21, Nov 2009, CST. Welcome to the Brazil economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Brazil › Change country
National or Regional Currency: Cruzeiro Real, BRR
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 198739269 note: Brazil conducted a census in August 2000, which reported a population of 169,872,855; that figure was about 3.8% lower than projections by the US Census Bureau, and is close to the implied underenumeration of 4.6% for the 1991 census (July
Area: total: 8,511,965 sq km land: 8,456,510 sq km water: 55,455 sq km note: includes Arquipelago de Fernando de Noronha, Atol das Rocas, Ilha da Trindade, Ilhas Martin Vaz, and Penedos de Sao Pedro e Sao Paulo
Natural Resources: bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
Government Type: Brazil government type
Government Ministers: Brazil ministers
Capital: Brasilia
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

Characterized by large and well-developed agricultural, agrarian, fisheries and farming, mining, industrial manufacturing, and service sectors, Brazil's economy outweighs that of all other South America countries and Brazil is growing its presence in world markets. From 2003 to 2007, Brazil ran record trade (imports and exports) surpluses and recorded its first national current account balance surpluses since 1992. Productivity gains coupled with high commodity prices or pricing contributed to the surge in exports. Brazil improved its public debt profile in 2006 by shifting its public debt burden toward real denominated and domestically held instruments. LULA DA SILVA restated his commitment to financial responsibility by sustaining the country's primary surplus during the 2006 election. Coming after his second inauguration in October of that year, LULA DA SILVA announced a package of further economic reform to reduction of taxation and increase investment in infrastructure and facilities. Brazil's public debt achieved investment grade status early in 2008, but the state's attempt to achieve robust growth while reducing the public debt burden created inflationary pressures. For most of 2008, the national national Central Bank embarked on a restrictive monetary policy to stem these pressures. Since the onset of the global economic downturn in September, Brazil's currency and its stock market - Bovespa - have markedly lost value, -41 per cent for Bovespa for the year ending 30 December 2008. Brazil incurred another national current account balance deficit in 2008, as world demand and prices or pricing for commodities dropped in the second-half of the year.
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GDP (Constant Prices, National Currency) for Brazil in year 2008 is BRR 1,356.18 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Brazil in year 2008 is 5.076 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Brazil in year 2008 is BRR 2,889.72 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Brazil in year 2008 is US$ 1,572.84 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Deflator for Brazil in year 2008 is 213.078 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Brazil in year 2008 is BRR 7,068.21 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Brazil in year 2008 is BRR 15,060.84 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Brazil in year 2008 is US$ 8,197.43 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

Output Gap, Percent of Potential GDP for Brazil in year 2008 is not available

GDP (PPP), US Dollars for Brazil in year 2008 is US$ 1,981.21 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Per Capita (PPP), US Dollars for Brazil in year 2008 is US$ 10,325.80 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Share of World Total (PPP) for Brazil in year 2008 is 2.856 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Implied PPP Conversion Rate for Brazil in year 2008 is 1.459 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Investment (% of GDP) for Brazil in year 2008 is not available

Gross National Savings (% of GDP) for Brazil in year 2008 is not available

Inflation, Average Consumer Prices (Indexed to Year 2000) for Brazil in year 2008 is 172.868 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Brazil in year 2008 is 5.672 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Brazil in year 2008 is 171.839 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Brazil in year 2008 is 5.902 %. Data for inflation are end of the period, not annual average data.

Six-month London Interbank Offered Rate (LIBOR) Change % for Brazil in year 2008 is not available

Unemployment Rate (% of Labour Force) for Brazil in year 2008 is not available

Employment for Brazil in year 2008 is not available

Population for Brazil in year 2008 is 191.87 Million .

General Government Balance (National Currency) for Brazil in year 2008 is not available

General Government Balance (% of GDP) for Brazil in year 2008 is not available

General Government Structural Balance (National Currency) for Brazil in year 2008 is not available

General Government Structural Balance (% Potential GDP) for Brazil in year 2008 is not available

General Government Net Debt (National Currency) for Brazil in year 2008 is not available

General Government Net Debt (% GDP) for Brazil in year 2008 is not available

General Government Gross Debt (National Currency) for Brazil in year 2008 is not available

General Government Gross Debt (% GDP) for Brazil in year 2008 is not available

Current Account Balance (US Dollars) for Brazil in year 2008 is US$ -28.3 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.

Current Account Balance (% GDP) for Brazil in year 2008 is -1.799 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.