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Economic growth will be robust in the coming years
- 2013-2015 a yearly GDP growth of 4%-5% is expected
- High inflation rates remain a problem
- Solid solvency and excellent international liquidity positions
- More fiscal tightening and reform efforts are necessary to sustain long-term economic stability
Real GDP growth (%)
Source: EIU / IMF
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General Information
Capital - Brasília
Government type - Federal republic
Currency - Real (BRL)
Population - 196.5 million
Status - Upper middle income country
(GDP/capita: US-$ 11,925 in 2012)
Main import sources (2011)
- USA - 15.1%
- China - 14.5%
- Argentina - 7.5%
- Germany - 6.7%
- South Korea - 4.5%
Main export markets (2011)
- China - 17.3%
- USA - 10.1%
- Argentina - 8.9%
- Netherlands - 5.3%
- Japan - 3.7%
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Date November 2012
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