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how wealthy is brazil

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thomasa936

Answer: According to International Monetary Fund (IMF) estimates, Brazil's 2020 nominal GDP was R$7.348 trillion or US$1.363 trillion. Brazil is the 83rd country in the world in GDP per capita, with a value of US$6,450 per inhabitant. The country is rich in natural resources.

Explanation:

Baraq

Based on the latest information released by International Monetary Fund (IMF), Brazil is ranked number 83rd country in the world in GDP per capita.

The economic situation of Brazil

  • Generally, Brazil is considered a developing nation. Located in South America, Brazil's 2020 nominal GDP was US$1.363 trillion. This implies that Brazil, with its current population, has a value of US$6,450 per inhabitant. Brazil is also known to be rich in natural resources.

Hence, in this case, it is concluded that Brazil is a developing country.

Learn more about Brazil here: https://brainly.com/question/92143

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