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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
4.13/134

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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.

Capital City:   Brasilia (-3 GMT)
Currency:   Real (BRL) (convert)
Languages:   Portuguese (official and most widely spoken language)
Calling Code:   55
Voltage:   110/220
Religions:   Roman Catholic (nominal) 73.6%, Protestant 15.4%, Spiritualist 1.3%, Bantu/voodoo 0.3%, other 1.8%, unspecified 0.2%, none 7.4%
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Online Course Module: Doing Business in Brazil

Brazil: Banco Central do Brasil

This Central Bank manages the Brazilian Payment System and Currency supply. It formulates and manages monetary and foreign exchange policies according to the Brazilian Federal Government guidelines. Available in English and Portuguese.

Brazil: Brazilian Trade Promotion Network

Within the Ministry of Foreign Relations of Brazil, the Trade Promotion Department offers this site through the BrazilTradeNet. This site offers information for potential investors in Brazil. In addition to a foreign investor's guide, important addresses, information on company formation, and a listing of trade fairs can be found. Free registration required. The site is available in English, Spanish, and Portugese.

Brazil: Sao Paulo Stock Exchange (BOVESPA)

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

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