Business with Brazil

Brazil’s economy is the world's eighth largest by nominal GDP and eighth largest by purchasing power criteria. The Brazilian economy is characterized by a mixed economy that relies on import substitution to achieve economic growth. Wikipedia

Gross domestic product: 2.056 trillion USD (2017)

Currency: Brazilian real

GDP per capita: 9,821.41 USD (2017)

GDP growth rate: 1.0% annual change (2017)

GNI per capita: 15,160 PPP dollars (2017)

Gross national income: 3.173 trillion PPP dollars (2017)

Internet users: 45.0% of the population (2011)

The Brazilian government has launched initiatives to achieve fiscal sustainability and liberalize one of the most closed emerging-market economies. The efforts have strengthened the country’s competitiveness and provided a better environment for private sector development. This has resulted in tremendous interest from companies that have long sought to expand into Latin America’s largest economy and access it’s more than 200 million consumers.