MercoPress. South Atlantic News Agency
Brazil has become the sixth-largest economy in the world overtaking the UK
Brazil has become the sixth-biggest economy in the world, the country's finance minister announced. The National Institute of Economic and Social Research (NIESR) and other economic forecasters also said that Brazil had now overtaken the UK. Read full article
Comments
Disclaimer & comment rulesFrom the UK, 'Well Done Brazil!!'. I hope this leads to turning your back on corruption like in Argentina and raising the lifestyle of your people's out of poverty. But, congratulations!
Mar 08th, 2012 - 09:56 am - Link - Report abuse 0To be honest, I think most people are surprised it has taken this long given Brazil is doing a fantastic job of bringing in investment and running a well ordered economy plus the fact it has over 3 times as many people as the UK.
Mar 08th, 2012 - 10:08 am - Link - Report abuse 0South America needs to use Brazil as a yardstick on how to develop. I think we will see more of these large developing economies pass by the developed economies!
Well done Brazil.
good morning...
Mar 08th, 2012 - 10:31 am - Link - Report abuse 0Brasil did settle on 6. level last year.
Brasil has 40% informal economy.
as the same as Greece has..............!!
Again ?
Mar 08th, 2012 - 11:11 am - Link - Report abuse 0With three times the population, about 35 times the land area and massive untapped natural resources this is hardly a great surprise. If anything it's a surprise that it's taken this long.
Mar 08th, 2012 - 11:12 am - Link - Report abuse 0Good for them.
Well done Brazil!
Mar 08th, 2012 - 12:10 pm - Link - Report abuse 0Argentina on the other hand has gone from 4th largest economy in the world to just outside the top 20.
“To be honest, I think most people are surprised it has taken this long given Brazil”
Mar 08th, 2012 - 02:11 pm - Link - Report abuse 0People who undestand the history that Brazil went through, aren't suprised why it did take them so long to be spot where they are today. Brazil, during the 70's,80 and begin 90's was a nightmare for most Brazilians and had no confidence at all in themself. Today, slowly that is changing, though they understand they have a long way to go. If you read magazines/news papers from northern nations, you think that Brazilians act like a superpower or whatever, but in reality, not true at all. If you ask Brazilians in person, you would hear that majority are interested in becoming a sustainable economic power, not military power (mind your own business policy), though they want a stronger defence (defence=protecting the homeland, period) which is good and make sense in my opinion.
Good job Brazil, stay the course, you have a long way to go and don't let the number drive you to madness, it's just a number for statistics.
Interesting view Fido, I'm aware of Brazilian history as an investor but seemingly not to your level when it comes to social factors.
Mar 08th, 2012 - 02:18 pm - Link - Report abuse 0Thanks.
Brasil has more temperate social atmosphere than USA has...
Mar 08th, 2012 - 03:06 pm - Link - Report abuse 0especially on Africa originated people who are more harmonious than USA's Afro people....!!
Well done Brazil!!!
Mar 08th, 2012 - 03:16 pm - Link - Report abuse 0Keep going guys, you have done a fantastic job, but there is more, oh so much more to do, so don't lose heart, we are all willing you onward!!
By the way, does this mean that the price of your nuts will be coming down?
Good job
Mar 08th, 2012 - 03:52 pm - Link - Report abuse 0Well done Brazil who needs England lot of laughter.
Mar 08th, 2012 - 06:47 pm - Link - Report abuse 0Well done Brazil. You will go the same way as India and China. Millions of poor people working under poor conditions to produce electronic problems for the West. You have all sold your soul in becoming supposedly 'financially better'.
Mar 08th, 2012 - 06:57 pm - Link - Report abuse 0I can't wait for my new iPad to arrive.
UK GDP = 2.25 Trillion
Mar 08th, 2012 - 08:07 pm - Link - Report abuse 0Argiland GDP = 365 Billion
Enough said.
@6 Shut up Roberta! and stop lying!!! Argentina was never the 4th largest economy!
Mar 09th, 2012 - 02:03 am - Link - Report abuse 0Besides, your country has lost a lot of more since 1900.
@14 You are wrong, british ignorant! Current argentine GDP is more or less 440 Billion and rising, unlike british which is going down the toilet.
@15 where are you getting your stats from? mafia-INDEC?
Mar 09th, 2012 - 10:08 am - Link - Report abuse 0@15 Actual figures from 2011
Mar 09th, 2012 - 10:42 am - Link - Report abuse 0Argie GDP (PPP) $710.7 billion
UK GDP (PPP) $2.253 trillion
Argie GDP (nominal) $435.2 billion
UK GDP (nominal) $2.480 trillion
Argie GDP (PPP) is therefore 0.000315446% of the UK GDP (PPP)
Argie GDP (nominal) is 0.000175484 % of the UK GDP (nominal)
The UK has a LOOONNNG way to go before we get down to your level.
Wikepedia entry regarding RG economy: current Kirchner administration policies and 'difficulty in enforcing contractual obligations' have been blamed for the RG performance.
Mar 09th, 2012 - 05:01 pm - Link - Report abuse 0@17 Conqueror
Mar 09th, 2012 - 07:11 pm - Link - Report abuse 0I think it's the first time i post here, but i don't know if you are kidding or you are being serious.
1 trillion = 1000 billion
Using your numbers, in PPP, argentine economy is 31,54% of the england one, with 33% less population.
envious
Mar 10th, 2012 - 05:44 am - Link - Report abuse 0No, really Conqueror, your math is wrong. 710 billion is 0.71 tn, and thats around a third of 2.25 tn. Meanwhile 0.43tn is less than a fifth than 2.48tn. If you keep in mind that our population is only a bit over half that of the UK, we're not THAT bad, as you depict it.
Mar 10th, 2012 - 11:01 am - Link - Report abuse 0“Brazil has about 190 million people, in contrast to the UK's 60 million people. ”
Mar 12th, 2012 - 04:28 am - Link - Report abuse 0the number of the population of Brazil is out dated. It's already above the 200 million number (Between the 200 and 210).
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