As Latin America’s primary economy, Brazil is among the ten largest economies in the world, with a Gross National Product (GNP) on the order of R$ 3 trillion. With a territorial area covering 8,511,965 km2, Brazil is the biggest country in South America, the third biggest in the Americas, and the fifth biggest in the world, with an estimated population of 190 million inhabitants.
Known for having the greatest biodiversity on the planet, Brazil has also awakened the interest of investors by reason of its vast range of natural resources. The country’s economy is based on a strong industry and diversified agriculture, and it is one of the leading pioneers in the research and development of technologies applied to the industrial sector.
Considered a non-interventionist market economy, the country’s international transactions are in a state of constant growth.
Over the past few years, Brazil has experienced exports that are 5 percentage points above the world average. This performance is directly related to the expansion and upgrade of its industrial park and the introduction of innovative technologies in agricultural production.
By adopting macroeconomic policies that sustain an efficacious circle of growth, Brazil has kept inflation at stable levels, reduced public debt, and enlarged its international reserves, thereby protecting itself from outside shocks and reinforcing confidence in its economy.
Furthermore, its political stability, current laws, and public and private institutions comprise a system that is amicable to relationships with investors, thus contributing to the risk-rating agencies placing Brazil on a select list of countries with investment grade level.
The country is notable for having one of the world’s major democracies, with 21 years of existence. Brazil has adopted the republican regime since 1889. The presidential system, the federative division of states, the free, democratic choice of its governing body, and the autonomy of its three branches make the country one of the most reliable and promising emerging nations.
Unique in electing its representative exclusively through electronic voting, Brazil is a world reference in holding direct elections and exports its know-how to various other nations.