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Brazil Economy
- Brazil is the 5th largest population in the world with a population of 200 million people.
- Brazil recently edged past China to become the largest emerging market in the world (Morgan Stanley Capital Int’l Emerging Markets Index September 10, 2008)
- Newly discovered and massive off-shore oil fields led to an invitation for Brazil to become a member of OPEC
- In 2009 Wal-Mart will invest $1B in Brazil
- The famed Silicon Valley venture capital firm Draper Fisher Jurvetson partnered with a leading Brazilian venture capital firm FIR Capital in Belo Horizonte with an initial capital contribution of $40M
- Brazil is an
undisputed global leader in clean and
renewable energies with a
concentrated emhasis on BioFuels.
Brazil Internet Usage
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Google made Brazil their center for all South American and Latin
American operations with most of its software development and
engineering to be based in Belo Horizonte
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Brazil leads all of Latin America and South America in the number of Internet users, well ahead of both Mexico and Argentina
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Brazil is Google’s fastest growing market outside of the U.S. generating an estimated $500 million per year in revenues.
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Brazil has the second largest user base of Google Gmail e-mail accounts
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Brazil has the third largest number of broadband users in the Americas, behind only the U.S. and Canada.
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Internet users in Brazil have doubled in each of the past three years
- 47% of Brazilian adult citizens have Internet
access which represents 59 million Internet users over the age of 16 according
to a March 2008 survey conducted by DataFolha and commissioned by F/Nazca
Saatchi & Saatchi. The survey also found that 53% of the people
surveyed regularly post content on the Internet.
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The average Brazilian Internet users spends 30.2 hours online a month,
substantially higher that Latin America (28.6 hours) and worldwide
(25.7 hours)
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Internet penetration in Brazil based on population is 26.1% and expected to grow by more than 300% over the next 3-5 years.
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Brazil is the worldwide leader in online E-Government especially in the
areas of e-participation, electronic voting, online tax filing and
e-procurement.
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In 2007 more PC’s were sold in Brazil than TV sets
Brazil Mobile Usage
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Mobile phone subscribers grew at an astonishing rate of 21% in 2007
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Mobile subscriber penetration is 67% compared to 80% for the U.S.
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Mobile subscribers in Brazil outnumber fixed line subscribers by more than 3 to 1
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Brazil is the 5th largest country for mobile phone penetration with China, U.S, Russia and India ahead of it.
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