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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


GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Other activities80738.2%
Wholesale, retail trade, restaurants and hotels43520.6%
Transport, storage and communication1738.2%
Mining and utilities1517.2%
Agriculture, hunting, forestry, fishing1155.5%
Total value added2,111100%


Unemployment rate: 5.9% in Feb 20157

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Wholesale trade, retail trade and repair of motor vehicles17,18717.8%
Agriculture, hunting and forestry13,46213.9%
Real estate and rental6,8467.1%
Activities of households as employers6,4746.7%
Transportation, storage and communications5,4065.6%
Public administration and defence5,3565.5%
Hotels and restaurants4,4744.6%
Health and social work4,1674.3%
Other community, social and personal services3,7853.9%
Financial intermediation1,3341.4%
Mining and quarrying3730.4%
Electricity, gas and water supply3630.4%
Not elsewhere classified640.06%
Extraterritorial organizations40.01%
Total employment96,654100%


Top 7 Corporations by Revenue 2013* 9

RankCorporationRevenue ($ billions) 2013Profit ($ billions) 2013Assets ($ billions) 12/31/13Industry
2Banco do Brasil565.9494Finance
3Itau Unibanco566.3390Finance
5Banco Bradesco384.6344Finance
6JBS350.426Food processing

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


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

Household Wealth per Adult: $23,415 in 201410

Gini Coefficient: .519 in 201211


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

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

RankFinancial InstitutionAssets ($ billions) 9/30/14
1Banco do Brasil541
2Itau Unibanco436
3Caixa Economica Federal415
5Brazilian Development Bank335
6Santander Brasil213
7HSBC Brasil61
8BTG Pactual56

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


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