Rank & Country GDP (USD billion) GDP Per Capita (USD thousand) #1 United States Of America (U.S.A) 28,783 85.37 #2 China 18,536 13.14 #3 Germany 4,730 56.29 #4 Japan 4,112 34.14 #5 India 3,942 2.73 #6 United Kingdom (U.K.) 3,502 51.07 #7 France 3,132 47.36 #8 Brazil 2,333 11.35 #9 Italy 2,332 39.58 #10 […]
Brazil’s Economic Resurgence After a seven-year hiatus, Brazil is poised to reclaim its status as the world’s eighth-largest economy in 2024, according to the latest data from IBGE (Brazilian Institute of Geography and Statistics). The Q1 2024 figures, which show a robust 0.8% growth, have prompted São Paulo-based Austin Ratings to project that Brazil’s GDP […]
On February 7, Brazil marked a landmark achievement, powering 92.4% of its electricity from renewables, as confirmed by the Ministry of Mines and Energy MME. Minister Alexandre Silveira praised this record, especially noting the peak energy use of 101,860 megawatts. Image by BNDES Brazil put into operation 621.56 MW of new renewable power plants in January […]
The government of President Luiz Inacio Lula da Silva unveiled plans on January 22, 2024 to invest 300 billion reais (60 billion dollars) in Brazil’s industry. The funding is the backbone of a proposal the government is calling “New Industry Brazil,” a comprehensive re-industrialization plan that will provide credit and funding for sectors such as […]
