Brazil Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $321.4 billion, $1,610 per capita (1984 est); 83% consumption, 16% gross investment, 2% net foreign balance (1984 est.); real growth rate 8.3% (1985)

Natural resources: iron ore, manganese, bauxite, nickel· uranium, tin, gemstones, hydroelectric power

Agriculture: main products—coffee, rice, corn, sugarcane, cocoa, soybeans, cotton, manioc, oranges; nearly self-sufficient except for wheat, an illegal producer of coca and cannabis for the international drug trade

Fishing: catch 828,900 metric tons (1982); exports, $162 million if o.b , 1982); imports, $80 million (f.o.b., 1982)

Major industries: textiles and other consumer goods, chemicals, cement, lumber, iron ore, steel, motor vehicles, other metalworking industries, capital goods, tin

Crude steel: 20.0 million metric tons capacity; 18 4 million metric tons produced (1984)

Electric power: 42,000,000 kW capacity (1985), 167 billion kWh produced (1985), · 1,195 kWh per capita

Exports-$25.1 billion (f.o.b., 1985); soybeans, coffee tiansport equipment, iron ore, steel products, chemicals machinery, orange juice, shoes, sugar

Imports-$12.7 billion (f.o b , 1985); petroleum machinery, chemicals, fertilizers, wheat, copper

Major trade partners: exports—29% US, 23% EC, 11% Latin America, 6% Japan, 31% other (1984); imports—36% oil exporters, 17% US, 16% Latin America, 12% EC, 4% Japan, 15% other (1984)

Budget: (1984) public sector; revenue 64,235 billion cruzeiros; current expenditure, 59,997 billion curezeros, capital expenditure, 18,111 billion cruzeiros

Monetary conversion rate: 8,900 cruzeiros=US$l (November 1985), with an inflation rate of 230% per year at the end of 1985; new currency introduced in March 1986; 13.8cruzados=US$i (March 1986)

Fiscal year: calendar year

NOTE: The information regarding Brazil on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Brazil 1986 information contained here. All suggestions for corrections of any errors about Brazil 1986 should be addressed to the CIA or the source cited on each page.