| Area Total | 8,515,770 sq km |
| Climate | mostly tropical, but temperate in south |
| Natural Resources | bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, rare earth elements, uranium, petroleum, hydropower, timber |
| Imports | $153.2 billion (2017 est.) partners: China 18.1%, US 16.7%, Argentina 6.3%, Germany 6.1% (2017) |
| Exports | $217.2 billion (2017 est.) partners: China 21.8%, US 12.5%, Argentina 8.1%, Netherlands 4.3% (2017) |
| Government | federal presidential republic |
| Capital | Brasilia |
| Population | 208.8 million (July 2018 est.) |
| Ethnicity | white 47.7%, mulatto (mixed white and black) 43.1%, black 7.6%, Asian 1.1%, indigenous 0.4% (2010 est.) |
| Language | Portuguese (official and most widely spoken language); note: less common languages include Spanish (border areas and schools), German, Italian, Japanese, English, and a large number of minor Amerindian languages |
News about Brazil
- Lula and Trump declare bilateral relationship reset after three-hour meeting at the White House
on May 8, 2026The presidents of Brazil, Luiz Inácio Lula da Silva, and the United States, Donald Trump, held a meeting of close to three hours at the White House on Thursday in which both leaders declared an end to one of the most severe bilateral crises in two centuries of relations between the two largest economies in the Americas. The encounter, formalized as a […]
- Lula arrives at the White House to mend fences with Trump after a year of tariffs and disputes
on May 7, 2026Brazilian President Luiz Inácio Lula da Silva was received on Thursday by his American counterpart Donald Trump at the White House, in his first official visit to Washington since his return to power in 2023 and the second face-to-face meeting between the two leaders, following a brief 45-minute encounter on the sidelines of the ASEAN summit in Kuala […]
- Brazil central bank cuts Selic interest rate 25 points to 14.50%
on May 7, 2026Brazil’s Central Bank following its two days meeting 28–29 April of the Monetary Policy Committee (COPOM) announced the reduction of its SELIC rate by 25 basis points to 14.50%.
- Uruguay's president meets Brazilian executives in São Paulo to open 'new phase' of commercial ties
on May 6, 2026Uruguayan President Yamandú Orsi made a day trip to São Paulo on Tuesday to meet Brazilian business leaders interested in investing in Uruguay, in an agenda Foreign Minister Mario Lubetkin described as an opportunity to "move to a new phase in the levels of commercial development and Brazilian investments" in the South American country. The official […]
- After 25 years of negotiation, the Mercosur-EU agreement takes effect this Friday
on May 1, 2026The association agreement between Mercosur and the European Union (EU) enters provisionally into force on Friday May 1, after more than a quarter-century of negotiations, in what constitutes one of the world's most ambitious trade deals and the largest reciprocal opening ever finalised by the South American bloc. The final signing took place on January 17 […]
- Brazil's fiscal deficit climbs to 9.41% of GDP amid economic slowdown and election year
on April 30, 2026Brazil's nominal public sector deficit reached 9.41% of gross domestic product in the twelve months to March 2026, nearly one percentage point higher than the previous period, according to data published on Thursday by the Central Bank. The combined shortfall of all public administrations — central government, states, and municipalities — stood at 1.21 […]
- Lula's Supreme Court nominee defends limits on judicial power in Brazilian Senate hearing
on April 29, 2026Jorge Messias, Brazilian President Luiz Inácio Lula da Silva's nominee to fill the open seat at the Federal Supreme Court (STF), defended on Wednesday before the Senate the need to limit the power of judges, in a bid to expand support for his candidacy in what is shaping up to be a closely contested vote. The Solicitor General of the Union appeared before […]
- US/Iran war lifting oil prices, but benefiting countries such as Australia, Norway and Brazil
on April 29, 2026The US-Iran conflict has propelled currencies from energy-exporting countries into the limelight, with windfall profits from exports of oil, gas and metals helping them to outperform the US dollar.
- Latin America's largest investment bank targets Uruguay as regional hub after acquiring local HSBC unit
on April 23, 2026Brazilian group BTG Pactual, Latin America's largest investment bank, is awaiting authorisation from Uruguay's Central Bank (BCU) to begin operating in the local financial market following its $175 million acquisition of HSBC Uruguay, agreed in July 2025. Group executives expect regulatory approval to come through by mid-year, allowing them to begin […]
- Paraguay attracts record foreigners with low taxes and new investor residency program
on April 21, 2026Foreign residency applications in Paraguay surged 85% in the first quarter of 2026, reaching 18,071 compared to 9,760 in the same period of 2025, the National Migration Directorate reported. Temporary residency requests jumped 105% to 14,995, while permanent residency applications rose 25% to 3,076.
