Country Report Brazil

 

 

Summary of Country Report

Brazil - November 2012


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%

 _________________
Date November 2012

 

 

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