Key Facts

GDP (ppp) per CAPITA

$10,200 (2008 est.)

Inflation Rate

5.7% (2008 est.)

Population

198,739,269

Country Risk Ratings

A4

Ease of Doing Business

125/181

Global Competitiveness

64/134

Country Map

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gE Network

There are 83 members in the
gE Network for this country.

Brazil : Introduction

Following more than three centuries under Portuguese rule, Brazil peacefully gained its independence in 1822, maintaining a monarchical system of government until the abolition of slavery in 1888 and the subsequent proclamation of a republic by the military in 1889. Brazilian coffee exporters politically dominated the country until populist leader Getulio VARGAS rose to power in 1930. By far the largest and most populous country in South America, Brazil underwent more than half a century of populist and military government until 1985, when the military regime peacefully ceded power to civilian rulers. Brazil continues to pursue industrial and agricultural growth and development of its interior. Exploiting vast natural resources and a large labor pool, it is today South America's leading economic power and a regional leader. Highly unequal income distribution and crime remain pressing problems.

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Sources:
CIA World Factbook (September 2009)
U.S. Dept. of State Country Background Notes (July 2009)