Thought for the day

Brazil Experiences a Decade of Stagnation

26 September 2022
Brazil fails to live up to BRIC moniker as an upcoming Emerging Market

Brazil's GDP Growth
Index: 1995=100
Brazil Experiences a Decade of Stagnation
* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.

Brazil’s economy has marked time in the last decade underperforming as an Emerging Market. Earmarked for its growth potential as a member of the BRIC group (Brazil, Russia, India, China), it has delivered a poor cumulative average ten-year annual growth rate of real GDP of only 0.3% compared to 5.4% in India and 6.7% in China. See more data...

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