The direct and indirect economic contribution of Brazil🐬’s tourism and leisure sector reached BRL 551.5bn (USD 139.9bn) in 2019 or 7.7% of the country’s GDP, according to the World Trave♑l and Tourism Council (WTTC). The sector has a major ...

Brazil is the world’s second largest producer of ethanol and biodiesel aft🃏er the US, and a pioneer developing biofuels as an economically viable alternative to fossil fuels since the introduction of flex-fuel (dual-fuel) vehicles in the country ...

The agriculture, livestock and fisheries sector in Brazil plays a key role in the domestic economy, accounting for 5.1% of total GDP, 24.6% of total export value and 3.7% of total employment in 2018. The recent economic and politica🌼l instability in ...

Brazil has rich mineral resources, ma🤪king it a relevant player in the global mining industry. The country ended 2018 with the world’s largest niobium reserves (80% of the total) and ranking second 💯in terms of tantalum reserves (31%), iron ore ...

In the past two decades, Latin America has embraced a 🎉universal health strategy, based on the principles🎀 of equity, solidarity and collective action. This strategy required steadily growing public expenditure on health in order to guarantee universal ...

Due to a growing and ageingꦺ population, and an increasing incidence of non-communicable diseases, Brazil became the seventh largest pharmaceutical market in the world in 2018. During the year, retail drug sales, based on pharmacy purchase price (PPP) ...

Brazil’s tourism sector has solid growth p☂otential thanks to the country’s diverse natural and cultural resources, which were ranked among the top ten in the world by the 2019 Travel and Tourism Competitiveness Report by the World ...

At the end of 2018, Latin America and th🔯e Caribbean accounted for 19.2% of the world’s crude oil reserves and for 4.3% of na🐓tural gas, making the region among the prominent players in the global oil and natural gas industry. However, a lack of ...

A recovering💧 economy and continuing loosening monetary policy by the Central Bank helped shape Brazil’s banking sector’s performance in H2 2018 and 2019. Albeit tepid, real GDP grew for a second year in a row in 2018 and is likely to rise ...

In 2018, Latin America consolidated its position as one of the largest and fastest-growing manufacturing and export hubs for motor vehicles. Amidst the sharp downturn of both prodꦇuctiꦫon and sales of motor vehicles in Europe, Asia and Oceania, Latin ...