Brazil – The Country
Brazil offers investors a unique opportunity as one of the world's fastest growing economies, even during these turbulent times. With approximately 190 million inhabitants and forecast to be one of the world’s future economic superpowers, Brazil provides an increasingly attractive investment opportunity.
- Covering an area of 8.55 million sq km (3.3 million sq miles), Brazil is the 5th largest country in the world.
- It has borders with all the other countries of South America, except Chile and Ecuador, and it spans 3 time zones.
- Covering over one third of Brazil’s total land area, the rainforest grows around the massive Amazon River and its delta.
- Brazil has 14% of the world’s fresh water.
- Brazil has a population of approx. 190 million.
- Capital City: Brasilia. Largest city: Sao Paolo.
- Main language: Portuguese
- Monetary unit: 1 real = 100 centavos
- Brazil has a significantly young population. About 42% of the population is under 20 years of age and less than 7% is over 65. The average age in Brazil is 25 years old, so the rate of family formation is high and many are entering the period of their lives when they spend the most money. This is sustaining the growing consumer expenditure which currently represents 86% of Brazil’s economic growth.
- More than 80% of the population in Brazil is urban and approx 30% live in the ten principal metropolitan areas.
- There is a growing middle class. 55m have moved into the middle class in the last 3 years and it is now made up of 35% of the population.
- The population are one third richer now per head than 10 years ago and the same increase is expected again over the next 10 years.
- Brazilians are passionate about sport and the Government is investing huge amounts into improving the country’s infrastructure prior to hosting the 2014 World Cup and 2016 Olympic Games. This will provide benefits both socially and economically.
Brazil has an abundance of natural resources.
It has large oil reserves, making it self sufficient and likely to become one of the world’s top 5 oil producers in the coming years. This will increase future foreign exchange earnings, but the country's robust and varied economy means it shouldn't become dependent on oil.
It is the world’s 4th leading producer of iron ore and also has large reserves of timber, water, copper, uranium, tin, aluminium, platinum and coal.
Brazil has for centuries been known as a leading producer & exporter of the world's breakfast foods - orange juice, coffee, sugar and cocoa – but over the past two and a half decades, since the opening of the economy to foreign investment and through investment in technology and land, Latin America's largest economy has also become a leading producer of important grains and meats.
Brazil's main agricultural products and exports are: sugar, coffee, orange juice, beef, poultry, soybeans, corn, cocoa, timber, cotton, tobacco, ethanol.
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