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Country Forecast Brazil March 2022 Updater
Country Forecast. Brazil, 2022
2022 The Economist Intelligence Unit Ltd. All rights reserved. Reproduced with permission of the copyright owner. No further reproduction is permitted. ;ISSN: 0966-9361 ;EISSN: 2048-9218
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Title:
Country Forecast Brazil March 2022 Updater
Subjects:
Bolsonaro, Jair
;
Budgets
;
Central banks
;
Constitutional review
;
Coronaviruses
;
COVID-19
;
Foreign exchange rates
;
GDP
;
Gross Domestic Product
;
Infrastructure
;
Interest rates
;
International trade
;
Labor market
;
Lines of credit
;
Local elections
;
Pandemics
;
Politics
;
Presidents
;
Purchasing power parity
;
Tax reform
;
Trade surplus
Is Part Of:
Country Forecast. Brazil, 2022
Description:
Following a dip this year resulting from higher nominal GDP and transfers by BNDES (the national development bank), the debt ratio will exceed 90% by 2026, owing to tepid fiscal consolidation progress and subdued economic growth. Key indicators Key indicators 2021 2022 2023 2024 2025 2026 Real GDP growth (%) 4.8 0.3 1.6 1.5 1.6 1.8 Consumer price inflation (av; %) 8.3 7.6 4.4 3.4 3.3 3.2 Total public-sector budget balance -4.5 -7.7 -8.6 -8.8 -8.2 -7.8 Current-account balance (% of GDP) -1.8 -2.0 -2.6 -3.1 -3.5 -4.0 Selic overnight rate (av; %) 4.7 9.9 7.2 5.5 5.0 4.9 Exchange rate R: After gaining independence, central bank improves efficiency and competitiveness, reducing borrowing costs. Fact sheet Annual data 2021a Historical averages (%) 2017-21 Population (m) 213.3 Population growth 0.8 GDP (US$ bn; market exchange rate) 1,591.4 Real GDP growth 1.0 GDP (US$ bn; purchasing power parity) 3,418 Real domestic demand growth 1.0 GDP per head (US$; market exchange rate) 7,460 Inflation 4.5 GDP per head (US$; purchasing power parity) 16,025 Current-account balance (% of GDP) -2.1 Exchange rate (av) R:
Publisher:
New York: The Economist Intelligence Unit N.A., Incorporated
Language:
English
Identifier:
ISSN: 0966-9361
EISSN: 2048-9218
Source:
AUTh Library subscriptions: ProQuest Central
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