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Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 13.04.2018

Vos conseillers à la Chambre de Commerce

  • Violaine Mathurin
  • Thomas Bertrand
Contactez-nous: latinamerica@cc.lu

Indicateurs clés

8,515,770 km2
207,353,391 (July 2017 est.)
Type de gouvernement
federal republic
Portuguese (official and most widely spoken language)
$3.219 trillion (2017 est.)
Taux de croissance
0.7% (2017 est.)



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, a conviction that was upheld by the Senate in August 2016; her vice president, Michel TEMER, will serve as president until 2018, completing her second term.

Source:The CIA World Factbook - Brazil


Indicateurs macroéconomiques

After falling for eight consecutive quarters, growth has finally resumed. Initially driven by agriculture, the recovery now appears increasingly broad-based. Growth is expected to strengthen further, although confidence will remain sensitive to political developments. Inflation has fallen to below the central bank’s target, raising real incomes and allowing lower interest rates, which will support a recovery of investment. Credit to the corporate sector is still falling, but unemployment has already started to decline.

Low inflation justifies an easy monetary policy stance over the projection period, with real interest rates at a long-time low, which will support investment. The current neutral fiscal policy stance will have to become even more prudent in 2019 to ensure medium-term fiscal sustainability, given high and rising public debt. The planned pension reform is crucial to ensure compliance with the expenditure rule and promote fiscal sustainability. Re-orienting social spending towards conditional cash transfers while reducing ineffective industrial subsidies will make growth more inclusive and reduce high inequality. Phasing out loan subsidies from public banks will improve the allocation of capital and raise productivity. Reducing high trade barriers would strengthen competition and innovation, and lower the cost of intermediate inputs.

While corporate sector liabilities relative to GDP have risen towards the average of emerging market economies, banks are well capitalised and expected to withstand possible stress resulting from risks related to corporate debt, especially as activity is picking up. The deep and prolonged recession has been a significant real-world stress test for banks, and has not exposed weaknesses in financial institutions. 

Source: OECD - Economic Forecast

IFM Statitics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
Gross domestic product, current prices
U.S. dollars (Billions)
Gross domestic product per capita, current prices
U.S. dollars (Units)
Inflation, average consumer prices
Percent change
Volume of imports of goods and services
Percent change
Volume of exports of goods and services
Percent change
Unemployment rate
Percent of total labor force
Current account balance
U.S. dollars (Billions)
Current account balance
Percent of GDP
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


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

Embassy of Luxembourg in Brasilia:

Avenida das Nações, lote 32 .
Setor de Embaixadas Sul, QD 809
70422-900 Brasília/DF . Brésil

Tél. +55 61 3443 0072 (as of 1/9/17)
E-mail : brasilia.amb@mae.etat.lu 

Economic and Commercial Attachés:

Attaché Economic and Commercial (AWEX): 

Alameda Joaquim Eugenio de Lima 680
cep: 01403-901, Jardim Paulista
Edificio Grajau, 163-164 Salas-Sao Paulo
Tel: 55-11-
Fax: 55-11-
E-mail: saopaulo(at)awex-wallonia.com

Commercial Secretary: 

Ms Maria Laura MARON POT (AWEX)

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

Mr Stefano Missir di Lusignano (BIE)
Rua Lauro Müller, 116
Room 602, Botafogo
RJ 22290-160 Rio de Janeiro
Tel:   + 55 21 22 95 16 30
E-mail: riodejaneiro(at)brusselsinvestexport.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:


Rua Ceará, 124 - Consolação -
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
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