % (2019) of its employments, the agricultural sector contributes to the economy of the Brazil about USD 81.50 B. (2018) (4.36 % (2018) of its GDP).