With a gross domestic product of $2.42 trillion, Brazil is already the world’s sixth largest economy—bigger than the UK. A diversity of trading partners, as well as a mix of agriculture, raw materials, manufacturing and services bodes well for continued growth and reduces vulnerability to global economic upheavals.

Budget balance is the difference between government revenues (such as taxes) and spending. A positive balance represents a surplus; a negative balance indicates a deficit

Enter your email to read the full article.

Already a subscriber? Log in here