Brazil Economy

Brazil Economic Profile, Brazilian Economy, Brazil's Economy, Economy of Brazil

Brazil Economy is the world's 70th freest economy. The total population was 178.7 millions according to the world bank report in the year 2004 in contrast to the 541 millions in the Latin American and Caribbean nations. The density of population per square Kilometer was 21 in the year 2003.

A stalemate is being marked with regards to the annual growth rate of population i.e. 1.2 percent. The annual population growth in the year 2004 was lower in comparison to the Latin American and Caribbean countries of 1.4 percent. The average annual growth rate of population between 1990-2003 was 1.4 percent. The life expectancy was at 68.7 years in the year 2003. The infant mortality rate per one thousand life births has declined to 33 in 2003 from 35 in the year 2000.The literacy rates for adult males (% of male ages 15 and above) were 88.3 in 2003, which is, less than to the adult females of 88.6. Economic Indicators of Brazil Economy The GNI in the Atlas method was at 522.1 billion (US $ Current) in the year 2004 in comparison to 486.9 billion (US $ Current) in the previous year.
The GNI percapita was at 3,090.0 (US $ Current) in 2004.The absolute value of Gross Domestic product in the year 2004-05 was at US $ 604.0 Billion.
The annual growth rate of GDP was at 5.2 percent in the year 2004 in comparison to the 0.5 percent in the previous year. The anticipated Growth rate of GDP is kept at 3.5 percent in the period of 2004-08