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Country risk report · Americas

Brazil

Political RiskMedium
Operational RiskHigh
Security RiskHigh

Summary

Brazil, the largest country in South America, is renowned for its vast natural resources, diverse culture, and dynamic economy. Spanning 8.5 million square kilometers, it borders almost all other South American nations, with the exception of Chile and Ecuador. Brazil boasts a population of approximately 218 million (2024 estimate), making it the world's sixth most populous country. Its capital, Brasília, is the political center, while São Paulo serves as its economic powerhouse and Rio de Janeiro remains globally iconic for its culture and tourism. Brazil’s economy is driven by agriculture, mining, energy, and manufacturing, with soybeans, coffee, iron ore, and oil being major exports. While Brazil has achieved steady economic growth, challenges such as income inequality, corruption, and political instability persist.
Capital
Brasília
Population
218 million (2024 estimate)
Official Language
Portuguese
Currency
Brazilian Real (BRL)
Key Industries
Agriculture (soybeans, coffee, beef), mining (iron ore, gold), oil and gas, automotive, and manufacturing
GDP
$2.3 trillion (2023 estimate)
GDP Growth
2.9% (2023 estimate)

Table of contents

  1. Brazil | Overview
  2. Political Risk Summary
  3. Political Stability
  4. Regulatory Risk
  5. Contract Enforcement
  6. Integrity and Corruption
  7. Sovereign Risk
  8. Operational Risk Summary
  9. Institutional Risk
  10. Infrastructure Risk
  11. Labour Risk
  12. Security Risk Summary
  13. Crime Risk
  14. Terrorism Risk
  15. War Risk
  16. Civil Unrest
  17. Kidnap Risk

Risk levels in the report

From the report’s summary page. The full report explains each level and lists the key concerns behind it.

  • Very Low
  • Low
  • Medium
  • High
  • Very High
Risk levels by category and subcategory
CategoryRisk level
Political RiskMedium
Political StabilityMedium
Regulatory RiskMedium
Contract EnforcementMedium
Integrity and CorruptionHigh
Sovereign RiskMedium
Operational RiskHigh
Institutional RiskMedium
Infrastructure RiskHigh
Labour RiskMedium
Security RiskHigh
CrimeHigh
TerrorismLow
War RiskLow
Civil UnrestMedium
Kidnap RiskMedium

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