12th Largest Global Economy: Brazil Regains Its Place in 2022

Written by Bruno Teles

Published on 03/03/2023 at 17:41

Maior Economia Global (foto/divulgação)

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Brazilian GDP Reaches US $1.92 Trillion in 2022 and Brazil Is the 12th Country with the Largest Global Economy. After Growing 2.9%, the Country Surpassed Its 2021 Performance, Which Was Harmed by the Strong Loss of the Real Against the Dollar.

The ranking of the largest economies in the world is led by the United States, which holds 25% of the global GDP, followed by China with 18%. However, Brazil managed to reach 12th place among the largest economies globally with R $9.9 trillion in 2022. This result was made possible by considering the value of the Gross Domestic Product (GDP) converted to dollars and also due to the growth rate of the local currency.

The good news arrived on Thursday (2) thanks to the Brazilian Institute of Geography and Statistics (IBGE), which released the Brazilian GDP. A milestone for the country, which saw its economy improve even amid global turmoil.

Largest Economies in the World in 2022

Ranking	Country	GDP 2022, Current Values (US$ Billion)*	Share of Global GDP
1st	United States	25,035.2	24.7%
2nd	China	18,321.2	18.0%
3rd	Japan	4,300.6	4.2%
4th	Germany	4,031.1	4.0%
5th	India	3,468.6	3.4%
6th	United Kingdom	3,198.5	3.1%
7th	France	2,778.1	2.7%
8th	Canada	2,200.4	2.2%
9th	Russia	2,133.1	2.1%
10th	Italy	1,996.9	2.0%
11th	Iran	1,973.7	1.9%
12th	BRAZIL	1,919.6	1.9%
13th	South Korea	1,734.2	1.7%
14th	Australia	1,724.8	1.7%
15th	Mexico	1,424.5	1.4%

*Prepared by: Austin Rating

ARTICLE CONTINUES BELOW

12th Largest Global Economy: Brazil Regains Its Place in 2022

Brazilian GDP Reaches US $1.92 Trillion in 2022 and Brazil Is the 12th Country with the Largest Global Economy. After Growing 2.9%, the Country Surpassed Its 2021 Performance, Which Was Harmed by the Strong Loss of the Real Against the Dollar.

Largest Economies in the World in 2022

Check Out the Comparison of Brazil’s GDP with Other Countries

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12th Largest Global Economy: Brazil Regains Its Place in 2022

Brazilian GDP Reaches US $1.92 Trillion in 2022 and Brazil Is the 12th Country with the Largest Global Economy. After Growing 2.9%, the Country Surpassed Its 2021 Performance, Which Was Harmed by the Strong Loss of the Real Against the Dollar.

Largest Economies in the World in 2022

Check Out the Comparison of Brazil’s GDP with Other Countries

At just 14 years old, a boy creates a system without energy, using steel pipes buried in the ground, that irrigates seedlings with moisture from the air, to combat the water scarcity threatening reforestation in northern China.

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

The German economist Wolf-Peter Schill has no doubts: “Electric cars are already far superior to cars with internal combustion engines.”

Brazil accelerates decarbonization in the South: International forum in Foz do Iguaçu gathers leaders to discuss the advancement of biomethane in the energy matrix and the potential of “caipira pre-salt.”

Alert in the fuel market: Analysts and a former director of ANP warn that oil prices may worsen in the coming months due to global instability.

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