Brazil's Economy and Role in Globalization
Address:
Sao Paulo - SP
SP, BR
Category: Globalization
Basic Economic Overview:
Brazil has the largest economy in South America and the 9th largest in the world. It is considered to be apart of the "Outreach Five" of the G-8 (+5). Brazil is a net exporter due to free trade and privitazation reforms in the 1990s. Brazil has a diversified middle income economy with wide variations in development levels and mature manufacturing, mining and agricultural sectors.
GDP: $1.804 trillion U.S. dollars
GDP growth rate: 4.9 %
Labor force of 99.47 million
composition: agriculture - 20%
