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Brazil Overview Capital City Brasilia Principle Language Portuguese Population 151 million people Area 33 million square miles Population Density per mile 461 Natural Population Growth 20 Currency Cruzerio Exchange Rate as of 41197 100 10640 Moodys 1077 Economy Brazil is the fifth largest country in the world and boasts the tenth largest economy In 1994 the economy was US 536309m which equals a per capita GDP of 3370 Between 1985 and 1994 per capita GDP decreased by 04 this is due to the rapid population expansion of approximately 2 per year During the same time period the real GDP increased by 21 and by 58 in 1994Europa 637 Fernanado Henrique Cordoso has brought inflation down to 1 a month or 12 a year Prior to his election inflation sometimes reached upwards of 1000 a yearLomheim Industry is the largest component of GDP It accounted for 34 of GDP and 23 of the labor force in 1994 This area has had an average GDP increase of only 07 during the period between 1980 to 1993 Agriculture which includes hunting fishing and forestry contributed 131 of GDP while employing 22 of the workforce The major crops are soy beans coffee and sugar cane The average agriculture GDP increase was 25 between 1980 and 1993 The third largest segment of GDP is manufacturing which accounted for 152 of the workforce and 21 of the total GDP Mining only contributed 11 of the GDP Europa 638 One major problem for the Brazilian economy is the absence of educated skilled labor There is an abundance of semiskilled and unskilled labor in the country who are the majority in the workforce of 62 million people Only 16 of those aged 15 to 17 were in school learning those valuable skills needed to excel in the workplace Of those aged 7 to 14 thirteen percent
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