Worlddata.info

Indicators of economy in Brazil

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Brazil reached 6.797 US dollars per inhabitant, or 1,444.73 bn US Dollar in the whole country. Brazil is therefore one of the world's largest economies and is currently at rank 12. If this is calculated per inhabitant taking into account the purchasing power parity, then Brazil is in the list of the world's richest countries in place 86.

Inflation in Brazil was in 2021 at around 8.30%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 53.1% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Brazil

Impact of the Covid-19 pandemic in 2020

The consequences of the Covid pandemic in 2020 were considerable in Brazil. Overall, gross domestic product in 2020 fell from 1,877.82 billion US Dollar auf 1,444.73 billion US Dollar. With a large drop of 23.06 percent, the economy in Brazil has struggled significantly more than other countries. The tourism sector alone slumped by around 49 percent. The unemployment rate rose from 11.9 to 13.7 percent. The inflation rate has fallen from 3.7 percent previously to 3.2 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Brazil
Total
Brazil
per capita
EU
Total
EU
per capita
GDP1,444.73 bn USD6,796.84 USD15,291.93 tn USD29,692.11 USD
Gross national product1,669.12 bn USD7,852.47 USD15,330.84 tn USD29,767.66 USD


Brazil ranked 46th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 21 of the 2000 largest listed companies in the world originate from Brazil. This is determined annually in the Forbes Global 2000 list. The 10 largest companies in the country were in 2021:

Rank 109: Itaú Unibanco Holding (São Paulo)
Rank 113: Vale (Rio de Janeiro)
Rank 154: Banco Bradesco (Osasco)
Rank 159: Petrobras (Rio de Janeiro)
Rank 272: Banco do Brasil (Brasilia)
Rank 525: JBS (São Paulo)
Rank 680: Banco Btg Pactual (Rio de Janeiro)
Rank 959: Eletrobrás (Rio de Janeiro)
Rank 1218: Itaúsa (São Paulo)
Rank 1322: B3 (São Paulo)

Development of the Gross domestic product in billion US Dollar 1960 - 2020



Im- and Exports 2021

 Brazil
Total
Brazil
per capita
EU
Total
EU
per capita
Imports227.85 bn USD1,071.96 USD7,340.01 bn USD14,251.98 USD
Exports239.28 bn USD1,125.72 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in billion US dollars 1975 - 2021

Exports
Imports



Brazil: AirportsLargest airports and airlines in BrazilThe 30 biggest airports and 13 airlines in Brazil with further information and data
Brazil: Public HolidaysPublic holidays in Brazil 2022-2026Statutory and inofficial holidays in Brazil for 2022 to 2026
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.