Country information

Brazil

Area

8.515.770 km²

Capital

Brasilia

Government

Luiz Inácio Lula da Silva

Population

208,49 million

Contact

Betina Sachsse

Regional Manager for Brazil, Guyana and Jamaica / LAV-Young Professionals Coordinator

b.sachsse@lateinamerikaverein.de

+49 (0) 40 413 43 151

Economic data

Basic Data 2020 2021 2022
GDP-growth - Central Bank/IBGE -5%P 4,5% 2,3% (P)
Industrial growth - Central Bank -5,5% 3,8% -0,5% (Jul)
Export – Ministry Development, Industry, Trade US$ 209,8 billion US$ 280 billion US$ 348,8 billion
Import - Ministry Development, Industry, Trade US$ 158,9 billion US$ 219 billion US$ 237,2 billion
Interest rate - Central Bank 2,0% 9,25% 13,75%
Exchange rate US$ / BRL - Central Bank 5,28 5,50 5,15 (Sep)
Exchange rate €/BRL - Central Bank 5,99 6,19 5,17 (Sep)
Inflation - Central Bank 4,23% 10,06% 8,73% (Sep)
Unemployment- IBGE/Central Bank 13,6% 11,6% 10,5%
Foreign Direct Investment FDI (3,4% of GDP) US$58 billion US$39 billion (May)
Currency reserves US$ 356,9 billion US$ 355 billion US$ 316 billion (Jul)
Public debt 91,4% of GDP 80,3% of GDP 79,1% of GDP (P)

Foreign Trade

Import products: Mineral fuels and oils, Electrical machinery, Vehicles
Import partner: China, USA

Export products: Soybeans, Crude Petroleum, Iron Ore
Export partner: China, USA

Notes

P = Prediction
Update: 21.02.2022
Sources: Banco Central, CNI, IBGE, OECD, MDIC