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Bookmark or Share- Brazil Economy, Politics and GDP Growth SummaryAfter slowing in late 2023 owing to the legacy of high interest rates, economic activity will gain traction as inflation eases and the central bank continues to loosen monetary policy; it has already cut the Selic rate by 250 basis points since its easing cycle began in August last year.
- Economy of Brazil - WikipediaThe country is rich in natural resources. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy.
- Brazil economic outlook | Deloitte InsightsBrazil’s economy remains in decent shape, thanks to its tight labor market and stronger business investment—but imbalances and risks remain. The central bank’s policy rate will likely continue to be overly restrictive as long as the government runs primary deficits.
- Brazil - Economy, Agriculture, Trade | BritannicaBrazil’s economic history can be largely characterized as a cycle of booms and busts. From the 16th to the mid-20th century, the country was heavily dependent on one or two major agricultural products, whose prices fluctuated widely on international markets.
- Brazil Economic Snapshot - OECDLatest Economic Survey of Brazil (December 2023) The Brazilian economy rebounded strongly after the Covid-19 pandemic. Resilient domestic demand, supported by social transfers, continues to drive growth. Inflation is decreasing, providing room for further monetary policy easing.
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