The Economy of Brazil

Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries and is expanding its presence in world markets.

Since 2004, Brazil has enjoyed continued growth that yielded increases in employment and real wages. While economic management has been good, there remain important economic vulnerabilities. The most significant are debt-related.

A major challenge will be to maintain sufficient growth to generate employment and reduce the government debt burden.

The currency of Brazil is the Brazilian Real.