Brazil is the largest country in both South America and Latin America. Brazil's economy is the world's ninth-largest by nominal GDP and seventh-largest by GDP (PPP) as of 2015[update].[1][2] A member of the BRICS group, Brazil until 2010 had one of the world's fastest growing major economies, with its economic reforms giving the country new international recognition and influence.[3] Brazil's national development bank plays an important role for the country's economic growth.[4] Brazil is a founding member of the United Nations, the G20, BRICS, Unasul, Mercosul, Organization of American States, Organization of Ibero-American States, CPLP, and the Latin Union. Brazil is a regional power in Latin America and a middle power in international affairs,[5] with some analysts identifying it as an emerging global power.[6] One of the world's major breadbaskets, Brazil has been the largest producer of coffee for the last 150 years.[7]
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Brazil".
^"Report for Selected Countries and Subjects". imf.org.
^"CIA – The World Factbook – Country Comparisons – GDP (purchasing power parity)". Cia.gov. Archived from the original on June 13, 2007. Retrieved 25 January 2011.
^Clendenning, Alan (17 April 2008). "Booming Brazil could be world power soon". USA Today – The Associated Press. p. 2. Retrieved 12 December 2008.
^Fernando J. Cardim de Carvalho (January 2013). "Relative insulation". D+C Development and Cooperation/ dandc.eu.
^Clare Ribando Seelke (2010). Brazil-U. S. Relations. Congressional Research Service. p. 1. ISBN 978-1-4379-2786-3.
^Jorge Dominguez; Byung Kook Kim (2013). Between Compliance and Conflict: East Asia Latin America and the New Pax Americana. Center for International Affairs, Harvard University. pp. 98–99. ISBN 978-1-136-76983-2.
^Jeff Neilson; Bill Pritchard (26 July 2011). Value Chain Struggles. John Wiley & Sons. p. 102. ISBN 9781444355444.
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