The statistic shows the gross domestic product (GDP) per capita in Brazil from 2012 to 2016, with projections up until 2022. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2016, the estimated GDP per capita in Brazil amounted to around 9,894.93 U.S. dollars. For further information see GDP of Brazil.
Economical future of Brazil
GDP per capita is worked out by taking the country’s total gross domestic product and dividing it by the total population, which essentially helps determine growth of an economy as well as changes in productivity for every person living in the country. As a member of economic organizations such as the G20 as well as the BRIC countries, Brazil has certainly made its mark as one of the strongest economies in the world. Despite experiencing economic fluctuations often, the general direction of the Brazilian economy is mainly positive. With recent improvements within the government, bank and education systems, Brazil has become a slightly more significant option for international investments.
Additionally, a profusion of natural resources, a strong agricultural and industrial sector, and a growing service sector has made investors more intrigued in the future of the country. Additionally, at the end of 2014, consumer confidence saw a slight, however noticeable improvement, implying that individual financial situations and hope for the future of the country are very present within the country. Shortly after, consumer confidence plummeted, showing little faith in Brazil's economic future. However, the economic benchmarks point in a different direction.
