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Brazil
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 07.02.2017

Indicateurs clés

Région
8,515,770 km2
Population
204,259,812 (July 2015 est.)
Type de gouvernement
federal republic
Langues
Portuguese (official and most widely spoken language)
PIB
$3.192 trillion (2015 est.)
Taux de croissance
-3.8% (2015 est.)
IHD
75
Capitale
Brasilia

 

Introduction

Following more than three centuries under Portuguese rule, Brazil gained its independence in 1822, maintaining a monarchical system of government until the abolition of slavery in 1888 and the subsequent proclamation of a republic by the military in 1889. Brazilian coffee exporters politically dominated the country until populist leader Getulio VARGAS rose to power in 1930. By far the largest and most populous country in South America, Brazil underwent more than a half century of populist and military government until 1985, when the military regime peacefully ceded power to civilian rulers. Brazil continues to pursue industrial and agricultural growth and development of its interior. Having successfully weathered a period of global financial difficulty in the late 20th century, Brazil was seen as one of the world’s strongest emerging markets and a contributor to global growth. The awarding of the 2014 FIFA World Cup and 2016 Summer Olympic Games, the first ever to be held in South America, was seen as symbolic of the country’s rise. However, since about 2013, Brazil has been plagued by a shrinking economy, growing unemployment, and rising inflation. Political scandal resulted in the impeachment of President Dilma ROUSSEFF in May 2016; her vice president, Michel TEMER, is currently acting president.

Source:The CIA World Factbook - Brazil

 

Indicateurs macroéconomiques

The deep recession is set to continue in 2016 and in 2017 against the backdrop of high political uncertainty and ongoing corruption revelations that are undermining consumer and business confidence, leading to a continuous contraction in domestic demand. As the economy shrinks, unemployment is set to rise further. Inflation will gradually return into the target range as the effects of administrative price increases and past currency depreciation wear off and economic slack widens.
Deep political divisions have reduced the chances for any noticeable momentum on policy reforms in the near term and gross government debt is continuing to rise. Improvements in confidence will depend on the authorities’ ability to implement a significant fiscal adjustment, including steps to ensure the sustainability of the pension system, and a new wave of structural reforms. While remaining restrictive, monetary policy will loosen slightly as inflation declines.
Raising productivity will depend on reforms to boost competition, lower trade barriers and administrative burdens and simplify indirect taxes. Given that demographics will provide much less support than they have in the past, stronger productivity will be key for solid economic growth in the medium term.

Source: OECD - Economic Forecast

IFM Statitics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
0.104-3.848-3.2730.4941.488
Gross domestic product, current prices
U.S. dollars (Billions)
2,417.1581,772.5891,769.6011,953.8612,028.923
Gross domestic product per capita, current prices
U.S. dollars (Units)
11,920.2808,669.6538,586.5479,408.5139,698.696
Inflation, average consumer prices
Percent change
6.3299.0309.0195.3894.804
Volume of imports of goods and services
Percent change
-0.113-13.470-8.6922.1092.123
Volume of exports of goods and services
Percent change
-0.2778.0855.2292.8083.599
Unemployment rate
Percent of total labor force
6.8258.52511.20611.53911.076
Current account balance
U.S. dollars (Billions)
-104.181-58.882-14.109-25.915-29.983
Current account balance
Percent of GDP
-4.310-3.322-0.797-1.326-1.478
Colored cells are estimates

Source: IMF Statistics

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

- Convention from 11.08.1978 (Memorial 1980, A, p. 212 et seq.)
- Effective as of 23.07.1980 (Memorial 1980, A, p. 1404)

Air Services agreement

None

Source: Administration des contributions directes

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Brazil

Ambassador with residence in Luxembourg: 

Mr Jean OLINGER
5, rue Notre-Dame
L-2240 Luxembourg

Tel: +352 247 82 310

Economic and Commercial Attachés (AWEX)

Attaché Economic and Commercial: 

Mr André VILLERS

Alameda Joaquim Eugenio de Lima 680
cep: 01403-901, Jardim Paulista
Edificio Grajau, 163-164 Salas-Sao Paulo

Tel: 55-11-32.66.62.33
Fax: 55-11-32.66.63.74
E-mail: saopaulo(at)awex-wallonia.com

Commercial Secretary: 

Ms Maria Laura MARON POT 

C / o Consulate General of Belgium
Alameda Joaquim Eugenio de Lima 680
cep: 01403-901, Jardim Paulista
Edificio Grajau, Salas 163-164

Tel: 55-11-32.66.62.33
Fax: 55-11-32.66.63.74
E-mail: sao-paulo(at)awex-wallonia.com

Honorary consuls

Honorary Consul with jurisdiction over the state of Rio Grande do Sul, Santa Catarina and Parana: 

Mr Emile Leopold BIAN

Rua Barao do Triunfo, 576 - 2 ° and
Menino Deus - CEP 90130-100
Porto Alegre, RS

Tel: +55 51 32 17 09 91
Fax: +55 51 32 17 46 23 / +55 51 32 17 32 87 / +55 51 32 19 74 64
E-mail: grupoconstec@terra.com.br

Private address:
Imperial 171 Avenida
91760-400 - Azenha
Porto Alegre, RS

Tel: +55 51 32 46 72 43 / +55 51 32 46 95 86

Honorary Consul with jurisdiction over the states of São Paulo, Bahia, Mato Grosso, Mato Grosso do Sul, Goias, Pernambuco, Ceara and Amazonas:

Mr Jan EICHBAUM

Rua Ceará, 124 - Consolação -
01243-010

São Paulo - SP - Brasil
Tel: +55 11 27 89 07 27
Fax: +55 11 27 89 07 27
E-mail: attache@consuladoluxemburgo.com.br

Honorary Consul with jurisdiction over the state of Rio de Janeiro:

Mrs Marie-Christiane HEUWERT-MEYERS

Rua Francisco Otaviano, 87 apt.203
Copacabana
22080-040 Rio de Janeiro, RJ
Tel: +55 21 25 21 78 35
Fax: same
E-mail: consulux(at)hotmail.com

Honorary Consul General with jurisdiction over the states of Rio de Janeiro, Minas Gerais and Espirito Santo: 

Mr Francois MOYEN
Avenida dos Andradas, 1093
CEP 30120-010 Belo Horizonte MG
Tel: +55 31 3048 6307
Fax: +55 31 3048 6258
E-mail: francois.moyen(at)belgo.com.br  / maria.motta(at)arcelor.com.br

Source: Ministry of Foreign Affairs of Luxembourg                     Source: www.awex.be

Country risk as defined by Office du Ducroire for Brazil

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk for Brazil

Other useful links

Luxembourg for Business market entry guide to Brazil: Market entry guides are brochure series published by the Ministry of the Economy and Foreign. The series focuses on worldwide markets, industries and business environments, providing comprehensive and in-depth analysis and guidelines. The brochures cover all aspects relating to a market entry including the economic, financial and legal frameworks. The brochures are a vast knowledge pool, compiled into a practice oriented document with many tips and important addresses.