Lewes, DE -- (SBWIRE) -- 05/14/2019 -- Before the general election, market analyst forecasted a 3 percent growth for Brazil's GDP in 2019. But the current market scenario is heading towards Brazil's disappointing rate of 1% growth. The Central Bank's Economic Activity Index showed a 0.73-percent retraction in the economy in February against January. Leading banks also to forecast a decline of the GDP for 2019's first quarter.

Brazil, officially the Federative Republic of Brazil, is the largest country in both South America and the Latin American region. It is the world's 5th largest country, both by geographical area and by population. It is the largest Lusophone country in the world and the only one in the Americas. Bounded by the Atlantic Ocean on the east, Brazil has a coastline of 4,655 miles. It is bordered on the north by Venezuela, Guyana, Suriname and the French overseas region of French Guiana; on the northwest by Colombia; on the west by Bolivia and Peru; on the southwest by Argentina and Paraguay and on the south by Uruguay. Numerous archipelagos form parts of Brazilian territory, such as Fernando de Noronha, Rocas Atoll, Saint Peter and Paul Rocks, and Trindade and Martim Vaz.

Brazil had an estimated population of 206.101 million in the year 2016 and expected to reach 214.768 million by 2022. Brazil's unemployment rate was 11.267% of the total labor force for the same period.

Brazil's real gross domestic product (GDP) was around BRL 1147.08 billion in 2016 whereas the nominal GDP was BRL 6266.90 billion. This resulted in a GDP deflator 546.337. Per capita GDP was estimated at USD 8726.90 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 15241.73.

In 2016, the Brazilian government's revenue was BRL 2046.97 billion whereas the expenditure was BRL 2609.38 billion. This resulted in the Brazilian government's net lending / borrowing negative at BRL 562.409 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Brazil was estimated to be negative at USD 23.507 billion for the year 2016 and is expected to decline at a CAGR of 0.51.996% and reach USD 51.148 by 2022. This negative current account balance indicates Brazil is net borrower from the whole world.

Scope of Brazil – PESTLE Analysis Report
- This report provides information about key macroeconomic indicators for Brazil.
- This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Brazil.

For more information and to purchase Brazil PESTLE Analysis & Macroeconomic Trends Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/brazil-pestle-analysis-macroeconomic-trends-market-research-report

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