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Recent FDI and a surge in IPOs have brought the economy in Ceará to the forefront in Northeast Brazil. The number of foreign investors has more than doubled since 2010 and Ceará companies account for more than half those from Northeast Brazil on the stock exchange.
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There were 97.1 million passengers registered last year. These figures show a tourism increase of 1.8% according to the National Civil Aviation Agency. Also, Anac data showed that the state of Ceará received 129,400 international visitors in the first half of 2019.
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Brazil’s unemployment rate fell to 11.0% in the three months through December according statistics agency IBGE. These figures are a record low in four years which show further evidence and signs that the labor market is improving.
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Foreign Direct Investment (FDI) in Brazil grew 26% in 2019 according to the data from the Global Investment Trends Monitor, released by the United Nations Conference on Trade and Development (UNCTAD).