Economy of Brazil
Economy of Brazil
Currency
Brazilian real (BRL, R$)
Fiscal year
Calendar year
Trade
organisations
Unasul, WTO, Mercosur,
G-20 and others
Statistics
GDP
US$ 1.994 trillion (2008)
GDP growth
5.1% (2008)[1]
GDP per capita US$ 10,551 (2008)
GDP by sector
agriculture: 5.5% industry:
28.7% services: 65,8%
(2007)[2]
Inflation (CPI)
4.46% (2008)[3]
Population
below poverty
line
23.5% (2008)[4]
Gini index
50.5 (2008 est.)[5]
Labour force
101.8 million (2008 est.)
Unemployment 7.6% (2008)[6]
Main
industries
airplanes, steel; iron ore,
coal; machine building;
armaments; textiles and
apparel; petroleum; cement;
chemicals; fertilizers;
consumer products,
including footwear, toys, and
electronics; food processing;
transportation equipment,
including automobiles, rail
cars and locomotives, ships,
and aircraft; electronics;
telecommunications
equipment, commercial
space launch vehicles,
satellites, real state,
brewing, tourism
External
Exports
US$ 197.9 billion (2008)[7]
Export goods
transport equipment, iron
ore, soybeans, footwear,
coffee, autos, automotive
parts, machinery
Main export
partners
United States 15.8%,
Argentina 9.9%, China 7.9%,
Netherlands 5.4%, Germany
4.7% (2008*)
Imports
US$ 173.2 billion (2008)[7]
Import goods
machinery, electrical and
transport equipment,
chemical products, oil,
automotive parts, electronics
Main import
partners
United States 11.9%, China
10.6%, Argentina 9,0%,
Germany 7,5%, Nigeria
4.5%, Japan 4.0% (2008)
Public finances
Public Debt
US$ 103.2 billion; 6,4% of
GDP (2008 est.)
Credit rating
BBB- [8]
Reserves
US$ 206.8 billion (2008)[9]
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US
dollars
Brazil has a moderate free market and
export-oriented economy. Measured nomin-
ally, its gross domestic product surpasses a
trillion dollars, the tenth in the world and the
second in the Americas; measured by pur-
chasing power parity, $1.9 trillion, making it
the eighth largest economy in the world and
the second largest in the Americas, after the
Un