Brazil’s Gross Domestic Product (GDP), which is the total of all goods and services produced in the country, reached US$ 673 billion (R$ 1,8 trillion) in 2004. Last year’s fourth quarter’s GDP alone was US$ 179,1 billion (R$ 479,3 billion).
In 2003, the GDP was US$ 598 billion (R$ 1,6 trillion), and in the fourth quarter of that year, it reached US$ 155,5 billion (R$ 416,2 billion). The Brazilian Institute of Geography and Statistics (IBGE) released 2004 quarters data today.
In 2004, the per capita GDP (the share of the GDP corresponding to each of the country’s inhabitants) was US$ 3,640.88 (R$ 9.743,00), way above the US$ 3,248.87 (R$ 8.694,00) registered in 2003, which represents a real increase of 3.7%.
The country’s financing capacity reached US$ 13,3 billion (R$ 35,6 billion), against US$ 4,18 billion (R$ 11,2 billion) in 2003. Families’ consumption was US$ 365 billion (R$ 978 billion), as opposed to US$ 329,9 billion (R$ 883 billion) in 2003.
Translation: Andréa Alves