From the Newsroom*
São Paulo – The Brazilian Gross Domestic Product (GDP), measured at market prices, reached R$ 1,937.6 billion in 2005, the equivalent to US$ 871.9 billion in current exchange values, according to information released today (30) by the Brazilian Institute for Geography and Statistics (IBGE). The growth of Brazilian economy was of 2.3% in comparison to 2004.
Livestock and agriculture participated with R$ 145.8 billion (or US$ 65.6 billion), industry with R$ 690.6 billion (US$ 310.8 billion) and the services sector with R$ 985.3 billion (US$ 443.4 billion). The remainder was taxes over products. According to the IBGE, the agriculture and livestock participation dropped from 10.1% in 2004 to 8.4% in 2005. The participation of industry and services, however, increased, to 40% and 57%, respectively.
The GDP per capita, which is the division of the GDP by the population living in the country, reached R$ 10,520, which is the equivalent to US$ 4,733.94. The value registered in 2004 was of R$ 9,810, or US$ 4,414.44.
*Translated by Silvia Lindsey
