Economic System of Brazil
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Brazil’s economic freedom score is 57.7, making its economy the 100th freest in the 2013 Index. Brazil economy is on the rise. Blessed with an abundant natural resources, Brazil has become the most powerful country in South America in economic terms and thus is leading the other countries of South America.
Brazil has large and growing agricultural, mining manufacturing and services sectors.
Brazil has large and growing agricultural, mining manufacturing and services sectors.
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Brazil's economy has been undergoing a continuous growth and development from 2004 which has led to a rise in employment and real wages. Theeconomic system of Brazil is standing on a floating exchange rate, a regime that is inflation targeting and a compressed fiscal policy.