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Brazil GDP per capita, 1800 to 2018 Brazil Inflation 1981-1995 Brazil inflation 1996-2022. The economic history of Brazil covers various economic events and traces the changes in the Brazilian economy over the course of the history of Brazil.
It accounted for 25.4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17.3% of the world's economy in 1870, and 33% in 1820 (its highest point). China's share of global GDP varied from a quarter to a third of global output until the late 19th century. [12]
^ At year 1, year 1000, year 1500 and till the start of British colonisation in India in 17th century, India's GDP always varied between ~22 - 33% world's total GDP and was the largest economy in the world from year 1 until year 1500, [4] which dropped to 2% by Independence of India in 1947. [15]
Brazil is one of the ten chief industrial states in the world according to International Labour Organization. [33] According to International Monetary Fund (IMF), Brazilian nominal GDP was US$2.331 trillion, the country has a long history of being among the largest economies in the world and the GDP per capita was US$11,178 per inhabitant. [4] [5]
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology.
Inflation rose from 30.5% in 1960 to 79.9% in 1963 and 92.1% in 1964. Brazil's GDP grew by 8.6% in 1961 and only 0.6% in 1963. [23] Wage erosion concerned both the middle and working classes. [24] The failure to overcome the economic crisis was due in part to pressure from domestic (workers and business) and external interest groups. [22]
In that year, the Brazilian economy grew 1.0% in real terms according to revised figures of the IBGE. The per capita accounts of the GDP were R$22,813.47 or US$11.521,95 in nominal terms, and Int$14,537.40 in PPP terms. The Brazilian population, in 2012, was 193,300,291, ranking 5th worldwide and totaling 2.84% of the world's population.
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.