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The economy of Brazil is historically the largest in Latin America and the Southern Hemisphere in nominal terms. The Brazilian economy is the second largest in the Americas. It is an upper-middle income developing mixed economy. In 2023, according to International Monetary Fund (IMF), Brazil has the 9th largest gross domestic product (GDP) in the world and has the 8th largest purchasing power parity in the world.
In 2023, according to International Monetary Fund (IMF), Brazilian nominal GDP was US$2.126 trillion, the country has a long history of being among the largest economies in the world and the GDP per capita was US$$10,412 per inhabitant. (Full article...)