Is Brazil richer than Indonesia?

Brazil has a GDP per capita of $15,600 as of 2017, while in Indonesia, the GDP per capita is $12,400 as of 2017.

Is Brazil economy strong or weak?

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. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5\%.

Is Indonesia or Brazil bigger?

Brazil is about 4.5 times bigger than Indonesia. Indonesia is approximately 1,904,569 sq km, while Brazil is approximately 8,515,770 sq km, making Brazil 347\% larger than Indonesia. Meanwhile, the population of Indonesia is ~267.0 million people (55.3 million fewer people live in Brazil).

What do Brazil and Indonesia have in common?

Both are large tropical countries endowed with rich natural resources, Brazil and Indonesia possess the largest tropical rain forest of the world that contains the world’s richest biodiversity, which gave them a vital role in global environment issues, such as ensuring tropical forests protection.

How has Brazil improved its economy?

Brazil has grown to become one of the largest economies in the world. Still, Brazilian citizens rank quite low in income per capita. In recent decades, a rise in the service economy, foreign investment, and exports have helped grow Brazil’s GDP.

What is wrong with Brazil economy?

Brazil’s fiscal sustainability is at risk due to rising inflation, high public debt and a recession triggered by the COVID-19 pandemic. Before COVID-19, Brazil’s GDP was growing at 1.4\% in 2019. But in 2020, the country’s GDP contracted by 4.7\%, putting Brazil into a recession.

How is Indonesia economic growth?

By Widodo’s estimate, there would be economic growth of 5−6 percent and a GDP of US$9.1 trillion. Indonesia’s income per capita is expected to reach US$29,000….Economy of Indonesia.

Is Brazil larger than Indonesia?