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Economy of Brazil

Population: 200 million in 2013¹

GDP: $2.25 trillion in 2013²

GDP per capita: $11,208 nominal³ ($15,034 PPP⁴) in 2013

GDP growth rate: 0.1% in 2014⁵

Industries

GDP by Industry 2012⁶

Industry sector	Value added ($ billions) 2012	Percent of total
Other activities	807	38.2%
Wholesale, retail trade, restaurants and hotels	435	20.6%
Manufacturing	308	14.6%
Transport, storage and communication	173	8.2%
Mining and utilities	151	7.2%
Construction	122	5.8%
Agriculture, hunting, forestry, fishing	115	5.5%
Total value added	2,111	100%

Employment

Unemployment rate: 5.9% in Feb 2015⁷

Employment by Industry 2013⁸

Employment sector	Employees (thousands) 2013	Percent of total
Wholesale trade, retail trade and repair of motor vehicles	17,187	17.8%
Agriculture, hunting and forestry	13,462	13.9%
Manufacturing	12,223	12.6%
Construction	8,871	9.2%
Real estate and rental	6,846	7.1%
Activities of households as employers	6,474	6.7%
Education	5,749	5.9%
Transportation, storage and communications	5,406	5.6%
Public administration and defence	5,356	5.5%
Hotels and restaurants	4,474	4.6%
Health and social work	4,167	4.3%
Other community, social and personal services	3,785	3.9%
Financial intermediation	1,334	1.4%
Fishing	520	0.5%
Mining and quarrying	373	0.4%
Electricity, gas and water supply	363	0.4%
Not elsewhere classified	64	0.06%
Extraterritorial organizations	4	0.01%
Total employment	96,654	100%

Corporations

Top 7 Corporations by Revenue 2013* ⁹

Rank	Corporation	Revenue ($ billions) 2013	Profit ($ billions) 2013	Assets ($ billions) 12/31/13	Industry
1	Petrobras	126	9.9	288	Energy
2	Banco do Brasil	56	5.9	494	Finance
3	Itau Unibanco	56	6.3	390	Finance
4	Vale	41	0.4	110	Mining
5	Banco Bradesco	38	4.6	344	Finance
6	JBS	35	0.4	26	Food processing
7	Ultrapar	23	0.5	6	Energy

* Corporate data calculated using the exchange rate 2.663 BRL = 1 USD

Households

Household Wealth: $3.19 trillion (142% of GDP) in 2014¹⁰

Household Wealth per Adult: $23,415 in 2014¹⁰

Gini Coefficient: .519 in 2012¹¹

Government

Central Government

Central Government Revenue: $851 billion (38% of GDP) in 2013¹²

Central Government Expenditure: $816 billion (36% of GDP) in 2013¹²

Central Government Budget Balance: +$35 billion (+2% of GDP) in 2013¹²

Central Government Public Debt: $839 billion (37% of GDP) in Nov 2013*¹³

Central Government 10 Year Bond Interest Rate: 12.17% on Jan 10, 2015¹⁴

* Public debt calculated using an exchange rate of 2.633 BRL = 1 USD

Public Funds

Sovereign Fund of Brazil: $7.0 billion (0.3% of GDP) in 2014¹⁵

Tax Structure

Individual Income Tax Rates and Thresholds in 2013*¹⁶

0%: $0-$7,797
7.5%: $7,797-$11,684
15%: $11,684-$15,580
22.5%: $15,580-$19,468
27.5%: $19,468+

Corporate Tax Rate: 34%¹⁷

* Thresholds calculated using an exchange rate of 2.633 BRL = 1 USD

Monetary Policy

Money Supply (M1): $121 billion (5% of GDP) in Nov 2014*¹⁸

Benchmark Interest Rate: Selic Rate = 13.25% on Apr 29, 2015¹⁹

Total Reserves: $359 billion (16% of GDP) in 2013²⁰

Exchange Rate: 2.633 Brazilian Reals = 1 U.S. Dollar on Jan 10, 2015²¹

Inflation: 7.7% in Feb 2015²²

* Money supply calculated using an exchange rate of 2.633 BRL = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2014²³

Rank	Financial Institution	Assets ($ billions) 9/30/14
1	Banco do Brasil	541
2	Itau Unibanco	436
3	Caixa Economica Federal	415
4	Bradesco	346
5	Brazilian Development Bank	335
6	Santander Brasil	213
7	HSBC Brasil	61
8	BTG Pactual	56
9	Safra	55
10	Votorantim	40

International Accounts

Exports: $245 billion (11% of GDP) in 2013²⁴

Imports: $241 billion (11% of GDP) in 2013²⁴

Trade Balance: +$4 billion (0% of GDP) in 2013²⁴

Foreign Direct Investment Inflow: $64 billion (3% of GDP) in 2013²⁵

Foreign Direct Investment Outflow: $3.5 billion (-0.2% of GDP) in 2013²⁵

Foreign Aid Inflow: $1.3 billion (0.1% of GDP) in 2012²⁶

Foreign Aid Outflow: $500 million (0.02% of GDP) in 2010²⁶

References

^{1. Source: World Bank Indicators (Population) Go back}
^{2. Source: World Bank Indicators (GDP) Go back}
^{3. Source: World Bank Indicators (GDP per capita) Go back}
^{4. Source: World Bank Indicators (GDP per capita PPP) Go back}
^{5. Source: World Bank Indicators (GDP growth rate) Go back}
^{6. Source: United Nations Statistics Division (GDP by industry) Go back}
^{7. Source: Nasdaq (Unemployment rate) Go back}
^{8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back}
^{9. Source: Annual reports (Corporate data) Go back}
^{10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back}
^{11. Source: CIA World Factbook (Gini coefficient) Go back}
^{12. Source: CIA World Factbook (Government budget) Go back}
^{13. Source: Tesouro Nacional (Public debt) Go back}
^{14. Source: Bloomberg (Government bond yield) Go back}
^{15. Source: ESADE Sovereign Wealth Funds (Public funds) Go back}
^{16. Source: Ernst & Young Personal Tax Guide (Individual tax rates) Go back}
^{17. Source: Tax Foundation (Corporate tax rate) Go back}
^{18. Source: Banco Central do Brasil Press Release (Money supply) Go back}
^{19. Source: Banco Central do Brasil (Benchmark interest rate) Go back}
^{20. Source: World Bank Indicators (Total reserves) Go back}
^{21. Source: Yahoo Finance (Exchange rate) Go back}
^{22. Source: Bloomberg (Inflation rate) Go back}
^{23. Source: Relbanks.com (Financial institutions by assets) Go back}
^{24. Source: CIA World Factbook (Trade data) Go back}
^{25. Source: OECD FDI in Figures (FDI data) Go back}
^{26. Source: Global Humanitarian Assistance (Aid data) Go back}