Brazil is the fifth largest country in the world, and derives its name from a tree called Brazil wood. The country is known for its passion for soccer/football and every city in Brazil has a stadium.

Despite football being a major contributor to Brazil’s economy, the country has a mixed economy and a GDP of $ 2.080 trillion, according to the International Monetary Fund. It also has a vast amount of natural resources including iron, gold, and uranium; it is estimated that Brazil also has a total $21.8 trillion worth of untapped resources. Its fertile and enormous landmass makes the production of different agricultural products possible, making agriculture the main contributor to its economy. Brazil is the largest economy in Latin America and second largest in the Americas, after the U.S.

Brazil is also known for its rich culture and local traditions and events such as Carnaval, local rituals like Candomble, martial arts such as the Capoeira and even soccer cults.

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Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 10.0%
Industry 20.9%
Services 69.1%

Employment Distribution by Education

Age 15+

Less than Basic 11.3%
Basic 25.5%
Intermediate 41.6%
Advanced 20.8%
Level Not Stated 0.8%

Age 15-24

Less than Basic 2.4%
Basic 28.4%
Intermediate 61.5%
Advanced 7.3%
Level Not Stated .4%

Age 15-64

Less than Basic 11.1%
Basic 24.8%
Intermediate 42.5%
Advanced 20.8%
Level Not Stated .8%

Age 25+

Less than Basic 12.8%
Basic 25.1%
Intermediate 38.3%
Advanced 23.0%
Level Not Stated .9%

The Chinese government has become stricter with foreign-owned companies when it comes to labor compliance. Learn more:

Before you expand operations in a new country, learn about the employment regulations to stay compliant with in-country requirements:

Learn how to manage employment compliance in any country with customized tools and technology to keep you ahead of regulations:

#Brazil has a unique business culture and complex employment regulations. Learn how to manage labor compliance and stay ahead of new changes

Expanding into a new country? Make sure you have customized employee handbooks and agreements before hiring new employees:

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