After a much better performance than predicted in 2023, what’s in store for the Brazilian economy in 2024? The article looks at figures for last year and the predictions for the next 12 months.
With 6.6% growth this year, civil construction continues to drive the Brazilian economy. On the back of consolidated demand and an acute property shortage, analysts believe 2023 will follow a similar pattern.
New legislation for Brazilian mortgage loans aims to release R$1 billion into the economy and change the face of the real estate market. Find out how and why the proposal is a gamechanger.
With the backing of the US, Brazil is set to become an OECD member in 2021. The country has already completed two thirds of the preparatory requirements and is making good progress with its ambitious reform programme. This augurs well for investors in Brazil.
Brazil’s central bank raised its 2020 gross domestic product growth forecast to 2.2% in its latest quarterly inflation report from 1.8% previously. Brazil's unemployment rate fell from 12.5 percent earlier in 2019 to about 11.8 percent in August.