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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 10.905 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 78.

Inflation in Brazil was in 2020 at around 3.21%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices for convenience goods are approximately 47.58% lower.
The Corruption Perceptions Index for the public sector counts 38 and is compared to other countries bad.


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 1,877.81 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 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 - 2020

Economic performance 2020

 Brazil
Total
Brazil
per capita
EU
Total
EU
per capita
GDP1,444.73 bn USD6,796.84 USD15,276.47 tn USD29,662.47 USD
Gross national product1,669.12 bn USD7,852.46 USD15,261.33 tn USD29,633.07 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. 18 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 2020:

Rank 70: Petrobras (Rio de Janeiro)
Rank 78: Itaú Unibanco Holding (São Paulo)
Rank 101: Banco Bradesco (Osasco)
Rank 208: Banco do Brasil (Brasilia)
Rank 461: JBS (São Paulo)
Rank 513: Vale (Rio de Janeiro)
Rank 722: Eletrobrás (Rio de Janeiro)
Rank 935: Itaúsa (São Paulo)
Rank 1341: Banco Btg Pactual (Rio de Janeiro)
Rank 1371: B3 (São Paulo)

Development of the Gross domestic product in billion US Dollar 1979 - 2020



Im- and Exports 2020

 Brazil
Total
Brazil
per capita
EU
Total
EU
per capita
Imports227.44 bn USD1,070.02 USD7,314.16 bn USD14,201.97 USD
Exports239.18 bn USD1,125.23 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in billion US dollars 1979 - 2020

Exports
Imports



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