Brazil is an economic superpower

After 200 years of Independence, Brazil is an economic superpower. With high growth and low inflation, we are a safe haven for investments.

The Brazilian govt launched the largest privatization and concession program in its history. Since 2019, 168 auctions have been held raising US$ 77.2 bil.; a result that exceeds by 15% the US$ 67.5 bil.of privatizations carried out in the previous 38 years (from 1980 to 2018). Within the scope of the privatization program, R$ 1.3 trillion was committed to investments in Brazil. According to the Investment Monitor of the Ministry of Economy, if the already structured projects are executed, R$ 2.9 trillion should be attracted in the decade.

Brazil carried out a myriad of structural reforms, such as: Economic Freedom Act, Doing Business Law, New Agro Law, Legal Taxpayer Law, Positive Credit Registry, New Gas Law, Opening of the Gas Market, New Law on Regulatory Agencies, New Bankruptcy Law, Tax Liability Law Reform.

And more: Central Bank Autonomy, New Telecommunications Framework, Reform of Labor Standards, Pension Reform, New IoT Law, New Free-trade Zone Law, New Bidding Law, Legal Framework for Startups, Voluntary Deposit Law, and New Law on Industrial Property. And that is not all. The structural reforms also included: New Exchange Law, New Railways Framework, New Basic Sanitation Framework, New Cabotage Framework, New Distributed Generation Framework, New Electricity Sector Framework, 15 New Financing Instruments, amidst many others.

Today Brazil has its lowest unemployment rate since 2015; 9.1%; And has broken historical records of registered employees, reaching up to 98.7 million people. In 2021, Brazil had already broken records, by creating job to over 2.7 million people. In 2021, 4 million businesses have been created in Brazil. Due to the reforms, the time to open a business has dropped from 120 days (World Bank) in the past decade to 1 day and 23 hours, thanks to the Brazilian govt being the most digitized in the Americas; 7th in the world.

Last but not least, besides having one of the largest industrial parks in the world, and being great producers of ores of niobium, iron, copper, aluminum and manganese, Brazil is also an agricultural powerhouse, the world’s 4th largest grain producer, feeding 800 million people. Since 2019, Brazil has signed 15 trade agreements and 200+ agricultural markets have been opened. Our country ranks among the main producers of coffee, sugar, corn, soy, beef, pork, chicken, fruits. The WTO has acknowledged Brazil’s essential role in global food security.