Brazil Quick Facts
Federative Republic of Brazil
Government
- Type: Federative republic.
- Independence: September 7, 1822.
- Constitution: Promulgated October 5, 1988.
- Branches: Executive–president (chief of state and head of government popularly elected to no more than two 4-year terms).Legislative–Senate (81 members popularly elected to staggered 8-year terms), Chamber of Deputies (513 members popularly elected to 4-year terms). Judicial–Supreme Federal Tribunal (11 lifetime positions appointed by the president).
People
- Population (July 2017): 207 million.
- Labor force (2017): 111.6 million.
- Language: Portuguese.
Economy (2017 )
- GDP (nominal exchange rate): $1.796 trillion.
- GDP (purchasing power parity): $3.141 trillion.
- Annual real growth: 0.7%.
- Per capita GDP (nominal exchange rate): $8,649.9.
- Per capita GDP (purchasing power parity): $$15,500.
- Natural resources: Iron ore, manganese, bauxite, nickel, uranium, gemstones, oil, wood, and aluminum. Brazil has 14% of the world’s renewable fresh water.
- Agriculture (6.2% of GDP): Products–coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus, beef
- Industry (21.0% of GDP): Types–steel, commercial aircraft, chemicals, petrochemicals, footwear, machinery, motors, vehicles, auto parts, consumer durables, cement, lumber, textiles, cement, iron, ore, tin.
- Services (72.8% of GDP): Types–mail, telecommunications, banking, energy, commerce, and computing.
Trade (2017)
- Trade balance — $19.4 billion surplus.
- Exports–$215.4 billion.
- Major markets–China 19%, US 12.6%, Argentina 7.3%, Netherlands 5.6% (2016)
- Imports–$151.9 billion.
- Major suppliers– US 17.6%, China 16.9%, Argentina 6.7%, Germany 6.6%, South Korea 4.4% (2016)
- Exchange rate (2017): U.S. $1 = 3.2 Brazilian reais.
References:
- CIA World Factbook
- U.S. Department of State Background Note
- CRS Report for Congress: Brazil-U.S. Relations.
- White House Fact Sheet: The U.S.-Brazil Bilateral Relationship