Country Report Brazil

 

 

Summary of Country Report

Brazil - November 2013


Some momentum has been lost

  • With 2.6% in 2014 economic growth wil be below earlier expectations
     
  • Monetary tightening has taken its toll on investments and consumer spending
     
  • Large spending projects will further increase the already high public debt rate
     
  • The external solvency and liquidity situation remains stable, despite some weakening


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-$ 11,091 in 2013)
 
Main import sources (2012)

  • USA - 15.3%  
  • China - 14.6%
  • Argentina - 7.4%
  • Germany - 6.4% 
  • South Korea - 4.1%

Main export markets (2012)

  • China - 17.0%
  • USA - 11.1%
  • Argentina - 7.4%
  • The Netherlands - 6.2%
  • Japan - 3.3%

 _________________
Date November 2013

 

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