Economy

How has the pandemic affected Brazil’s different regions?

As we never tire of saying on The Brazilian Report, Brazil is such a vast country, with immense diversity among its regions, states, and cities. For example, the population of the state of São Paulo is 74 times that of northern state Roraima. The Federal District — where capital city Brasília is located — enjoys a Human Development Index (HDI) similar to Portugal. Meanwhile, in northeastern states Alagoas and Maranhão, the index is the same as Iraq. Therefore, when we deal with nationwide economic data in Brazil, enormous regional differences are often masked. 

As a result of the Covid-19 pandemic, Brazil’s GDP is expected to fall around at least 6 percent this year. But such a unique situation as this coronavirus epidemic — with its myriad social, political, and economic consequences — has different effects depending on which part of Brazil you are looking at.

Below we have laid out five crucial indicators to illustrate the current moment in Brazil. Crucially, however, they are all split into the country’s different regions or, where possible, states.

Economic activity

Every month, Brazil’s Central Bank publishes its economic activity index (IBC-Br) which is taken as a trustworthy predictor of GDP figures, which are only released months later. In the latest figures, corresponding to the month of...

José Roberto Castro

José Roberto covers politics and economics and is finishing a Master's Degree in Media and Globalization. Previously, he worked at Nexo Jornal and O Estado de S. Paulo.

Recent Posts

Market Roundup: The new skills corporate board members need

The months of April and May see the biggest changes in publicly listed companies, with…

20 hours ago

As elections near, what’s next for Panama’s closed copper mine?

Panama will hold its presidential elections on Sunday, months after huge protests saw thousands descend…

21 hours ago

Madonna concert to inject BRL 300 million into Rio economy

The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…

2 days ago

Panama ready to vote as Supreme Court clears frontrunner

Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…

2 days ago

Sabesp privatization edges closer with São Paulo legislation

The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…

2 days ago

Brazil’s AI regulation gets first draft to guide upcoming debates

The preliminary report on AI regulations presented to Brazil’s Senate last week provides a middle-of-the-road…

2 days ago