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Brazil Property Group and Market Intelligence - Brazil Real Estate for Sale

Brazil's Growing Economy

Brazil's Growing Economy

Brazil is an incredibly fascinating and beautiful country. It is the fifth largest country in the world, it borders every single South American country apart from Ecuador and Chile, and it has the 10th largest GDP in the world.

Brazil is one of the four largest developing economies in the world (the three others being China, India and Russia) and according to Goldman Sachs, by 2050 Brazil will be the world's 5th biggest economy.

Since Brazil's new administration took office in 2003, the government has succeeded in creating an economy ripe for foreign investor interest and promoting a fiscal and political environment conducive to growth.

Local and international confidence in the Brazilian administration has grown rapidly the last years and this confidence has been based upon the government's sustained and so far successful policies to create a far more resilient economy with reduced inflation, a stable currency and strong export performance.

In 2004 and 2005 the Brazilian economy saw strong and sustainable increases in GDP while inflation (currently approx. 5.4%) was significantly reduced and expectations predict that inflation will further decline.

A few examples of where Brazil stands at the moment:
  • Has the largest and most diversified industrial park in Latin America and the Caribbean
  • The world's largest producer of coffee, oranges and sugarcane
  • Is one of the world's leading producers of commercial jets
  • Has one of the most modern and cutting edge banking systems in the world
  • Is the eighth largest producer of steel in the world
  • Has the seventh largest chemical industry in the world
  • Is the third largest shoe producer in the world and has a highly competitive leather industry
  • Has the fifth largest rubber industry in the world
  • Has 22% of the world's arable land
  • Has a modern and competitive textile industry which trades $21 billion per year
  • Compared to most developed countries, the Brazilian population is very young and hence offers the country a bright future