Overview of Brazil
Brazil is located in the eastern part of South America, bordering French Guiana, Suriname, Guyana, Venezuela, and Colombia to the north, Peru and Bolivia to the west, Paraguay, Argentina, and Uruguay to the south, and the Atlantic Ocean to the east. The coastline is about 7400 kilometers long. The total land area is 8.5149 million square kilometers, making it the largest country in South America and ranking fifth in the world. The capital is Brasilia, with an average annual temperature of 21 ℃. The official language is Portuguese.
The total population of Brazil is approximately 203 million, with mixed race people accounting for 45.35%, white people accounting for 43.46%, black people accounting for 10.17%, and yellow and indigenous people accounting for 1.02%. The official language is Portuguese, and about 50% of the residents believe in Catholicism, while 31% of the residents believe in evangelical Christianity. The current head of state is President Luiz In á cio Lula da Silva, who will take office on January 1, 2023 and serve until December 31, 2026.
Brazil's economic strength ranks first in Latin America and thirteenth in the world. The gross domestic product for 2023 is 10.9 trillion Brazilian reals (approximately 15.77 trillion yuan), an increase of 2.9% compared to the previous year. Brazil's economy mainly relies on the export of agriculture and mineral resources, as well as a relatively strong industrial foundation. In terms of agriculture, Brazil is known as the "world's granary of the 21st century", mainly cultivating crops such as soybeans, sugar, coffee, citrus, and raising beef and chicken. In terms of mineral resources, Brazil has abundant reserves of niobium, manganese, titanium, lead, tin, iron and other minerals, especially niobium and iron ore. In terms of industry, Brazil's civil regional aircraft manufacturing and biofuel industries are at the forefront of the world, with the service industry accounting for nearly 60% of the gross domestic product and the financial industry being relatively developed.
Brazil is the largest country in South America, with a total land area of 8.5149 million square kilometers and a total population of approximately 203 million. Brazil's economic strength ranks first in Latin America and 13th globally.
In the first quarter of 2024, the Brazilian economy grew by 2.3% year-on-year and 0.7% month on month, showing a good growth trend. Brazil's economic growth is mainly attributed to its investments in infrastructure, basic health, "reindustrialization," ecological transformation, and sustainable development. In addition, the Brazilian central bank expects an economic growth rate of 3.01% in 2024, demonstrating an optimistic outlook for the country's economic prospects.
Brazil's export trade is also continuing to grow. From January to July 2024, the total export value reached $198.2 billion, a year-on-year increase of 2.4%, reaching a historic high. This growth is mainly due to a series of supportive policies and measures for foreign trade.
