BRAZIL / SALARY

SALARY SURVEYS

825

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

4.85 BRL = 1 USD

267,927 BRL

$55,204 USD

Sao Paulo

307,453 BRL

155,308 BRL

$32,000 USD

Including "Sao Paulo"

Excluding "Sao Paulo"

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Average Salary / Brazil

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Average salary in Brazil is 267,927 BRL per year. The most typical earning is 155,308 BRL. All data are based on 825 salary surveys. Salaries are different between men and women. Men receive an average salary of 273,246 BRL. Women receive a salary of 211,122 BRL.

The most paid careers are Health Care & Medical with average income 570,759 BRL and Management & Business with income 400,405 BRL.

Based on education, the highest salaries receive people with Masters Degree with salary of 371,285 BRL. The second most paid education level is Doctorate Degree with salary of 369,829 BRL.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 411,568 BRL. Employees with 16-20 Years of experience receive 404,773 BRL.

Levels / Brazil (Gross BRL)

Salary Levels (BRL) per Year	Surveys	[%]
14,600 BRL - 24,299 BRL	0	n/a
24,300 BRL - 48,499 BRL	8	100% 0.97%
48,500 BRL - 72,799 BRL	56	99.03% 6.79%
72,800 BRL - 97,099 BRL	62	92.24% 7.52%
97,100 BRL - 121,299 BRL	57	84.73% 6.91%
121,300 BRL - 145,599 BRL	81	77.82% 9.82%
THE MOST TYPICAL SALARY
145,600 BRL - 169,899 BRL	84	68% 10.18%
169,900 BRL - 194,099 BRL	59	57.82% 7.15%
194,100 BRL - 218,399 BRL	53	50.67% 6.42%
218,400 BRL - 242,699 BRL	40	44.24% 4.85%
242,700 BRL - 266,899 BRL	43	39.39% 5.21%
266,900 BRL - 291,199 BRL	37	34.18% 4.48%
291,200 BRL - 315,499 BRL	27	29.7% 3.27%
315,500 BRL - 339,699 BRL	23	26.42% 2.79%
339,700 BRL - 363,999 BRL	14	23.64% 1.7%
364,000 BRL - 388,299 BRL	11	21.94% 1.33%
388,300 BRL - 412,499 BRL	15	20.61% 1.82%
412,500 BRL - 436,799 BRL	17	18.79% 2.06%
436,800 BRL - 461,099 BRL	13	16.73% 1.58%
461,100 BRL - 485,299 BRL	9	15.15% 1.09%
485,300 BRL - 509,599 BRL	8	14.06% 0.97%
509,600 BRL - 533,899 BRL	13	13.09% 1.58%
533,900 BRL - 558,099 BRL	5	11.52% 0.61%
558,100 BRL - 582,399 BRL	15	10.91% 1.82%
582,400 BRL - 606,699 BRL	13	9.09% 1.58%
606,700 BRL - 630,899 BRL	9	7.52% 1.09%
630,900 BRL - 655,199 BRL	5	6.42% 0.61%
655,200 BRL - 679,499 BRL	6	5.82% 0.73%
679,500 BRL - 703,699 BRL	5	5.09% 0.61%
703,700 BRL - 727,999 BRL	1	4.48% 0.12%
HIGH SALARIES
728,000 BRL - 776,499 BRL	9	4.36% 1.09%
776,500 BRL - 825,099 BRL	6	3.27% 0.73%
825,100 BRL - 873,599 BRL	2	2.55% 0.24%
873,600 BRL - 922,099 BRL	3	2.3% 0.36%
922,100 BRL - 970,699 BRL	1	1.94% 0.12%
970,700 BRL - 1,019,199 BRL	3	1.82% 0.36%
1,019,200 BRL - 1,067,699 BRL	1	1.45% 0.12%
1,067,700 BRL - 1,116,299 BRL	3	1.33% 0.36%
1,116,300 BRL - 1,164,799 BRL	1	0.97% 0.12%
1,164,800 BRL - 1,213,299 BRL	0	n/a
1,213,400 BRL - 1,698,699 BRL	7	0.85% 0.85%

Gender / Brazil (Gross BRL)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	650	273,246 BRL
2	Women	120	211,122 BRL

Education / Brazil (Gross BRL)

#		Surveys
1	Masters Degree	243	371,285 BRL
2	Doctorate Degree	54	369,829 BRL
3	Bachelors Degree	435	215,490 BRL
4	Some College	52	203,842 BRL
5	High School	37	161,132 BRL
6	Bellow H. School	4	154,338 BRL

Experience / Brazil (Gross BRL)

#		Surveys
1	20+ Years	83	411,568 BRL
2	16-20 Years	96	404,773 BRL
3	12-16 Years	113	346,532 BRL
4	8-12 Years	173	256,744 BRL
5	4-8 Years	193	202,872 BRL
6	2-4 Years	92	156,279 BRL
7	1-2 Years	41	153,852 BRL
8	0-1 Year	34	135,409 BRL

Age / Brazil (Gross BRL)

#		Surveys
1	56-60	7	597,938 BRL
2	51-55	20	495,046 BRL
3	66-70	1	449,910 BRL
4	61-65	4	446,027 BRL
5	46-50	46	399,434 BRL
6	41-45	85	341,679 BRL
7	36-40	145	328,575 BRL
8	n/a	55	326,148 BRL
9	31-35	215	245,582 BRL
10	26-30	182	165,500 BRL
11	21-25	57	138,807 BRL
12	14-20	8	110,657 BRL

Work Type / Brazil (Gross BRL)

#		Surveys
1	Permanent	692	280,041 BRL
2	Self Employed	27	221,315 BRL
3	Contract	91	207,240 BRL
4	Part Time	15	154,338 BRL

Cities / Brazil (Gross BRL)

#		Surveys
1	Salvador	2	618,323 BRL
2	Maceió	3	483,883 BRL
3	Campo Grande	3	451,366 BRL
4	Ribeirao Preto	2	422,731 BRL
5	Jaboatao dos Guararapes	1	411,568 BRL
6	Guarulhos	7	393,610 BRL
7	Sao Paulo	349	307,220 BRL
8	Uberlândia	4	295,572 BRL
9	Rio de Janeiro	131	282,953 BRL
10	Goiânia	4	280,041 BRL
11	Sao José dos Campos	13	270,819 BRL
12	Manaus	3	256,744 BRL
13	Sao Luís	1	256,744 BRL
14	Porto Alegre	37	247,038 BRL
15	Campinas	37	242,184 BRL
16	--Other--	26	236,845 BRL
17	Brasília	35	222,285 BRL
18	Sao Bernardo do Campo	10	217,432 BRL
19	Cuiabá	3	215,005 BRL
20	Belo Horizonte	45	210,152 BRL
21	Natal	4	201,901 BRL
22	Curitiba	53	176,178 BRL
23	Santo André	3	165,986 BRL
24	Ananindeua	1	155,794 BRL
25	Fortaleza	10	155,308 BRL
26	Belém	8	153,367 BRL
27	Sorocaba	6	147,543 BRL
28	Sao Gonçalo	2	138,321 BRL
29	Aracaju	1	125,703 BRL
30	Recife	14	124,247 BRL
31	Londrina	5	121,335 BRL
32	Joao Pessoa	2	113,084 BRL

Career Groups / Brazil (Gross BRL)

#		Surveys
1	Health Care & Medical	15	570,759 BRL
2	Management & Business	130	400,405 BRL
3	Finance & Banking	34	377,594 BRL
4	Engineers & Technicians V	13	364,490 BRL
5	Insurance	4	351,386 BRL
6	Public Sector	13	339,252 BRL
7	Marketing, Sales, Purchase	49	333,428 BRL
8	Security & Fireguard	2	331,487 BRL
9	Health Care & Medical II	8	324,692 BRL
10	Automobile	5	321,295 BRL
11	Sports & Recreation	3	305,764 BRL
12	Engineers & Technicians III	8	303,337 BRL
13	Human Resources	33	294,116 BRL
14	Construction & Labor Workers	4	283,923 BRL
15	Manufacturing & Labor Workers	4	283,438 BRL
16	Military	3	243,155 BRL
17	Accounting & Administration	34	241,699 BRL
18	Aviation & Shipping	7	238,301 BRL
19	Engineers & Technicians	99	236,845 BRL
20	Arts, Culture, Performance	6	230,536 BRL
21	Salesmen & Saleswomen	16	224,227 BRL
22	Customer Services	14	217,432 BRL
23	Engineers & Technicians IV	6	215,490 BRL
24	Properties & Real Estates	3	203,842 BRL
25	IT & Programming II	70	197,048 BRL
26	Law	15	192,679 BRL
27	Engineers & Technicians II	3	191,709 BRL
28	Logistics, Road, Railway	11	186,855 BRL
29	IT & Programming	150	185,885 BRL
30	Architect Constructions	8	165,986 BRL
31	Media	9	162,103 BRL
32	Education & University	25	154,338 BRL
33	Organization & Coordination	9	144,145 BRL
34	Making Design	4	137,836 BRL
35	Hotels & Tourism	5	112,113 BRL
36	Agriculture & Fishing	2	112,113 BRL
37	Restaurants, Inns, Pubs	1	70,859 BRL

Careers / Brazil (Gross BRL)

#		Surveys
1	Doctor Specialist	7	699,374 BRL
2	Director	19	632,398 BRL
3	General Manager	17	555,714 BRL
4	Business Development Manager	6	517,857 BRL
5	Human Resources Manager	13	494,561 BRL
6	Engineering Manager	12	416,907 BRL
7	Account Manager	4	414,965 BRL
8	Other Engineer Career	11	412,539 BRL
9	Manager	22	410,597 BRL
10	Plant Manager	6	400,890 BRL
11	Other Public Sector Career	8	385,845 BRL
12	Operations Manager	4	379,535 BRL
13	Marketing Manager	12	347,018 BRL
14	Sales Manager	7	343,620 BRL
15	Finance Manager	6	334,399 BRL
16	Business Manager	5	331,001 BRL
17	IT Manager	19	314,985 BRL
18	Research Engineer	5	281,982 BRL
19	Audit Manager	8	279,070 BRL
20	Other Sales Career	8	277,614 BRL
21	Doctor	5	264,024 BRL
22	Product Manager	4	261,112 BRL
23	SAP Consulting	7	260,627 BRL
24	Project Manager	10	257,715 BRL
25	IT Coordinator	4	255,774 BRL
26	Financial Analyst	7	226,653 BRL
27	Customer Service Manager	4	226,653 BRL
28	IT Project Manager	17	220,829 BRL
29	Other Management Career	10	210,637 BRL
30	Other IT Career	11	209,666 BRL
31	Lawyer	9	209,181 BRL
32	Engineer	24	202,386 BRL
33	Lead Developer	12	199,960 BRL
34	Mechanical Engineer	28	198,989 BRL
35	Software Engineer	13	192,194 BRL
36	Electrical Engineer	9	192,194 BRL
37	Product Development Manager	5	192,194 BRL
38	University Professor	5	191,223 BRL
39	Human Resource	5	189,282 BRL
40	Salesmen or Saleswomen	6	184,914 BRL
41	Human Resource Hunter	4	175,207 BRL
42	Human Resource Coordinator	7	170,839 BRL
43	J2EE Developer	6	169,383 BRL
44	Security Specialist	4	160,647 BRL
45	University Professor Assistant	4	157,250 BRL
46	System Analyst	12	148,514 BRL
47	Electrical Technician	4	140,748 BRL
48	Software Developer	36	138,321 BRL
49	Other Marketing Career	5	136,380 BRL
50	Architect	6	133,953 BRL
51	Web Developer	6	132,497 BRL
52	.NET Developer	8	132,012 BRL
53	Java Developer	10	121,335 BRL
54	Relationship Manager	4	119,393 BRL
55	Data-warehouse Engineer	4	119,393 BRL
56	Administrative Assistant	4	112,113 BRL
57	C, C++ Developer	6	109,201 BRL
58	Human Resource Administrator	4	105,318 BRL

People's individual salary examples (surveys)

Finance Manager

Posted 17 November 2023
Key knowledge and tasks

"Accountability, Receivables and Payables, treasury, taxes."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	12-16 Years	Expert	251,300 BRL

Investment Banking Analyst

Posted 22 August 2023
Key knowledge and tasks

"M&A and project finance."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	1-2 Years	Intermediate	305,200 BRL

Controller

Posted 12 July 2023
Key knowledge and tasks

"Finance manager."

City	Education	Experience	Knowledge	Gross salary / year
Belo Horizonte	Masters Degree	4-8 Years	Advanced	391,900 BRL

Team Lead

Posted 27 September 2022
Key knowledge and tasks

"Team management, java development, Solution Architecture."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	8-12 Years	Expert	328,500 BRL

People Strategy Team Leader

Posted 12 September 2022
Key knowledge and tasks

"Compensation
Analytics
Payroll."

City	Education	Experience	Knowledge	Gross salary / year
Campinas	Bachelors Degree	2-4 Years	Intermediate	146,400 BRL

Credit Risk Modeling Consultant

Posted 08 September 2022
Key knowledge and tasks

"Credit Risk Modeling."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	2-4 Years	Advanced	168,900 BRL

Administradora

Posted 07 September 2022
Key knowledge and tasks

"HR & Accounting."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	1-2 Years	Intermediate	67,600 BRL

Foreign Trade Analyst

Posted 05 September 2022
Key knowledge and tasks

"Coordination of shipments."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	4-8 Years	Expert	63,400 BRL

Criminal Lawyer

Posted 30 August 2022
Key knowledge and tasks

"Criminal law."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	8-12 Years	Advanced	171,400 BRL

Research Enginner

Posted 25 July 2022
Key knowledge and tasks

"Research Enginner at Univeristy with oil and gas projects."

City	Education	Experience	Knowledge	Gross salary / year
Curitiba	Doctorate Degree	4-8 Years	Expert	224,000 BRL

Postdoctoral Researcher

Posted 21 July 2022
Key knowledge and tasks

"Research."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Doctorate Degree	1-2 Years	Expert	86,000 BRL

Hr Coordinator

Posted 19 July 2022
Key knowledge and tasks

"Payroll, policies, legal, taxes, r&s, audit, benefits, etc."

City	Education	Experience	Knowledge	Gross salary / year
Campinas	Bachelors Degree	2-4 Years	Advanced	125,700 BRL

Tech Lead

Posted 17 July 2022
Key knowledge and tasks

"Lead a development team."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	8-12 Years	Expert	640,500 BRL

Energy Engineer

Posted 14 July 2022
Key knowledge and tasks

"Engineer."

City	Education	Experience	Knowledge	Gross salary / year
Natal	Bachelors Degree	2-4 Years	Advanced	92,200 BRL

Quality Engineer

Posted 13 July 2022
Key knowledge and tasks

"Supplier Control."

City	Education	Experience	Knowledge	Gross salary / year
Sorocaba	Masters Degree	2-4 Years	Expert	88,300 BRL

Sales Manager - Engineering And Equipment

Posted 12 July 2022
Key knowledge and tasks

"Cement, Mining, Ore, Combustion, Engineering."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	4-8 Years	Advanced	299,600 BRL

Devsecops

Posted 16 June 2022
Key knowledge and tasks

"CI/CD and Security."

City	Education	Experience	Knowledge	Gross salary / year
Fortaleza	Bachelors Degree	12-16 Years	Expert	206,700 BRL

Product Manager

Posted 14 June 2022
Key knowledge and tasks

"Product, agile."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Masters Degree	12-16 Years	Expert	430,900 BRL

Managing Director

Posted 13 June 2022
Key knowledge and tasks

"In charge of business in brazil P&L."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	16-20 Years	Expert	599,500 BRL

Managing Director

Posted 13 June 2022
Key knowledge and tasks

"Managing the entire subsidiary (sales, service, administration)."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	4-8 Years	Expert	304,700 BRL

Node Developer

Posted 09 June 2022
Key knowledge and tasks

"Node. js."

City	Education	Experience	Knowledge	Gross salary / year
Guarulhos	Masters Degree	1-2 Years	Expert	77,700 BRL

Sr Devops Engineer

Posted 08 June 2022
Key knowledge and tasks

"Cloud."

City	Education	Experience	Knowledge	Gross salary / year
Porto Alegre	Bachelors Degree	16-20 Years	Expert	524,200 BRL

Software Engenieer

Posted 29 May 2022
Key knowledge and tasks

"Programing."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	8-12 Years	Expert	148,700 BRL

Ux Design Specialist

Posted 28 May 2022
Key knowledge and tasks

"Product design."

City	Education	Experience	Knowledge	Gross salary / year
Belo Horizonte	Bachelors Degree	12-16 Years	Advanced	133,800 BRL

Capital Program Manager

Posted 27 May 2022
Key knowledge and tasks

"Project and Program management, capital asset development projects, oil and gas, ."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Doctorate Degree	16-20 Years	Expert	1,067,700 BRL

Fp&a Coordinator

Posted 16 April 2022
Key knowledge and tasks

"Financial management, corporate finance, budgeting, forecasting, reporting."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	2-4 Years	Advanced	111,500 BRL

Secretary

Posted 18 March 2022
Key knowledge and tasks

"Business administration."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Some College	0-1 Year	Basic	34,500 BRL

Project Manager

Posted 11 March 2022
Key knowledge and tasks

"Project management."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	12-16 Years	Expert	169,300 BRL

Product Owner

Posted 21 February 2022
Key knowledge and tasks

"Scrum
Priorization
Backlog
Team."

City	Education	Experience	Knowledge	Gross salary / year
Porto Alegre	Bachelors Degree	4-8 Years	Intermediate	69,700 BRL

Hr Specialist

Posted 20 February 2022
Key knowledge and tasks

"Compensation and Analytcis."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	4-8 Years	Advanced	53,600 BRL

Especialista De Ti

Posted 17 February 2022
Key knowledge and tasks

"Linux, Unix, SQL, Grafana, ElasticSearch, Weblogic, Shell Scripting, Python."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	12-16 Years	Advanced	160,800 BRL

Human Resources Manager

Posted 15 February 2022
Key knowledge and tasks

"Responsible for Human development and benefits policy management."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Bachelors Degree	16-20 Years	Expert	197,400 BRL

Director

Posted 16 January 2022
Key knowledge and tasks

"Director of Strategy."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	16-20 Years	Expert	325,300 BRL

Senior Devops Engineer

Posted 14 January 2022
Key knowledge and tasks

"Jenkins, cloud, terraform, aws, gcp, azure."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Some College	4-8 Years	Advanced	282,000 BRL

Audit Manager

Posted 14 January 2022
Key knowledge and tasks

"Audit."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	4-8 Years	Expert	122,500 BRL

Ruby Developer

Posted 03 January 2022
Key knowledge and tasks

"Ruby Java JavaScript VueJs NodeJs MySql PostgreSQL Spring."

City	Education	Experience	Knowledge	Gross salary / year
Sao José dos Campos	Bachelors Degree	4-8 Years	Advanced	144,600 BRL

Cloud Security Architect

Posted 25 December 2021
Key knowledge and tasks

"Azure and M365."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Bachelors Degree	8-12 Years	Expert	162,700 BRL

Application Engineer

Posted 16 December 2021
Key knowledge and tasks

"Customer communication, technical presentation and changes management."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	2-4 Years	Intermediate	92,200 BRL

Broadcast Engineer

Posted 03 December 2021
Key knowledge and tasks

"Broadcast Engineer, Workflow, ."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	8-12 Years	Advanced	180,700 BRL

Director

Posted 27 November 2021
Key knowledge and tasks

"Directing the engineering department."

City	Education	Experience	Knowledge	Gross salary / year
Brasília	Bachelors Degree	4-8 Years	Advanced	135,600 BRL

Writer

Posted 22 November 2021
Key knowledge and tasks

"Research, linguistics skills."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	16-20 Years	Advanced	216,900 BRL

Program Manager Staff Leader

Posted 17 November 2021
Key knowledge and tasks

"Lead program management and customer service teams for latam region."

City	Education	Experience	Knowledge	Gross salary / year
Belo Horizonte	Masters Degree	12-16 Years	Advanced	469,900 BRL

Especialist

Posted 09 November 2021
Key knowledge and tasks

"Relationship and partnership."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Masters Degree	8-12 Years	Expert	146,800 BRL

Solutuions Archtect

Posted 03 November 2021
Key knowledge and tasks

"Understand all products necessities and design solution to code."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	Bachelors Degree	2-4 Years	Advanced	108,400 BRL

Customer Success Specialist

Posted 29 October 2021
Key knowledge and tasks

"CSS, CSM, ."

City	Education	Experience	Knowledge	Gross salary / year
Campinas	Bachelors Degree	2-4 Years	Expert	93,700 BRL

Real Estate Property And Leasing Supervisor

Posted 14 October 2021
Key knowledge and tasks

"Property management
Leasing
Property maintenance."

City	Education	Experience	Knowledge	Gross salary / year
Brasília	Masters Degree	4-8 Years	Advanced	150,000 BRL

Agile Coach

Posted 13 October 2021
Key knowledge and tasks

"Scrum, Kanban, SAFe."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Masters Degree	12-16 Years	Expert	185,300 BRL

Data Engineer

Posted 11 October 2021
Key knowledge and tasks

"Azure data analytics bi business intelligence sql database."

City	Education	Experience	Knowledge	Gross salary / year
Porto Alegre	Some College	2-4 Years	Advanced	94,900 BRL

Mechanical Maintenance Technician

Posted 11 October 2021
Key knowledge and tasks

"Performed repairs in machines."

City	Education	Experience	Knowledge	Gross salary / year
Rio de Janeiro	Some College	4-8 Years	Advanced	93,100 BRL

Ios Developer

Posted 10 October 2021
Key knowledge and tasks

"Develop key features to mobile ios apps."

City	Education	Experience	Knowledge	Gross salary / year
Sao Paulo	High School	2-4 Years	Advanced	108,400 BRL

ECONOMY / Brazil

Brazil has the 6th largest economy in the world by its nominal GDP and the 8th largest by its PPP (purchasing power parity) in year 2012 according to CIA. The economy is modern, inward oriented, and it's the largest in the Latin America and the 2nd largest in the Western Hemisphere. The Brazilian economy is on of the fastest growing among major economies in the world. Its annual growth is more than 5%. Brazil tend to be the country with the 5th largest economy in the world.

Brazilian labor force is estimated at around 101 million. 71% works in service sector, 19% in the industry sector, and 10% in agriculture.

Rio de Janeiro

Main industry

The largest Brazilian industries are machinery, automobile, aircraft, electronics, petrochemicals, mining, constructions, food and Beverage, textiles, and tourism.

The largest companies in Brazil are:

Petrobras (Oil & Gas Operations)
Vale (Mining)
Itaú Unibanco (Banking)
Ambev (Beverage)
Banco Bradesco (Banking)
Banco do Brasil (Banking)
OGX (Oil & Gas Operations)