Economic Trivia

Brazil has the largest economy in South America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): China, United States, and Argentina
Top 3 Exported Goods (2021): Ores, Oil Seeds, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Textiles; Shoes; Chemicals; Cement

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $3,837,260,590,100 (2022)
GDP Growth Rate (annual %) 2.901% (2022)
GDP Per Capita, PPP (current international) $17,822 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 8/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 9.28% (2022)
External debt stocks, total (DOD, current US$) $606,484,605,481 (2021)
Total tax rate (% of commercial profits) 65.1% (2019)
Real Interest Rate (5 year average %) 28.737% (2022)
Manufacturing, value added (% of GDP) 11.122% (2022)
Current Account Balance (BoP, current US$) ($56,997,407,566) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 108,380,011 (2022)
Employment in Agriculture (% of total employment) 9.689% (2021)
Employment in Industry (% of total employment) 20.633% (2021)
Employment in Services (% of total employment) 69.678% (2021)
Unemployment Rate 9.461% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $370,471,985,737 (2022)
Exports of goods and services (current US$) $384,893,485,436 (2022)
Total Merchandise Trade (% of GDP) 32.622% (2022)
FDI, net inflows (BoP, current US$) $91,502,103,578 (2022)
Commercial Service Exports (current US$) $38,722,756,825 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Brazil’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank