Brazil

General Information

Total Population 192,800,000 (est.)
Total Area 8,456,510 km2
Local Currency Real (BRL)
Literacy 86.4%
Economically active population 98,328,000
as % of total population 51.0%
Unemployment rate 6.7% (metropolitan areas - CEPAL statistic 2010)
   
Gross Domestic Product (GDP) 2,473,500 US$ millions
as % of Regional GDP 44.4% (Latin America GDP 2011 = US$ 5,567,705 millions)
GDP per Head 12,829 US$
Latin American Ranking 4

 

 Important dates

  • January 1 - New Year
  • January 25 - Sao Paulo's Foundation
  • February - Carnaval (Changes every year)
  • April - Holy Friday (Changes every year)
  • April 21 - Tiradentes
  • May 1 - Labor Day
  • June 15 - Corpus Christi
  • September 7 - Brazil's Independence
  • October 12 - Nossa Senhora Aparecida
  • November 15 - Republic
  • December 25 - Christmas
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Economic Statistics

(years 2008 - proj. 2012)
Brazil has a Gross Domestic Product of US$2,473,500MM. This is distributed by sectors in the following way: agriculture with 5.5%, having as main products coffee, soybeans, wheat, rice; industry with 27.5%, having as main products textiles, shoes, chemicals,cement, iron ore; and the services sector with 67.0%.
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National Accounts

National Accounts 2008 2009 2010 est. 2011 proj.2012
 
         
▲% GDP
5.2% -0.3% 7.6% 2.7% 2.5%
Nominal GDP (US$ millions)
1,652,800 1,621,700 2,141,900 2,473,500 2,497,600
GDP per Head (US$)
8,862 8,599 11,226 12,829 12,828
GDP by Sector
      100.0%  
     Agriculture
      5.5%  
     Industry
      27.5%  
     Services
      67.0%  
Inflation rate
5.9% 4.3% 5.9% 6.5% 5.2%
Budget Balance
-1.9% -3.2% -2.1% -2.6% -2.7%

 

GDP Growth
   
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Trade Statistics

Regarding foreign trade, China represents its main commercial partner buying 15.2% of Brazilian exports, whereas the main export products are constituted by primary products.


 

Foreign Trade (2010)  
               
Exports       Imports      
               
By countries
     
By countries
     
China
  15.2%  
US
 
16.5%  
US
  9.6%  
China
 
15.5%  
Argentina
  9.2%  
Argentina
 
8.7%  
Netherlands
  5.1%  
Germany
 
7.6%  
 
     
 
 
   
By products
     
By products
     
Primary products
  44.6%  
Intermediate & raw mat.
  46.2%  
Manufactured products
  39.4%  
Capital goods
  22.6%  
Semi-manufactured prod.
  14.0%  
Consumer goods
  17.3%  
Others
  2.1%  
Fuels & lubricants
  14.0%  

 

 

Balance of Payments (US$ mill.) 2008 2009 2010 est. 2011 proj. 2012
 
         
Exchange rate: BRL / US$
(end of period)
2.34 1.74 1.67 1.88 1.82
 
         
Exports of goods
197,943 152,995 201,915 256,040 261,661
Imports of goods
173,107 127,705 181,769 226,243 243,706
Trade & Services Balance
8,146 6,045 -10,551 -8,560 -25,000
% GDP
0.5% 0.4% -0.5% -0.3% -1.0%
Income Balance
-40,562 -33,684 -39,559 -46,855 -44,151
% GDP
-2.5% -2.1% -1.8% -1.9% -1.8%
Current Transfers Balance
4,224 3,338 2,787 2,829 3,356
% GDP
0.3% 0.2% 0.1% 0.1% 0.1%
Current Account Balance
-28,192 -24,301 -47,323 -52,586 -65,795
% GDP
-1.7% -1.5% -2.2% -2.1% -2.6%
Net Direct Investments flows
24,601 36,032 36,918 75,957 51,662
% GDP
1.5% 2.2% 1.7% 3.1% 2.1%
Net portfolio Investmentes flows
-15,875 27,168 30,627 -26,897 -7,490
% GDP
-1.0% 1.7% 1.4% -1.1% -0.3%

 

Current Account Balance (% GDP) 
   
Foreign Debt Stock (% GDP)


     

  2008 2009 2010 est. 2011 proj. 2012
 
         
Foreign Debt Stock
262,151 276,910 346,978 397,474 442,171
% GDP
15.9% 17.1% 16.2% 16.1% 17.7%
 
         
Foreign Debt Service
56,466 44,595 45,808 74,764 83,203
Principal repayments
40,285 30,430 31,972 63,924 71,367
Interest payments
16,181 14,165 13,836 10,840 11,836

 

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