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Agriculture
Agriculture
6.24%
Industry
Industry
22.26%
Service
Service
58.88%
Non-agrarian Industries
Non-agrarian Industries
Major sectors including manufacturing, mining, and energy. Key manufacturing sectors include automotive, electronics, steel, and chemicals, while mining focuses on iron ore, bauxite, and other minerals. The energy sector, particularly oil and gas, is also a significant contributor.
Exports & Rank
Exports & Rank
In 2023, Brazil exported a total of $355 billion, ranking it as the 22nd largest exporter in the world.
Industrial Exports
Industrial Exports
Brazil's industrial exports are diverse and significant, with key products including mineral fuels, oil seeds, ores, and steel.
Trading Partners
Trading Partners
Brazil's major export partners are China, the United States, and Argentina, while its main import partners are China, the United States, and Germany.
GDP and PPP
GDP and PPP
Brazil's current Gross Domestic Product (GDP) is estimated at $2.31 trillion (nominal) and $4.89 trillion (PPP). In terms of nominal GDP, Brazil is ranked 10th in the world. When considering GDP based on Purchasing Power Parity (PPP), Brazil's rank is 7th.
https://www.worldeconomics.com/GrossDomesticProduct/Real-GDP-PPP/Brazil.aspx
GDP per Capita
GDP per Capita
In 2024, Brazil's nominal GDP per capita is estimated at $10,822, and its PPP GDP per capita is $22,930. Brazil ranks 78th globally by nominal GDP per capita and 79th by PPP GDP per capita in 2024.
https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=BR
Unemployment
Unemployment
The unemployment rate in Brazil is currently at 6.8%.
Poverty
Poverty
Approximately 27.5% of Brazil's population lived below the poverty line.
Life Expectancy
Life Expectancy
The average life expectancy of someone in Brazil is 73.42 years with their rank being 67th.
https://www.worldlifeexpectancy.com/brazil-life-expectancy
Infant Mortality
Infant Mortality
Brazil's infant mortality rate was 12.5 deaths per 1,000 live births, marking its lowest point in recent years. Brazil ranks 93rd.
https://www.macrotrends.net/global-metrics/countries/BRA/brazil/infant-mortality-
Physicians Density
Physicians Density
Brazil had approximately 2.41 physicians per 1,000 people.
School Life Expectancy
School Life Expectancy
In Brazil, women generally have a higher school life expectancy than men, with 15 years for males and 16 for females
https://www.indexmundi.com/brazil/school_life_expectancy_(primary_to_tertiary_education).html
Literacy Rate
Literacy Rate
Brazil literacy rate for 2022 was 94.69%, a 1.46% increase from 2018.
Education Spending
Education Spending
In 2022, Brazil spent approximately 4.9% of its Gross Domestic Product (GDP) on education. With Brazil being ranked 103rd.
HDI
HDI
Brazil's HDI ranking is high, as of 2022 the HDI value was 0.760. This places Brazil as being ranked 89th. Evidence supporting this is having high amounts of exports, imports, and high literacy rate. Though Brazil has high percentages of unemployment and is ranked medium low in infant mortality, life expectancy, and GNI. All these factores come together to place Brazil as having a high human development index.
https://hdr.undp.org/data-center/specific-country-data#/countries/BRA
Rostow
Rostow
Brazil is considered to be in the fourth stage of Rostows developmental stages. This is known as the drive to maturity. In this stage there there is a sustained periods of economic diversification, increased investment, and rising standards of living. This is reflected in Brazil being considered to have a high HDI, which requires rising standards of living. In addition to this Brazil is a Semi-Periphery country.
https://www.thoughtco.com/rostows-stages-of-growth-development-model-1434564
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