01.03.01. Strength of the economy | Brazil

01.03.01. Strength of the economy | Brazil

30 Mar 2022

According to the World Bank metrics, Brazil is an upper middle-income country and one of the biggest economies in the world. In 2017, the GDP per capita (PPP – current international $), was 15,553.4 – representing a total economic turnover of 2,056 trillion USD. Comparatively, Mexico has 1.15 trillion USD and Argentina has 637.6 billion. Brazil has experienced a remarkable growth in the last decade, which made  the country become the fifth largest economy in the world (The World Bank, 2019).

References:

The World Bank. (2019). The World Bank Data. https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD