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About Brazil

Total Population

203,429,773 (July 2011 est.)

Total area 3,287,612 sq mi (8,514,877 sq km)

Literac 88.6% y

Local Currency

Real (BRL)

GDP R$ 3.143 trillion

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History

In 1500, Portuguese explorer- Pedro Alvaras Cabral discovered Brazil.

Remained Portugal colony until Sep7, 1822. Brazil declared its independence from Portugal. Slavery fueled the Brazilian economy and was essential in sugar cane production and mining. 35% of all slaves exported in the Atlantic slave trade were brought to Brazil. Deodoro da Fonseca -first president
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GDP and GDP Growth rate

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Rank

Exports: Rank-23 $158.9 billion (2009 est.) $197.9 billion (2008 est.)

ExportImport

Exports - commodities: transport equipment, iron ore, soybeans,footwear, coffee, autos. Imports: Rank-25 $136 billion (2009 est.) $173.1 billion (2008 est.) Imports - commodities: machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronic
04-08 22.1 29.1 2009 -22.7 -26.3 2010 13.0 44.0 18.0 8.0

2011 Exports (% growth) 4/20/12 Imports (% growth)

The Brazilian Economy by Sector


Agriculture - products: Coffee, soybeans, wheat, rice, corn, sugarcane, cocoa. Brazil is the worlds leading producer and exporter of coffe-35%. Industries: Textiles, shoes, chemicals, cement, lumber, iron, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
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Inflation rate
Inflation is based upon the Brazilian consumer price index. The index is a measure of the average price which consumers spend on a market-based "basket" of goods and services. Inflation based upon the consumer price index (CPI) is the main inflation indicator in most countries.

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Strengths

Brazil is the most highly developed country out of all of South America It has a gross domestic product (GDP) of more than $2.194 trillion in purchasing power, and divided into 3 sections:

AGRICULTURE: The development in export crops helped Brazil expand into one of the world's largest soybean and cellulose exporters

INDUSTRY: iron and steel production, automobile assembly, petroleum processing, chemicals production, and cement making
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What is MERCOSUR

Is an economic and political agreement amongArgentina, Brazil, Paraguay and Uruguay. Its purpose is to promotefree trade and the fluid movement of goods, people, and currency.

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Current account balance

4/20/12 Current Account (% of GDP)

0.6 (04-08)

-1.5 (09)

-3.5

Investment (gross fixed) (%)

This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials

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Consumption rate

Amount of electricity consumed, expressed in kilowatt-hours

the total oil consumed in barrels per day (bbl/day).

the total natural gas consumed in cubic meters (cu m). 4/20/12