Brazil Economy

Brazil Economy  | read this item

Brazil is ranked as the 70th in the world’s freest economy list. The country has the population of 178.7 millions, as it was reported by the World Bank in 2004. The density of population per square kilometer made up 21 in 2003.

The average annual population growth rate during the period of 1990—2003 was as high as 1.4 percent.

The life expectancy rate in Brazil is estimated as 68.7 years, as of 2003.

In the same year, the infant mortality rate per one thousand births made up 33.0 compared to 35.0 in the year 2000.

As far as literacy rate is concerned, for adult males it amounted to 88.3 in the year 2003 compared to that for female adult that was estimated at 88.6.

The Gross National Income of Brazil (Atlas Method) amounted to 522.1 billions in 2004. In the previous year the figure was estimated at 486.9 billion.

The same figure per capita in the year 2004 equaled to 3,090.0.

The Gross Domestic Product was 604.0 billions in 2004–2005.

The GDP growth rate per year reached 5.2 percent in the year 2004 compared to 0.5 percent a year earlier. The growth rate is expected to be maintained at 3.5 per cent during 2004—2008.

Topics: economy, gdp growth, gdp growth rate, gross domestic product, gross national income, life expectancy, mortality rate, population, population growth, population growth rate, world bank