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Fast facts about Brazil    

• Brazil (one of the BRIC Countries) is the main economy in Latin America and the 12th largest economy in the world.

• GDP = USD 1,89 trillion; Population: 210 million inhabitants (6th largest wordlwide)

• It has the largest territory in the region and the fifth largest worldwide (8.5 million square meters)

• Language: Portuguese

• Currency: Real (R$) (1 U$ = 4.92 R$ on October, 10, 2023); Inflation rate: 5.79 % in 2022

• Brazil has large mineral reserves of iron, bauxite, copper, nickel, manganese, uranium and other ores.

• Off-shore oil reserves rank Brazil among the 10 countries with largest oil reserves worldwide.

• Brazil is a major exporter of aircraft, machinery, iron ore, steel, textiles, footwear, beef, tropical fruits and agricultural commodities.

• Brazil also has had a very successful program to use ethanol (sugarcane -derived) as a fuel in the automotive industry. Ethanol program has been successfully operating for more than 30 years.

• 75 % of the power consumed in Brazil comes from Hydroelectricity (which is a clean source of energy).