Brazil keeps climbing up in competitiveness rankings
Posted: 09/27/09 with the tags Economy in Brazil
Brazil keeps climbing up in competitiveness rankings
The Brazilian economy keeps on improving at a steady rate, and Brazil as a country likewise keeps on improving in international ratings. According to the Global Competitiveness Report 2009, Brazil now occupies 56th place in the ranking of 133 countries. Compared to last year, Brazil has climbed eight places while all other BRIC countries such as India and China have only improved one place and Russia has fallen 12 places. Some of the main reasons for Brazil’s improving ranking are growth in the Brazilian domestic consumption, control of inflation, market size and improving business environment.
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While the rest of the world is in recession, Brazil has returned to solid growth levels. The Brazilian economy is strong and will keep on growing for a long time, Brazil's competitiveness on an international level is improving, Brazil is attracting an ever increasing number of foreign investments, and last but not least, Brazil Real Estate is undergoing a very strong phase mainly due to the very fast growing domestic market in Brazil.
In countries where the economy is growing, historically property prices have also always increased along with economical growth. Now is definitely a good time to invest in Brazil Real Estate while prices are still low. View our current selection of property for sale in Brazil as well as our resale homes for sale in Brazil.
To learn about which areas are considered the best Brazil property investment areas, please visit our area guide to Northeast Brazil.