Brazil
Key indicators
Total population (millions), 2006 ...........................188.9
GDP (US$ billions), 2006......................................1,067.7
GDP (current prices) per capita, 2006..............5,716.7
GDP (PPP) as share (%) of world total, 2006 .......2.57
Global Competitiveness Index
Rank Score
(out of 131) (1–7)
Global Competitiveness Index 2007–2008 ........72 ......4.0
GCI 2006–2007 (out of 122) .....................................................66 ........4.1
Basic requirements...........................................................101 ........3.8
1st pillar: Institutions .........................................................104 ........3.3
2nd pillar: Infrastructure.....................................................78 ........3.1
3rd pillar: Macroeconomic stability................................126 ........3.7
4th pillar: Health and primary education .........................84 ........5.2
Efficiency enhancers..........................................................55 ........4.1
5th pillar: Higher education and training .........................64 ........4.0
6th pillar: Goods market efficiency...................................97 ........3.8
7th pillar: Labor market efficiency ..................................104 ........4.0
8th pillar: Financial market sophistication.......................73 ........4.1
9th pillar: Technological readiness...................................55 ........3.3
10th pillar: Market size........................................................10 ........5.4
Innovation and sophistication factors ............................41 ........4.0
11th pillar: Business sophistication..................................39 ........4.5
12th pillar: Innovation..........................................................44 ........3.5
Business Competitiveness Index (rank out of 127) ....................59
Sophistication of company operations and strategy..................42
Quality of the national business environment..............................63
The most problematic factors for doing business
Tax regulations ..............................................................18.2
Tax rates .........................................................................16.0
Restrictive labor regulations.......................................12.2
Inefficient government bureaucracy.........................10.6
Inadequate supply of infrastructure ............................9.2
Corruption.........................................................................8.1
Access to financing........................................................7.8
Policy instability...............................................................5.0
Inadequately educated workforce...............................3.3
Foreign currency regulations........................................3.1
Crime and theft ................................................................3.0
Inflation .............................................................................1.3
Poor work ethic in national labor force ......................1.2
Government instability/coups .......................................1.1
132
2.
2:
C
ou
nt
ry
/E
co
no
m
y
Pr
of
ile
s
GDP (PPP US$) per capita, 1980–2006
0 5 10 15 20 25 30
Percent of responses
Note: From a list of 14 factors, respondents were asked to select the five most problematic for doing business in their country and to rank them between
1 (most problematic) and 5. The bars in the figure show the responses weighted according to their rankings.
Brazil Efficiency-driven economies
1 Transition1–2 2
Transition
2–3
Factor
driven
Efficiency
driven
Innovation
driven
3
Stage of development
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006
2,000
4,000
6,000
8,000
10,000 Brazil Latin America and the Caribbean
Institutions
Infrastructure
Macroeconomic
stability
Health and
primary
education
Higher education
and training
Goods market
efficiency
Labor market efficiency
Financial market
sophistication
Technological
readiness
Market size
Business
sophistication
Innovation
1
2
3
4
5
6
7
GCR0708.part2B.qxd 10/9/07 11:24 PM Page 132
The Global Competitiveness Report 2007-2008 © 2007 World Economic Forum