1945

Economic activity in Brazil began to pick up in the second half of 2009, which reduced the initial impact of the international financial crisis of late 2008. Over the whole year, however, GDP growth was -0.2%. In 2010, the economic indicators are expected to be back to pre-crisis levels. Employment and investment are also expected to expand, giving estimated GDP growth of 7.6%, an improvement on the 6% observed in the 12 months to September 2008.

Related Subject(s): Economic and Social Development
Countries: Brazil
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