4 GeoFroggy

Economy Overview

Brazil seeks to strengthen its workforce and its economy over the long run by imposing local content and technology transfer requirements on foreign businesses, by investing in education through social programs such as Bolsa Familia and the Brazil Science Mobility Program, and by investing in research in the areas of space, nanotechnology, healthcare, and energy.

Agriculture Products

coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus; beef

Industries

textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment

Industrial Production Growth Rate

-6.2% (2015 est.)

Labor Force

109.2 million (2015 est.)

Labor Force by Occupation

Agriculture: 15.7%

Industry: 13.3%

Services: 71%

Unemployment Rate

6.5% (2014 est.)

Population Below Poverty Line

21.4%

Household Income or Consumption by Percentage Share

Lowest 10%: 0.8%

Highest 10%: 42.9% (2009 est.)

Distribution of Family Income Gini Index

55.3 (2001)

Budget

Revenues: $638 billion

Expenditures: $673.4 billion (2015 est.)

Public Debt

57.2% of GDP (2014 est.)

Central Bank Discount Rate

11% (31 December 2011)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$132.4 billion (31 December 2014 est.)

Stock of Broad Money

$835.3 billion (31 December 2013 est.)

Stock of Domestic Credit

$2.251 trillion (31 December 2014 est.)

Market Value of Publicly Traded Shares

$1.546 trillion (31 December 2013 est.)

Reserves of Foreign Exchange and Gold

$363.6 billion (31 December 2014 est.)

Debt External

$556.9 billion (31 December 2014 est.)

Stock of Direct Foreign Investment at Home

$739.2 billion (31 December 2014 est.)

Stock of Direct Foreign Investment Abroad

$299.7 billion (31 December 2014 est.)

Exchange Rates

1.675 (2011 est.)
Year

GDP Official Exchange Rate

  • $1.773 trillion 2015 est.

Taxes and Other Revenues

  • 36% of GDP (2015 est.)

Budget Surplus or Deficit

  • -2% of GDP (2015 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

    $3.317 trillion (2013 est.)

GDP Real Growth Rate

    3% (2013 est.)

GDP Per Capital

    $16,500 (2013 est.)

Gross National Saving

    18.7% of GDP (2013 est.)

GDP Composition by end Use

  • Household consumption
    63.4%
  • Government consumption
    20.2%
  • Investment in fixed capital
    18.2%
  • Investment in inventories
    -0.5%
  • Exports of goods and services
    13%
  • Imports of goods and services
    -14.3% (2015 est.)

GDP Composition by Sector of Origin

  • Agriculture
    5.9%
  • Industry
    22.2%
  • Services
    71.9%

Inflation Rate Consumer Prices

    6.3% (2014 est.)

Current Account Balance

    -$104.2 billion (2014 est.)

Exports

    $224.1 billion (2014 est.)

Exports Partners

  • China
    18.6%
  • US
    12.7%
  • Argentina
    6.7%
  • Netherlands
    5.3%

Exports Commodities

    Transport equipment, iron ore, soybeans, footwear, coffee, automobiles

Imports

    $230.7 billion (2014 est.)

Imports Partners

  • China
    17.9%
  • US
    15.6%
  • Germany
    6.1%
  • Argentina
    6%

Imports Commodities

    Machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics