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In the year 1999, Brazil produced a gross domestic product (GDP) of R$44,403,000 million or US$2,223,737 million in nominal terms, ranking 7th worldwide, and Int$2,896,461 million in Purchasing Power Parity (PPP) terms, ranking 7th worldwide, according to the Brazilian Institute of Geography and Statistics (IBGE) and the International Monetary Fund (IMF).
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
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In the space of fifty five years (1950 to 2005), the population of Brazil grew from 51 million to approximately 187 million inhabitants, [62] an increase of over 2 percent per year. Brazil created and expanded a complex agribusiness sector. [61] However, some of this is at the expense of the environment, including the Amazon.
Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as ...
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Brazil's central bank have raised borrowing costs to a nearly six-year high to battle double-digit inflation this year, which has begun to weigh on domestic demand. Brazil GDP growth slows more ...
[1] [2] Successive updates have added countries (currently 183), years (1950-2019), and data on capital, productivity, employment and population. [3] The current version of the database, version 10, thus allows for comparisons of relative GDP per capita , as a measure of standard of living , the productive capacity of economies and their ...