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Where does Brazil's economy rank in the world?

Author

Olivia House

Published Mar 13, 2026

Where does Brazil's economy rank in the world?

Ranking the Richest Countries in the World
Top Ten Countries by Nominal GDP at Current U.S. Dollar Exchange Rates
United Kingdom$2.831.5%
France$2.721.5%
Italy$2.000.3%
Brazil$1.841.1%

Similarly one may ask, what rank is Brazil economy?

Brazil is the 83rd country in the world in GDP per capita, with a value of US$6,450 per inhabitant. The country is rich in natural resources.

Economy of Brazil.

Statistics
Population213,071,022 (April 2021)
GDP$1.49 trillion (nominal, 2021 est.) $3.32 trillion (PPP, 2021)
GDP rank13th (nominal, 2021)8th (PPP, 2021)

Also, how does Brazil rank compared to the rest of the world? Brazil is ranked 24th among 32 countries in the Americas region, and its overall score is below the regional and world averages. Brazil has given up some of the gains in economic freedom it achieved in 2020, resuming its decline in the ranks of the mostly unfree.

Beside above, what is Brazil's world rank?

Men

RKTeamTotal Points
1Belgium1832
2Brazil1820
3France1779
4Italy1751

What are the 10 largest economies in the world 2021?

Nominal GDP Rankings by Country

  • United States (GDP: 20.49 trillion)
  • China (GDP: 13.4 trillion)
  • Japan: (GDP: 4.97 trillion)
  • Germany: (GDP: 4.00 trillion)
  • United Kingdom: (GDP: 2.83 trillion)
  • France: (GDP: 2.78 trillion)
  • India: (GDP: 2.72 trillion)
  • Italy: (GDP: 2.07 trillion)

Is Brazil a powerful country?

China and Russia are the second and third most powerful countries, known for their military spending and vast physical expanse. China also has a large economy with a GDP of $14.3 trillion.

Most Powerful Countries 2021.

Power Rank19
CountryBrazil
GDP$1.88 Tn
GDP per Capita$8,897
2021 Population213,993,437

Where does Brazil rank in poverty?

Brazil poverty rate for 2019 was 19.60%, a 0.2% decline from 2018. Brazil poverty rate for 2018 was 19.80%, a 0.4% decline from 2017.

Brazil Poverty Rate 1981-2021.

Similar Country Ranking
Country Name% Under US $5.50 Per Day
Brazil19.60%
Paraguay15.40%
Dominican Republic12.40%

Where does Argentina economy rank in the world?

Argentina is a developing country. Its economy is the second-largest national economy in South America, behind Brazil.

Economy of Argentina.

Statistics
GDP$418.150 billion (nominal, 2021 est.) $1.015 trillion (PPP, 2021 est.)
GDP rank31st (nominal, 2021 est.) 28th (PPP, 2021 est.)

What is Brazil's main source of income?

Decomposing Brazil's income, we find that it is derived from the following three sectors: agriculture, industry, and services. According to 2014 estimates, 5.8% of Brazil's income came from agriculture, 23.8% from industry, and 70.4% from services.

Is Brazil a Third World country 2021?

Even though Brazil is now industrialized, it is still considered a third-world country. The main factor that distinguishes developing countries from developed countries is their GDP. With a per capita GDP of $8,727, Brazil is considered a developing country.

Is Brazil richer than India?

Comparing Economic Growth

Measured by aggregate gross domestic product (GDP), the Indian economy is larger than Brazil's. 9 Measured on a per capita basis, however, Brazil is far richer.

What makes Brazil the world's most closed economy?

The cause of Brazil's closed economy is the lack of trade dynamism at a company level. The characteristic of exporting companies in Brazil makes the lack of trade more apparent. There are fewer than 20,000 exporters in Brazil, roughly same as Norway. In comparison to larger countries, Brazil is an outlier.

Why is Brazil a good country?

Brazil is South America's most influential country, a rising economic power and one of the world's biggest democracies. A former Portuguese colony, Brazil has a highly diverse population, including indigenous Americans and the descendants of African slaves and European settlers.

Where does Brazil rank in education?

Brazil is ranked #32 in the world for education, but in the form of the Plano Nacional de Edcucacao (PNE), there are 21 measures that the country is taking to increase the quality of education in the country.

How is Brazil economy doing?

The COVID-19 pandemic exposed Brazil to an unprecedented health, social and economic challenge, leading to a 4.1 percent GDP decline in 2020, followed by a rebound in 2021.

What is Brazil the world's leading producer of?

Brazil is the world's leading producer of coffee; it was the country's most important single export in the early and mid-20th century.

What is special about Brazil?

Brazil is the only country in South America that speaks Portuguese (not Spanish or Brazilian). Brazil contains almost 60 percent of the Amazon rain forest. Brazil has the world's largest beach at 24,606 feet long. It is the longest country in the world from north to south via land, spanning approximately 2,800 miles.

Who is the richest country in the world?

The Richest Countries In The World Ranked
RankCountryGDP per capita (PPP) in Int $
1Luxembourg118,359.5
2Singapore98,526.0
3Ireland93,612.2
4Qatar89,948.6

Which country is No 1 in world?

The rankings measure global perceptions of 165 nations chosen because they contribute most to the world's GDP.

The World's Best Countries For Quality of Life, 2021.

RankCountryScore
1Finland99.06
2Denmark98.13
3Norway96.75
4Belgium96.53

Who has the strongest economy in the world?

The top 20 largest economies in the world by GDP
RankCountryGDP (Nominal) (billions of $)
1United States20,807.27
2China15,222.16
3Japan4,910.58
4Germany3,780.55

Is Dubai the richest country in the world?

The UAE is the third-richest country in the world, below Luxembourg at number two and Qatar at number one, with a GDP per capita of $57,744. The bulk of its money comes from the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.

Which country has lowest GDP?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.

The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

CharacteristicGDP per capita in U.S. dollars
Burundi253.59

Which nation has the highest GDP per capita?

GDP per Capita
#CountryGDP (nominal) per capita (2017)
1Qatar$61,264
2Macao$80,890
3Luxembourg$105,280
4Singapore$56,746