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

Member Only Content

To continue reading, purchase this article or become a member.

*Already have an account? Click here to login