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Doing Business In - Brazil

At a Glance

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  • 8,514,876.60 km2, 27 federation units and 190.73 million people.
     
  • The eighth highest GDP worldwide, and potentially the seventh in 2011, according to a November 2010 IMF forecast.
     
  • A Merrill Lynch Bank report says that there are over 130,000 individuals in Brazil with investment holdings of at least US$ 1 million.
     
  • In 2009, Brazil surpassed Australia and Spain in total number of millionaires, becoming the number-ten nation in terms of bank accounts with over six zeros.
     
  • Brazil has outdone the U.S. and Europe and has become the third best destination for multinational investments, behind China and India.
     
  • The automobile industry is growing in Brazil: the production of cars increased 14,3% in 2010 (over 2009) and reached 3.64 million units.
  • 2010 was the best year in the last 24 years for the construction sector in Brazil. The segment generates more than 330,000 new jobs and was responsible for R$ 80 billion in housing loans.
  • Unemployment rate is at the lowest level since 2002, when IBGE (The Brazilian Institute of Geography and Statistics) started to conduct this study.