Brazil About to Leave Group of World’s Ten Largest Economies

The country, which should drop from 9th to 12th place at the end of this year, was ranked 7th in 2011. The 40% devaluation of the real against the dollar this year was the main contributing factor.

RIO DE JANEIRO, BRAZIL - Brazil is about to leave the group of the ten largest economies in the world.

Now having the ninth-highest Gross Domestic Product (GDP) in US dollars, the country should drop to 12th place at the end . . .

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