Brazil GDP Data & Country Report

Brazil Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Brazil; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Central Bank of Brazil

International Reserves

US$ 349.708 billion (Source: IMF; Data updated: November 2011)

Gross Domestic Product - GDP

US$ 2.422 trillion (2009 estimate)

GDP (Purchasing Power Parity)

2.294 trillion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
4.3%	1.3%	2.7%	1.1%	5.7%	3.2%	4%	6.1%
2008	2009	2010	2011*
5.1%	-0.6%	7.5%	4.5%

*Estimate

GDP per capita - current prices

US$ 12,423 (2009 estimate)

GDP per capita - PPP

$11,767 International Dollars (2009 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
3.91%	3.34%	2.93%	2.94%	2.89%

**Forecast

GDP - composition by sector

agriculture: 5.8%
industry: 26.9%
services: 67.3% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
5.7%(2008)	4.9%	5%	6.3%

*Estimate

Unemployment rate

2008	2009	2010	2011*
7.9%	8.1%	6.7%(2009)	6.7%

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
65.2%	64.1%	67.9%	66.1%	65.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-2.6%	-1.3%	-3.2%	-1.7%	-1.2%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: BBB-/Stable/A-3

Moody's rating: Baa3

Moody's outlook: POS

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$1.370 trillion	US$589.384 billion	US$1.167 trillion

Largest companies in Brazil

Petrobras-Petróleo Brasil (Oil & Gas Operations), Banco Bradesco (Regional Banks), Banco do Brasil (Major Banks), Vale (Diversified Metals & Mining), Itaúsa (Conglomerates), Tele Norte Leste (Telecommunications services), CSN-Cia Siderurgica (Iron & Steel), Usiminas (Iron & Steel)
(2011)

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -62.6 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-2.6% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

12.8% (2009)

(Data released on December 2010)

Shares in world total merchandising export

1.33%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.82%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$199.7 billion f.o.b. (2010 estimate)

Export commodities

transport equipment, iron ore, soybeans, footwear, coffee, autos

Total imports

US$176 billion f.o.b. (2008 estimate)

Import commodities

machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics

Exports - major partners

US 16.1%, Argentina 9.2%, China 6.8%, Netherlands 5.6%, Germany 4.6% (2007)

Imports - major partners

US 15.7%, China 10.5%, Argentina 8.6%, Germany 7.2%, Nigeria 4.4% (2007)

FDI inflows

2008	2009	2010
US$45,058 million	US$25,949 million(2009)	US$48,438 million(2009)

FDI outflows

2008	2009	2010
US$20,457 million	US$-10,084 million	US$11,519 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
US$5,243 million	US$2,501 million(2009)	US$7,757 million(2009)	US$3,384 million

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Vale SA, Bunge Participacoes e Investimentos SA, Brazil, $3.8 billion
(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 127 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 128 out of 183 countries(2009)

Registering property: 122 out of 183 countries

Paying Taxes: 152 out of 183 countries

Getting credit: 89 out of 183 countries

Protecting investors: 74 out of 183 countries

Trading across border: 114 out of 183 countries

Enforcing Contracts: 98 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 113 Score: 56.3 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC-3

Total area

8,514,877 km² (2006)

Capital

Brasilia (2009)

Currency

reals (BRL) (2009)

Government type

federal republic (2009)

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 (nominal) 73.6%, Protestant 15.4%, Spiritualist 1.3%, Bantu/voodoo 0.3%, other 1.8%, unspecified 0.2%, none 7.4% (2000 census)

Total population

1980	1990	2000	2010*	2015**
118.56 million	146.59 million	171.28 million	193.25 million	199.49 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
44.9%	67.4%	81.2%	86%

Population median age

27.0 years (2006)

Population growth rate

0.9% (2009)

Life expectancy

72 years (2007)

Adult literacy

91% (2000/2007)

% of population living on less than $2 a day

9.87% (2011)

Inequality of wealth distribution (Gini index)

53.9 (2009)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

125.72% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

40.65% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Brasilia: 33rd (2011)

CO2 emissions
(Metric tons of CO2 per capita)

2.0483 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TREASURY & CASH MANAGEMENT BANKS & PROVIDERS

2012:

Best Provider of Money Market Funds Banco Bradesco (Latin America, 2012)

2011:

Best Provider of Money Market Funds Banco Bradesco (Latin America, 2011)

2010:

Best Provider of Money Market Funds Banco Bradesco (Latin America, 2010)

2009:

Best Provider of Money Market Funds Banco Bradesco (Latin America, 2009)

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2012:

COUNTRY WINNERS Itaú Unibanco (National, 2012)

2011:

COUNTRY WINNERS Itaú Unibanco (National, 2011)

2010:

COUNTRY WINNERS Itaú Unibanco (National, 2010)

2009:

COUNTRY WINNERS Itaú (National, 2009)

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks Banco Bradesco (National, 2011)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Consumer Internet Banks HSBC (National, 2010)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Consumer Internet Banks HSBC (2009)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)

WORLD'S SAFEST BANKS

2012:

REGIONAL WINNERS Itaú Unibanco Holding (Latin America, 2012)
REGIONAL WINNERS Banco Bradesco (Latin America, 2012)
REGIONAL WINNERS Banco do Brazil (Latin America, 2012)

2011:

REGIONAL WINNERS Itaú Unibanco (Latin America, 2011)
REGIONAL WINNERS Banco Bradesco (Latin America, 2011)

WORLD'S BEST EMERGING MARKET BANKS

2012:

COUNTRY WINNERS Itaú Unibanco (National, 2012)

2011:

COUNTRY WINNERS Itaú Unibanco (National, 2011)

2010:

COUNTRY WINNERS Itaú Unibanco (National, 2010)

2009:

COUNTRY WINNERS Itaú Unibanco (National, 2009)

WORLD'S BEST SUB CUSTODIANS

2011:

COUNTRY WINNERS Citi (National, 2011)

2010:

COUNTRY WINNERS Citi (National, 2010)

2009:

COUNTRY WINNERS Itaú Unibanco Banco Multiplo (National, 2009)

WORLD'S BEST INVESTMENT BANKS

2012:

Best Investment Bank Itaú BBA (Latin America, 2012)
Best M&A Bank BTG Pactual (Latin America, 2012)
COUNTRY WINNERS Bradesco BBI (National, 2012)

2011:

DEALS OF THE YEAR / Lead Manager Banco Bradesco BBI (Global, 2011)
DEALS OF THE YEAR / Global Bookrunners Itaú BBA (Global, 2011)
COUNTRY WINNERS BTG Pactual (National, 2011)

2010:

Best M&A Bank BTG Pactual (Latin America, 2010)
LEGAL ADVISERS Pinheiro Neto Advogados (Latin America, 2010)
COUNTRY WINNERS BTG Pactual (National, 2010)

2009:

LEGAL ADVISERS Mattos Filho, Veiga Filho, Marrey Jr e, Quiroga Advogados (Latin America, 2009)
COUNTRY WINNERS Banco Itaú (National, 2009)

CENTRAL BANKER REPORT CARD

2011:

Grade: B+ (Alexandre Tombini, 2011)

2010:

Grade: B+ (Henrique de Campos Meirelles, 2010)

2009:

Grade: B+ (Henrique de Campos Meirelles, 2009)

WORLD'S BIGGEST BANKS

2011:

OVERALL BIGGEST Itaú Unibanco (Global, 2011)
OVERALL BIGGEST Banco Bradesco (Global, 2011)
OVERALL BIGGEST Caixa Econômica Federal (Global, 2011)
OVERALL BIGGEST Banco Santander-Brasil (Global, 2011)
OVERALL BIGGEST Banco do Brasil (Global, 2011)

2010:

BIGGEST BANK IN LATIN AMERICA Banco do Brasil (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA Itaú Unibanco (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA Banco Bradesco (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA Bancontander (Brasil) (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA BrazilCaixa Econômica Federal (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA HSBC Bank Brasil -Banco Multiplo (Latin America, 2010)
BIGGEST BANK IN LATIN AMERICA Banco Votorantim (Latin America, 2010)

TOP 200 EMERGING MARKETS BANKS

2010:

OVERALL BIGGEST Banco do Brasil (Global, 2010)
OVERALL BIGGEST Itaú Unibanco (Global, 2010)
OVERALL BIGGEST Banco Bradesco (Global, 2010)
OVERALL BIGGEST Bancontander (Brasil) (Global, 2010)
OVERALL BIGGEST Caixa Econômica Federal (Global, 2010)
OVERALL BIGGEST HSBC Bank Brasil -Banco Multiplo (Global, 2010)
OVERALL BIGGEST Banco Votorantim (Global, 2010)
OVERALL BIGGEST Banco Bradesco Financiamentos (Global, 2010)
OVERALL BIGGEST Bancofra (Global, 2010)
OVERALL BIGGEST Banco Citibank (Global, 2010)
OVERALL BIGGEST Banco do Estado do Rio Grande do Sul (Global, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

COUNTRY WINNERS Itaú Unibanco (National, 2012)

2011:

COUNTRY WINNERS Itaú Unibanco (National, 2011)

2010:

COUNTRY WINNERS Itaú Unibanco (National, 2010)

2009:

COUNTRY WINNERS Itaú (National, 2009)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Brazil GDP Data & Country Report | Global Finance

WORLD'S BEST TREASURY & CASH MANAGEMENT BANKS & PROVIDERS

2012:

2011:

2010:

2009:

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2012:

2011:

2010:

2009:

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S SAFEST BANKS

2012:

2011:

WORLD'S BEST EMERGING MARKET BANKS

2012:

2011:

2010:

2009:

WORLD'S BEST SUB CUSTODIANS

2011:

2010:

2009:

WORLD'S BEST INVESTMENT BANKS

2012:

2011:

2010:

2009:

CENTRAL BANKER REPORT CARD

2011:

2010:

2009:

WORLD'S BIGGEST BANKS

2011:

2010:

TOP 200 EMERGING MARKETS BANKS

2010:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

2011:

2010:

2009: