Brazil: Macroeconomic Profile

Article Index

Overall, manufacturing has been the most dynamic field in the industrial sector, representing 20% of the Gross Domestic Product in 1993. Looked at from the standpoint of added value, the structure of manufacturing in 1992 presented the following sectorial distribution:

Structure of industrial production in Brazil (1992)

Sector

Contribution (%)

Foodstuffs, drinks and tobacco

15

Textiles and clothing

11

Machinery and transportation equipment

22

Chemical products

14

Other sectors

38

Total

100

 Source: IBGE

Turning to the energy sector, the country is now able to produce enough oil to satisfy 60% of its requirements, compared to only 20% during the 1970s. As new hydroelectric stations come on line, more electric energy is being produced.

The infrastructure in the telecommunications and transport sectors continues to expand and the privatization process is well under way.