Mix Max Nutty Bag: Brazil Fascinating Growing Country Video with Strong Economy

Wednesday, October 31, 2012

Brazil Fascinating Growing Country Video with Strong Economy

11 June 2012 (Chicago)—Today A.T. Kearney's Global Consumer Institute released the 2012 Global Retail Development Index (GRDI), a ranking of the top 30 developing countries for global retail expansion. Brazil, is #1 for the second year in a row driven by a growing middle class economy, high consumption rates, a large, urban population, and reduced political and financial risk. In addition, Brazil's relatively young population and high per capita spending in the apparel and luxury sectors make this country a top destination for specialty retailers.

Statistics
Rank	6th (nominal) / 7th (PPP)
Currency	Brazilian real (BRL, R$)
Fiscal year	Calendar year
Trade organisations	Unasul, WTO, Mercosur, G-20 and others
GDP	$2.493 trillion (2011 est.) (nominal)^[1] $2.309 trillion (PPP)^[1]
GDP growth	2.7% (2011)^[2]
GDP per capita	$12,916 (2011) (nominal; 53th)^[1] $11,845 (2011) (PPP; 74th)^[1]
GDP by sector	agriculture: 5.5%, industry: 27.5%, services: 67% (2011 est.)^[2]
Inflation (CPI)	5.24% (March 2012)^[3]
Population below poverty line	8.5% (2011)^[4]
Gini coefficient	49.3 (June 2009)^[5]
Labour force	104.7 million (2011 est.)
Labour force by occupation	agriculture: 20%, industry: 14% and services: 66% (2003 est.)
Unemployment	5.3% (August 2012)^[6]
Main industries	textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
Ease of Doing Business Rank	130th (2013)^[7]
External
Exports	$256 billion (2011 est.)^[8]
Export goods	transport equipment, iron ore, soybeans, footwear, coffee, autos
Main export partners	China 17.3%, US 10.1%, Argentina 8.9%, Netherlands 5.3% (2011)
Imports	$219.6 billion (2011 est.)^[8]
Import goods	machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics
Main import partners	US 15.1%, China 14.5%, Argentina 7.5%, Germany 6.7%, South Korea 4.5% (2011)
Gross external debt	$397.5 billion (31 December 2011 est.)
Public finances
Public debt	54.2% of GDP (2011 est.)^[9]
Revenues	$978.3 billion (2011 est.)
Expenses	$901 billion (2011 est.)
Credit rating	A- (Domestic) BBB (Foreign) A- (T&C Assessment) (Standard & Poor's)^[10] A+ (Wikirating)
Foreign reserves	$376 billion (July 2012)^[11]

Rank	Country/Region	2010 GDP (millions of US$)
—	World	62,633,783
1	United States	700714447100000000014,447,100
2	China	70065739358000000005,739,358
3	Japan	70065458873000000005,458,873
4	Germany	70063280334000000003,280,334
5	France	70062559850000000002,559,850
6	United Kingdom	70062253552000000002,253,552
7	Brazil	70062088966000000002,088,966
8	Italy	70062051290000000002,051,290
9	India	70061722328000000001,722,328
10	Canada	70061577040000000001,577,040