Brazil

Latin America & Caribbean

Score

ModerateBB

Moderate Investment Destination

Growing economy with manageable risks — suitable for diversified portfolios

Score Breakdown

Economic Health (30%)52

Political Safety (25%)42

Business Climate (20%)48

Financial Strength (15%)50

Growth Potential (10%)65

Investment Profile

Economic

GDP$2170B

GDP Growth2.9%

GDP per Capita$10,100

Inflation4.6%

Current Account-2.5% GDP

Financial & Fiscal

Government Debt88% GDP

FDI Inflows3.0% GDP

Trade Openness33%

Credit RatingBB

Governance (WGI)

Political Stability-0.2

Rule of Law-0.1

Corruption Control-0.2

Regulatory Quality-0.1

Population216M

Pop. Growth0.5%

Sector Investment Analysis

Agriculture (Agribusiness)

6% of GDP

growing90

Mining

4% of GDP

growing78

Energy

5% of GDP

growing75

Financial Services

8% of GDP

stable72