Country Overview
Economic Overview
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. However, public debt remains high, calling for and improved spending efficiency and the swift implementation of the recently established new fiscal framework. The planned reform of the consumption tax system will reduce compliance costs significantly. Productivity has declined over the past decade and rekindling it will require further structural reforms.
Consumer Spending
The total consumer spending in Brazil is forecast to amount to US$1.34tn in 2023
Trade Dynamics
Brazil's top export destinations are shown in the image to the right.
Government Spending
The total consumer spending in Brazil is forecast to amount to US$1.34tn in 2023
Investment Trends
The total consumer spending in Brazil is forecast to amount to US$1.34tn in 2023
