Brazil
Following more than three centuries under Portuguese rule, Brazil 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 a half 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, one of the first in the area to begin an economic recovery. High income inequality and crime remain pressing problems, as well as recent years’ slow down in economic growth.
Geography
Location:
Eastern South America, bordering the Atlantic Ocean
Geographic coordinates:
10 00 S, 55 00 W
Map references:
South America
Area:
total: 8,514,877 sq km
country comparison to the world: 5
land: 8,459,417 sq km
water: 55,460 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
Area – comparative:
Area comparison map:
Land boundaries:
total: 16,885 km
border countries: Argentina 1,261 km, Bolivia 3,423 km, Colombia 1,644 km, French Guiana 730 km, Guyana 1,606 km, Paraguay 1,365 km, Peru 2,995 km, Suriname 593 km, Uruguay 1,068 km, Venezuela 2,200 km
Coastline:
7,491 km
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: 200 nm or to edge of the continental margin
Climate:
mostly tropical, but temperate in south
Terrain:
mostly flat to rolling lowlands in north; some plains, hills, mountains, and narrow coastal belt
Elevation extremes:
lowest point: Atlantic Ocean 0 m
highest point: Pico da Neblina 2,994 m
Natural resources:
bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, rare earth elements, uranium, petroleum, hydropower, timber
Land use:
arable land: 8.45%
permanent crops: 0.83%
other: 90.72% (2011)
Irrigated land:
54,000 sq km (2011)
Total renewable water resources:
8,233 cu km (2011)
Freshwater withdrawal (domestic/industrial/agricultural):
total: 58.07 cu km/yr (28%/17%/55%)
per capita: 306 cu m/yr (2006)
Natural hazards:
recurring droughts in northeast; floods and occasional frost in south
Environment – current issues:
deforestation in Amazon Basin destroys the habitat and endangers a multitude of plant and animal species indigenous to the area; there is a lucrative illegal wildlife trade; air and water pollution in Rio de Janeiro, Sao Paulo, and several other large cities; land degradation and water pollution caused by improper mining activities; wetland degradation; severe oil spills
Environment – international agreements:
party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified: none of the selected agreements
Geography – note:
largest country in South America and in the Southern Hemisphere; shares common boundaries with every South American country except Chile and Ecuador
People & Society
Nationality:
noun: Brazilian(s)
adjective: Brazilian
Ethnic groups:
white 47.7%, mulatto (mixed white and black) 43.1%, black 7.6%, Asian 1.1%, indigenous 0.4% (2010 est.)
Languages:
Portuguese (official and most widely spoken language)
note: less common languages include Spanish (border areas and schools), German, Italian, Japanese, English, and a large number of minor Amerindian languages
Religions:
Roman Catholic 64.6%, other Catholic 0.4%, Protestant 22.2% (includes Adventist 6.5%, Assembly of God 2.0%, Christian Congregation of Brazil 1.2%, Universal Kingdom of God 1.0%, other Protestant 11.5%), other Christian 0.7%, Spiritist 2.2%, other 1.4%, none 8%, unspecified 0.4% (2010 est.)
Demographic profile:
Brazil’s rapid fertility decline since the 1960s is the main factor behind the country’s slowing population growth rate, aging population, and fast-paced demographic transition. Brasilia has not taken full advantage of its large working-age population to develop its human capital and strengthen its social and economic institutions but is funding a study abroad program to bring advanced skills back to the country. The current favorable age structure will begin to shift around 2025, with the labor force shrinking and the elderly starting to compose an increasing share of the total population. Well-funded public pensions have nearly wiped out poverty among the elderly, and Bolsa Familia and other social programs have lifted tens of millions out of poverty. More than half of Brazil’s population is considered middle class, but poverty and income inequality levels remain high; the Northeast, North, and Center-West, women, and black, mixed race, and indigenous populations are disproportionately affected. Disparities in opportunities foster social exclusion and contribute to Brazil’s high crime rate, particularly violent crime in cities and favelas.
Brazil has traditionally been a net recipient of immigrants, with its southeast being the prime destination. After the importation of African slaves was outlawed in the mid-19th century, Brazil sought Europeans (Italians, Portuguese, Spaniards, and Germans) and later Asians (Japanese) to work in agriculture, especially coffee cultivation. Recent immigrants come mainly from Argentina, Chile, and Andean countries (many are unskilled illegal migrants) or are returning Brazilian nationals. Since Brazil’s economic downturn in the 1980s, emigration to the United States, Europe, and Japan has been rising but is negligible relative to Brazil’s total population. The majority of these emigrants are well-educated and middle-class. Fewer Brazilian peasants are emigrating to neighboring countries to take up agricultural work.
Population:
202,656,788 (July 2014 est.)
country comparison to the world: 6
Age structure:
0-14 years: 23.8% (male 24,534,129/female 23,606,332)
15-24 years: 16.5% (male 16,993,708/female 16,521,057)
25-54 years: 43.7% (male 43,910,790/female 44,674,915)
55-64 years: 7.6% (male 8,067,022/female 9,036,519)
65 years and over: 7.3% (male 6,507,069/female 8,805,247) (2014 est.)
Dependency ratios:
total dependency ratio: 45.8 %
youth dependency ratio: 34.4 %
elderly dependency ratio: 11.3 %
potential support ratio: 8.8 (2014 est.)
Median age:
total: 30.7 years
male: 29.9 years
female: 31.5 years (2014 est.)
Population growth rate:
0.8% (2014 est.)
country comparison to the world: 137
Birth rate:
14.72 births/1,000 population (2014 est.)
country comparison to the world: 134
Death rate:
6.54 deaths/1,000 population (2014 est.)
country comparison to the world: 148
Net migration rate:
-0.15 migrant(s)/1,000 population (2014 est.)
country comparison to the world: 117
Urbanization:
urban population: 84.6% of total population (2011)
rate of urbanization: 1.15% annual rate of change (2010-15 est.)
Major urban areas – population:
Sao Paulo 19.924 million; Rio de Janeiro 11.96 million; Belo Horizonte 5.487 million; Porto Alegre 3.933 million; Recife 3.733 million; BRASILIA (capital) 3.813 million (2011)
Sex ratio:
at birth: 1.05 male(s)/female
0-14 years: 1.04 male(s)/female
15-24 years: 1.03 male(s)/female
25-54 years: 0.98 male(s)/female
55-64 years: 0.97 male(s)/female
65 years and over: 0.74 male(s)/female
total population: 0.98 male(s)/female (2014 est.)
Maternal mortality rate:
56 deaths/100,000 live births (2010)
country comparison to the world: 103
Infant mortality rate:
total: 19.21 deaths/1,000 live births
country comparison to the world: 94
male: 22.47 deaths/1,000 live births
female: 15.78 deaths/1,000 live births (2014 est.)
Life expectancy at birth:
total population: 73.28 years
country comparison to the world: 126
male: 69.73 years
female: 77 years (2014 est.)
Total fertility rate:
1.79 children born/woman (2014 est.)
country comparison to the world: 155
Contraceptive prevalence rate:
80.3% (2006)
Health expenditures:
8.9% of GDP (2011)
country comparison to the world: 47
Physicians density:
1.76 physicians/1,000 population (2008)
Hospital bed density:
2.3 beds/1,000 population (2011)
Drinking water source:
improved:
urban: 99.5% of population
rural: 84.5% of population
total: 97.2% of population
unimproved:
urban: 0.5% of population
rural: 15.5% of population
total: 2.8% of population (2011 est.)
Sanitation facility access:
improved:
urban: 86.7% of population
rural: 48.4% of population
total: 80.8% of population
unimproved:
urban: 13.3% of population
rural: 51.6% of population
total: 19.2% of population (2011 est.)
HIV/AIDS – adult prevalence rate:
NA
HIV/AIDS – people living with HIV/AIDS:
NA
HIV/AIDS – deaths:
NA
Obesity – adult prevalence rate:
18.8% (2008)
country comparison to the world: 102
Children under the age of 5 years underweight:
2.2% (2007)
country comparison to the world: 119
Education expenditures:
5.8% of GDP (2010)
country comparison to the world: 49
Literacy:
definition: age 15 and over can read and write
total population: 90.4%
male: 90.1%
female: 90.7% (2010 est.)
Child labor – children ages 5-14:
total number: 959,942
percentage: 3 %
note: data represents children ages 5-13 (2009 est.)
Unemployment, youth ages 15-24:
total: 15.4%
country comparison to the world: 82
male: 12.2%
female: 19.8% (2011)
Government
Country name:
conventional long form: Federative Republic of Brazil
conventional short form: Brazil
local long form: Republica Federativa do Brasil
local short form: Brasil
Government type:
federal republic
Capital:
name: Brasilia
geographic coordinates: 15 47 S, 47 55 W
time difference: UTC-3 (2 hours ahead of Washington, DC, during Standard Time)
daylight saving time: +1hr, begins third Sunday in October; ends third Sunday in February
note: Brazil has three time zones, including one for the Fernando de Noronha Islands
Administrative divisions:
26 states (estados, singular – estado) and 1 federal district* (distrito federal); Acre, Alagoas, Amapa, Amazonas, Bahia, Ceara, Distrito Federal*, Espirito Santo, Goias, Maranhao, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Para, Paraiba, Parana, Pernambuco, Piaui, Rio de Janeiro, Rio Grande do Norte, Rio Grande do Sul, Rondonia, Roraima, Santa Catarina, Sao Paulo, Sergipe, Tocantins
Independence:
7 September 1822 (from Portugal)
National holiday:
Independence Day, 7 September (1822)
Constitution:
several previous; latest ratified 5 October 1988; amended many times, last in 2012 (2012)
Legal system:
civil law; note – a new civil law code was enacted in 2002 replacing the 1916 code
International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Suffrage:
voluntary between 16 to under 18 years of age and over 70; compulsory 18 to 70 years of age; note – military conscripts do not vote by law
Executive branch:
chief of state: President Dilma ROUSSEFF (since 1 January 2011); Vice President Michel Miguel Elias TEMER Lulia (since 1 January 2011); note – the president is both the chief of state and head of government
head of government: President Dilma ROUSSEFF (since 1 January 2011); Vice President Michel Miguel Elias TEMER Lulia (since 1 January 2011)
cabinet: Cabinet appointed by the president
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elections: president and vice president elected on the same ticket by popular vote for a single four-year term; election last held on 3 October 2010 with runoff on 31 October 2010 (next to be held on 5 October 2014 and, if necessary, a runoff election on 26 October 2014)
election results: Dilma ROUSSEFF (PT) elected president in a runoff election; percent of vote – Dilma ROUSSEFF 56.01%, Jose SERRA (PSDB) 43.99%
Legislative branch:
bicameral National Congress or Congresso Nacional consists of the Federal Senate or Senado Federal (81 seats; 3 members from each state and federal district elected according to the principle of majority to serve eight-year terms; one-third and two-thirds of members elected every four years, alternately) and the Chamber of Deputies or Camara dos Deputados (513 seats; members are elected by proportional representation to serve four-year terms)
elections: Federal Senate – last held on 3 October 2010 for two-thirds of the Senate (next to be held in October 2014 for one-third of the Senate); Chamber of Deputies – last held on 3 October 2010 (next to be held in October 2014)
election results: Federal Senate – percent of vote by party – NA; seats by party – PMDB 20, PT 13, PSDB 10, DEM (formerly PFL) 7, PTdoB 6, PP 5, PDT 4, PR 4, PSB 4, PPS 1, PRB 1, other 3; Chamber of Deputies – percent of vote by party – NA; seats by party – PT 87, PMDB 80, PSDB 53, DEM (formerly PFL) 43, PP 41, PR 41, PSB 34, PDT 28, PTdoB 21, PSC 17, PCdoB 15, PV 15, PPS 12, other 26
Judicial branch:
highest court(s): Supreme Federal Court (consists of 11 justices)
judge selection and term of office: justices appointed by the president and approved by the Federal Senate; justices appointed to serve until mandatory retirement at age 70
subordinate courts: Federal Appeals Court, Superior Court of Justice, Superior Electoral Court, regional federal courts; state court system
Political parties and leaders:
Brazilian Communist Party or PCB [Ivan Martins PINHEIRO]
Brazilian Democratic Movement Party or PMDB [Michel TEMER]
Brazilian Labor Party or PTB [Benito GAMA]
Brazilian Renewal Labor Party or PRTB [Jose Levy FIDELIX da Cruz]
Brazilian Republican Party or PRB [Marcos Antonio PEREIRA]
Brazilian Social Democracy Party or PSDB [Aecio NEVES]
Brazilian Socialist Party or PSB [Eduardo CAMPOS]
Christian Labor Party or PTC [Daniel TOURINHO]
Christian Social Democratic Party or PSDC [Jose Maria EYMAEL]
Communist Party of Brazil or PCdoB [Jose Renato RABELO]
Democratic Labor Party or PDT [Carlos Roberto LUPI]
the Democrats or DEM [Jose AGRIPINO] (formerly Liberal Front Party or PFL)
Free Homeland Party or PPL [Sergio RUBENS]
Green Party or PV [Jose Luiz PENNA]
Humanist Party of Solidarity or PHS [Eduardo MACHADO]
Labor Party of Brazil or PTdoB [Luis Henrique de Oliveira RESENDE]
National Ecologic Party or PEN [Adilson Barroso OLIVEIRA]
National Labor Party or PTN [Jose Masci de ABREU]
National Mobilization Party or PMN [Oscar Noronha FILHO]
Party of the Republic or PR [Alfredo NASCIMENTO]
Popular Socialist Party or PPS [Roberto Joao Pereira FREIRE]
Progressive Party or PP [Ciro NOGUEIRA]
Progressive Republican Party or PRP [Ovasco Roma Altimari RESENDE]
Social Christian Party or PSC [Vitor Jorge Abdala NOSSEIS]
Social Democratic Party or PSD [Gilberto KASSAB]
Social Liberal Party or PSL [Luciano Caldas BIVAR]
Socialism and Freedom Party or PSOL [Luiz ARAUJO]
United Socialist Workers’ Party or PSTU [Jose Maria DE ALMEIDA]
Workers’ Cause Party or PCO [Rui Costa PIMENTA]
Workers’ Party or PT [Rui FALCAO]
Political pressure groups and leaders:
Landless Workers’ Movement or MST
other: industrial federations; labor unions and federations; large farmers’ associations; religious groups including evangelical Christian churches and the Catholic Church
International organization participation:
AfDB (nonregional member), BIS, BRICS, CAN (associate), CD, CELAC, CPLP, FAO, FATF, G-15, G-20, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, LAS (observer), Mercosur, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS, OECD (Enhanced Engagement, OPANAL, OPCW, Paris Club (associate), PCA, SICA (observer), UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, Union Latina, UNISFA, UNITAR, UNMIL, UNMISS, UNMIT, UNOCI, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Mauro Luiz Iecker VIEIRA (since 11 January 2010)
chancery: 3006 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 238-2805
FAX: [1] (202) 238-2827
consulate(s) general: Atlanta, Boston, Chicago, Hartford (CT), Houston, Los Angeles, Miami, New York, San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador Liliana AYALDE (since 1 August 2013)
embassy: Avenida das Nacoes, Quadra 801, Lote 3, Distrito Federal Cep 70403-900, Brasilia
mailing address: Unit 7500, DPO, AA 34030
telephone: [55] (61) 3312-7000
FAX: [55] (61) 3225-9136
consulate(s) general: Rio de Janeiro, Sao Paulo
consulate(s): Recife
Flag description:
green with a large yellow diamond in the center bearing a blue celestial globe with 27 white five-pointed stars; the globe has a white equatorial band with the motto ORDEM E PROGRESSO (Order and Progress); the current flag was inspired by the banner of the former Empire of Brazil (1822-1889); on the imperial flag, the green represented the House of Braganza of Pedro I, the first Emperor of Brazil, while the yellow stood for the Habsburg Family of his wife; on the modern flag the green represents the forests of the country and the yellow rhombus its mineral wealth; the blue circle and stars, which replaced the coat of arms of the original flag, depict the sky over Rio de Janeiro on the morning of 15 November 1889 – the day the Republic of Brazil was declared; the number of stars has changed with the creation of new states and has risen from an original 21 to the current 27 (one for each state and the Federal District)
National symbol(s):
Southern Cross constellation
National anthem:
name: “Hino Nacional Brasileiro” (Brazilian National Anthem)
Economy
Economy – overview:
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, and a rapidly expanding middle class, Brazil’s economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments.
In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil’s commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery.
In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth in 2011-13. Unemployment is at historic lows and Brazil’s traditionally high level of income inequality has declined for each of the last 14 years.
Brazil’s historically high interest rates have made it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchange markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration’s commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.
GDP (purchasing power parity):
$2.416 trillion (2013 est.)
country comparison to the world: 8
$2.362 trillion (2012 est.)
$2.342 trillion (2011 est.)
note: data are in 2013 US dollars
GDP (official exchange rate):
$2.19 trillion (2013 est.)
GDP – real growth rate:
2.3% (2013 est.)
country comparison to the world: 136
0.9% (2012 est.)
2.7% (2011 est.)
GDP – per capita (PPP):
$12,100 (2013 est.)
country comparison to the world: 105
$11,900 (2012 est.)
$11,900 (2011 est.)
note: data are in 2013 US dollars
Gross national saving:
14.8% of GDP (2013 est.)
country comparison to the world: 108
15.2% of GDP (2012 est.)
17.6% of GDP (2011 est.)
GDP – composition, by end use:
household consumption: 62.5%
government consumption: 21.7%
investment in fixed capital: 18.3%
investment in inventories: 0%
exports of goods and services: 12.4%
imports of goods and services: -14.9%
(2013 est.)
GDP – composition, by sector of origin:
agriculture: 5.5%
industry: 26.4%
services: 68.1%
(2013 est.)
Agriculture – products:
coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus; beef
Industries:
textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
Industrial production growth rate:
3% (2013 est.)
country comparison to the world: 99
Labor force:
107.3 million (2013 est.)
country comparison to the world: 6
Labor force – by occupation:
agriculture: 15.7%
industry: 13.3%
services: 71%
(2011 est.)
Unemployment rate:
5.7% (2013 est.)
country comparison to the world: 54
5.5% (2012 est.)
Population below poverty line:
21.4%
note: official Brazilian data show 4.2% of the population being below the “extreme” poverty line in 2011 (2009 est.)
Household income or consumption by percentage share:
lowest 10%: 0.8%
highest 10%: 42.9% (2009 est.)
Distribution of family income – Gini index:
51.9 (2012)
country comparison to the world: 16
55.3 (2001)
Budget:
revenues: $851.1 billion
expenditures: $815.6 billion (2013 est.)
Taxes and other revenues:
38.9% of GDP (2013 est.)
country comparison to the world: 47
Budget surplus (+) or deficit (-):
1.6% of GDP (2013 est.)
country comparison to the world: 21
Public debt:
59.2% of GDP (2013 est.)
country comparison to the world: 50
58.8% of GDP (2012 est.)
Fiscal year:
calendar year
Inflation rate (consumer prices):
6.2% (2013 est.)
country comparison to the world: 180
5.4% (2012 est.)
Central bank discount rate:
10% (31 December 2013 est.)
country comparison to the world: 24
11% (31 December 2011 est.)
Commercial bank prime lending rate:
26.9% (31 December 2013 est.)
country comparison to the world: 2
36.64% (31 December 2012 est.)
Stock of narrow money:
$157.6 billion (31 December 2013 est.)
country comparison to the world: 25
$159.1 billion (31 December 2012 est.)
Stock of broad money:
$870.8 billion (31 December 2013 est.)
country comparison to the world: 19
$863.5 billion (31 December 2012 est.)
Stock of domestic credit:
$2.435 trillion (31 December 2013 est.)
country comparison to the world: 11
$2.381 trillion (31 December 2012 est.)
Market value of publicly traded shares:
$1.23 trillion (31 December 2012 est.)
country comparison to the world: 8
$1.229 trillion (31 December 2011)
$1.546 trillion (31 December 2010 est.)
Current account balance:
-$77.63 billion (2013 est.)
country comparison to the world: 191
-$54.23 billion (2012 est.)
Exports:
$244.8 billion (2013 est.)
country comparison to the world: 23
$242.6 billion (2012 est.)
Exports – commodities:
transport equipment, iron ore, soybeans, footwear, coffee, autos
Exports – partners:
China 17%, US 11.1%, Argentina 7.4%, Netherlands 6.2% (2012)
Imports:
$241.4 billion (2013 est.)
country comparison to the world: 23
$223.2 billion (2012 est.)
Imports – commodities:
machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics
Imports – partners:
China 15.3%, US 14.6%, Argentina 7.4%, Germany 6.4%, South Korea 4.1% (2012)
Reserves of foreign exchange and gold:
$378.3 billion (31 December 2013 est.)
country comparison to the world: 8
$373.1 billion (31 December 2012 est.)
Debt – external:
$475.9 billion (31 December 2013 est.)
country comparison to the world: 27
$438.9 billion (31 December 2012 est.)
Stock of direct foreign investment – at home:
$663.3 billion (31 December 2013 est.)
country comparison to the world: 12
$604.5 billion (31 December 2012 est.)
Stock of direct foreign investment – abroad:
$179.6 billion (31 December 2013 est.)
country comparison to the world: 25
$177.1 billion (31 December 2012 est.)
Exchange rates:
reals (BRL) per US dollar –
2.153 (2013 est.)
1.9546 (2012 est.)
1.7592 (2010 est.)
2 (2009)
1.8644 (2008)