Thought for the day

Brazil Experiences a Decade of Stagnation


 
Last updated: 3 July 2024
 
Brazil fails to live up to BRIC moniker as an upcoming Emerging Market

Brazil's GDP Growth
Index: 1998=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* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.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 massively underperforming as an Emerging Market. Once earmarked for its growth potential as a member of the BRIC group (Brazil, Russia, India, China), it has delivered a relatively poor cumulative average ten-year annual growth rate of real GDP of 0.6% compared to 8.5% in India and 8.6% in China.

See the Brazil Review...



More perspectives using World Economics data

China Business Confidence Improves in November
China Business Confidence Improves in November
Chinese Services sector activity has continued to support overall growth in the Chinese economy in recent months, despite obvious problems in the Manufacturing sector. Recent months data have suggested that even the Services sector has been teetering on the verge of recession. However the just released November data suggests that a turning point may have been reached. The crucial Business Confidence i...
Dramatic Demographic Decline in East Asia
Dramatic Demographic Decline in East Asia
East Asia has been the primary driving force in global growth over the recent decades, but rapidly falling fertility rates suggest the region may cede its lead over the coming years. Childbearing levels across the region have been, on average, below the replacement rate since 2010. Other factors, such as disease and war, can affect population numbers, but fertility is by far the greatest indicator ove...
First November US Economic Data Shows Spectacular Trump Effect
First November US Economic Data Shows Spectacular Trump Effect
Donald Trump's US Election win has had an extraordinary impact on key US Economic Indexes. The US Sales Managers Survey , in existence for 13 years, has recorded a previously unheard of 5.1 Index points increase in Business Confidence. Its sister Index, the Sales Managers Sales Growth Index rose to a near 6 year high in November, jumping an equally unheard of 4.6 Index points to reside at a very h...