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Economy of Brazil vs Sweden compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $604B for Sweden, ranking 10/197 and 26/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $199B (33% of GDP) in Sweden.

Brazil vs Sweden GDP by year

Brazil
Sweden
1x
Year GDP, current $
Brazil Sweden
2024 $2,185,821,648,944 $603,715,224,266
2023 $2,191,131,869,706 $578,990,915,246
2022 $1,951,923,832,084 $575,071,237,641
2021 $1,670,647,464,063 $631,693,331,301
2020 $1,476,107,292,152 $544,265,668,452
2019 $1,873,288,158,839 $530,894,124,494
2018 $1,916,933,708,353 $549,649,344,043
2017 $2,063,514,688,806 $535,172,356,785
2016 $1,795,693,265,999 $513,058,312,951
2015 $1,802,211,999,456 $501,602,351,912
2014 $2,456,043,766,032 $577,727,767,304
2013 $2,472,819,362,044 $584,125,353,119
2012 $2,465,228,293,707 $549,739,674,655
2011 $2,616,156,606,579 $570,538,581,144
2010 $2,208,838,108,484 $492,750,897,239
2009 $1,666,996,294,252 $434,311,714,442
2008 $1,695,855,391,758 $514,614,100,833
2007 $1,397,114,247,189 $490,047,789,548
2006 $1,107,626,711,163 $422,528,394,459
2005 $891,633,826,625 $391,688,455,929
2004 $669,289,321,945 $384,545,442,175
2003 $558,233,724,165 $334,072,443,516
2002 $509,795,270,685 $267,371,907,447
2001 $559,983,704,094 $242,497,797,485
2000 $655,448,188,259 $262,903,560,280
1999 $599,642,075,004 $274,318,357,862
1998 $863,711,007,325 $270,887,306,759
1997 $883,206,452,795 $268,249,616,891
1996 $850,426,433,004 $291,949,597,375
1995 $769,333,330,412 $267,050,453,507
1994 $525,369,851,354 $228,699,066,874
1993 $368,295,778,245 $212,644,602,616
1992 $328,187,960,872 $283,908,914,454
1991 $342,609,231,343 $273,831,464,572
1990 $390,725,626,003 $261,466,577,009
1989 $412,990,820,287 $217,632,340,195
1988 $307,881,930,752 $206,686,590,776
1987 $283,056,836,894 $182,744,315,974
1986 $256,480,852,471 $150,279,869,729
1985 $210,879,844,639 $113,958,084,357
1984 $188,339,974,087 $109,043,045,407
1983 $189,656,506,321 $104,862,109,663
1982 $271,314,113,768 $114,214,731,799
1981 $258,015,174,749 $129,498,921,476
1980 $237,393,489,893 $141,886,067,004
1979 $221,338,204,480 $123,207,527,699
1978 $200,278,646,124 $104,290,933,496
1977 $176,344,101,402 $94,331,782,622
1976 $153,168,949,208 $89,232,517,046
1975 $129,203,555,239 $82,765,232,648
1974 $109,794,519,728 $65,917,634,590
1973 $83,592,275,863 $59,318,842,992
1972 $58,434,858,375 $48,883,173,400
1971 $48,869,830,902 $41,506,151,115
1970 $42,327,664,794 $38,037,226,668
1969 $37,171,640,819 $33,967,301,561
1968 $33,930,457,425 $31,277,871,669
1967 $31,086,389,195 $29,474,881,506
1966 $28,283,323,733 $27,154,716,721
1965 $22,465,522,884 $24,963,947,415
1964 $20,963,733,695 $22,685,490,195
1963 $23,287,712,878 $20,342,131,882
1962 $19,231,747,852 $18,794,066,990
1961 $17,275,940,449 $17,329,620,585
1960 $17,030,465,539 $15,930,075,467

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/brazil/sweden | CC BY

GDP per capita in Brazil vs Sweden by year

Brazil
GDP per capita

GDP per capita, PPP
Sweden
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Sweden
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $57,117 $71,845
2023 $10,378 $21,176 $54,950 $69,226
2022 $9,281 $19,877 $54,837 $67,076
2021 $7,973 $18,076 $60,648 $62,732
2020 $7,074 $16,102 $52,569 $57,489
2019 $9,030 $16,070 $51,649 $57,046
2018 $9,301 $15,464 $54,018 $53,122
2017 $10,081 $14,559 $53,210 $51,474
2016 $8,836 $14,309 $51,704 $50,290
2015 $8,936 $14,821 $51,188 $48,772
2014 $12,275 $15,827 $59,583 $46,841
2013 $12,459 $15,722 $60,844 $46,098
2012 $12,522 $15,198 $57,750 $45,207
2011 $13,397 $15,212 $60,379 $44,333
2010 $11,403 $14,452 $52,543 $41,951
2009 $8,679 $13,391 $46,708 $40,094
2008 $8,908 $13,445 $55,817 $41,907
2007 $7,410 $12,673 $53,568 $40,813
2006 $5,934 $11,751 $46,531 $37,672
2005 $4,828 $11,081 $43,378 $34,198
2004 $3,664 $10,526 $42,758 $33,805
2003 $3,091 $9,802 $37,292 $31,788
2002 $2,856 $9,617 $29,958 $30,987
2001 $3,176 $9,304 $27,259 $29,946
2000 $3,767 $9,092 $29,633 $29,636
1999 $3,494 $8,635 $30,969 $27,496
1998 $5,106 $8,599 $30,605 $25,897
1997 $5,299 $8,602 $30,324 $24,817
1996 $5,179 $8,301 $33,022 $23,952
1995 $4,757 $8,097 $30,254 $23,084
1994 $3,299 $7,727 $26,046 $21,835
1993 $2,349 $7,260 $24,390 $20,700
1992 $2,127 $6,869 $32,753 $20,767
1991 $2,258 $6,867 $31,777 $20,663
1990 $2,620 $6,688 $30,549 $20,357
1989 $2,819 - $25,625 -
1988 $2,141 - $24,499 -
1987 $2,006 - $21,761 -
1986 $1,854 - $17,955 -
1985 $1,556 - $13,647 -
1984 $1,420 - $13,080 -
1983 $1,461 - $12,590 -
1982 $2,138 - $13,719 -
1981 $2,080 - $15,564 -
1980 $1,959 - $17,073 -
1979 $1,870 - $14,856 -
1978 $1,733 - $12,602 -
1977 $1,562 - $11,432 -
1976 $1,390 - $10,853 -
1975 $1,201 - $10,103 -
1974 $1,045 - $8,078 -
1973 $815 - $7,291 -
1972 $583 - $6,018 -
1971 $500 - $5,125 -
1970 $444 - $4,729 -
1969 $399 - $4,263 -
1968 $374 - $3,953 -
1967 $351 - $3,746 -
1966 $328 - $3,478 -
1965 $268 - $3,228 -
1964 $257.3 - $2,961 -
1963 $294.2 - $2,675 -
1962 $250.2 - $2,485 -
1961 $231.6 - $2,304 -
1960 $235.3 - $2,128 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/brazil/sweden | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $57,117 in Sweden, ranking 17/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Sweden ranks 23rd at $71,845.

Economic indicators

Brazil Sweden
Gross domestic product
$2.19T
2024
$604B
2024
GDP rank
10/197
2024
26/197
2024
GDP growth
3.42%
2023-2024
0.82%
2023-2024
GDP per capita
$10,311
2024
$57,117
2024
GDP per capita rank
85/197
2024
17/197
2024
GDP per capita, PPP
$22,338
2024
$71,845
2024
GDP per capita PPP rank
88/197
2024
23/197
2024
Government debt
$1.91T
2024
$199B
2024
Debt-to-GDP ratio
87.3%
2024
33%
2024
Government debt per person
$8,999
2024
$18,842
2024
Government debt per person rank
60/185
2024
32/185
2024
Average annual personal income after taxes
$6,263
2026
$42,066
2026
Market capitalization of domestic companies
$659B
2024
$290B
2003
Number of millionaires
433,000
2025
490,000
2025
Number of billionaires
56
2025
45
2025
Income share by richest 10%
40.8%
2023
22.3%
2023
Income share by poorest 10%
1.3%
2023
2.8%
2023
Government expenditure, % of GDP
45.7%
2024
49.3%
2024
Consumer prices inflation
4.4%
2023-2024
2.84%
2023-2024
Central bank interest rate
15%
2025
1.75%
2025
Unemployment rate
6.8%
2024
8.31%
2024
Population
213824938
10680056

Spending and national debt comparison by year

Brazil
Spending

Debt
Sweden
Spending

Debt
1x
Year % of GDP
Brazil Sweden
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 49.3% 33%
2023 45.3% 84% 48.9% 31.8%
2022 43.4% 83.9% 48.3% 33.9%
2021 40.4% 88.9% 49.3% 37%
2020 46.2% 96% 52% 40.2%
2019 43% 87.1% 48.8% 35.8%
2018 44.2% 84.8% 49.8% 39.9%
2017 44.3% 82.7% 49.2% 41.6%
2016 45.5% 77.4% 49.5% 42.9%
2015 46.2% 71.7% 49.4% 44.5%
2014 41.4% 61.6% 50.7% 45.7%
2013 39.8% 59.6% 51.4% 40.8%
2012 39.3% 61.6% 50.2% 38%
2011 39.4% 60.6% 49.1% 37.7%
2010 39.5% 62.4% 49.7% 38.6%
2009 40.5% 64.7% 51.7% 41.2%
2008 39.9% 61.4% 49.4% 38%
2007 40.4% 63% 48.5% 39.2%
2006 42.6% 64.6% 50.1% 43.8%
2005 41.9% 67% 51.2% 48.9%
2004 39.7% 68% 51.7% 48.7%
2003 41.3% 71.5% 53% 49.4%
2002 44.5% 76.1% 52.7% 49.8%
2001 39.8% 67.3% 51.7% 52%
2000 34.5% 62.2% 52.2% 50.4%
1999 39.6% 44.5% 55.2% 60.3%
1998 40.9% 38.9% 55.6% 65.4%
1997 38.6% 31.8% 57.9% 67.7%
1996 38.2% 30.7% 60% 68.9%
1995 - 28% 62.1% 68.7%
1994 - 30% 65.3% 68.6%
1993 - 32.6% 67.9% 66.1%
1992 - 37.1% 66.5% 45.7%
1991 - 38.1% 61.2% 40.2%
1990 - 40.6% 57.5% 40.3%
1989 - 40.2% 35.8% 44.8%
1988 - 46.9% 37.9% 50.3%
1987 - 50.3% 40.9% 56%
1986 11.7% 49.4% 42.1% 59.5%
1985 11.1% 52.6% 47.6% 61.2%
1984 10% 55.8% 46.7% 57.5%
1983 9.7% 51.5% 48.6% 54.5%
1982 8.1% 32.8% 46.4% 47.9%
1981 7.8% 34.6% 46.1% 41.5%
1980 6.8% 39.7% 41% 34.4%
1979 9% 36.6% 39.9% 28.3%
1978 10.2% 37% 39.1% 24%
1977 10.4% 31% 35.7% 21%
1976 10.6% 31.8% 32.3% 19%
1975 10.7% 27.7% 30.6% 19.9%
1974 10.5% 25.7% 30.1% 19.4%
1973 11% 22.4% 31.1% 18%
1972 12.6% 22.5% 31.9% 17.2%
1971 11.7% 17.9% 29.8% 16.9%
1970 11.4% 17% 29.5% 16.9%
1969 11.2% 16.5% 28.7% 17.6%
1968 14.4% 15.8% 28.3% 17.6%
1967 13.5% 13.8% 27.7% 16.1%
1966 14.6% 19.6% 26.5% 15.3%
1965 14% 17.6% 24.6% 17%
1964 25.4% 22.2% 23.4% 18.7%
1963 22.8% 20.4% 24.4% 20.7%
1962 23.1% 23.7% 23.4% 23%
1961 12% 25.7% 23.7% 26%
1960 13.7% 22.3% 24.4% 28.6%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/sweden | CC BY

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Sweden spent $298B, or 49.3% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 33% in Sweden, ranking 38/185 and 148/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Sweden
1x
Year Deficit/surplus, % of GDP
Brazil Sweden
2024 -6.19% -1.72%
2023 -7.71% -0.63%
2022 -3.96% 1%
2021 -2.63% -0.15%
2020 -11.6% -3.18%
2019 -4.86% 0.44%
2018 -6.99% 0.67%
2017 -7.97% 1.29%
2016 -7.99% 0.86%
2015 -9.28% -0.27%
2014 -6.27% -1.84%
2013 -3.42% -1.63%
2012 -2.35% -1.19%
2011 -2.74% -0.41%
2010 -3.55% -0.14%
2009 -4.23% -0.89%
2008 -2.39% 1.87%
2007 -2.66% 3.37%
2006 -4.87% 2.2%
2005 -3.36% 2.08%
2004 -2.95% 0.17%
2003 -5.4% -1.25%
2002 -4.15% -1.46%
2001 -3.47% 1.37%
2000 -3.32% 3.11%
1999 -5.17% 0.6%
1998 -7.22% 0.82%
1997 -5.6% -1.57%
1996 -5.35% -3.11%
1995 - -7.01%
1994 - -8.77%
1993 - -10.9%
1992 - -8.51%
1991 - 0.28%
1990 - 3.7%
1989 - 1.5%
1988 - -0.64%
1987 - -2%
1986 -1.6% -6.21%
1985 -1.3% -9.91%
1984 -0.4% -12.1%
1983 0.1% -15.1%
1982 1.4% -13.4%
1981 1% -12.8%
1980 2.5% -11.5%
1979 0.4% -9.95%
1978 -0.1% -7.32%
1977 0.1% -3.32%
1976 0.1% -1.27%
1975 0% -4.05%
1974 0.6% -4.12%
1973 0.1% -3.28%
1972 -0.1% -2.17%
1971 -0.3% -1.67%
1970 -0.4% -2.64%
1969 -0.6% -2.03%
1968 -1.6% -2.37%
1967 -2.1% -1.41%
1966 -1.3% -0.33%
1965 -2% -0.17%
1964 -8.79% -0.1%
1963 -5.78% 0.41%
1962 -6.82% 0.7%
1961 -2.93% 0.56%
1960 -3.85% -2.67%
1959 -0.18% -2.53%
1958 -0.76% -2.31%
1957 -0.29% -2.1%
1956 -0.14% -1.21%
1955 -0.62% -1.72%
1954 -0.49% -1.52%
1953 -1.26% -2.47%
1952 0.64% -0.16%
1951 0.87% -0.9%
1950 -1.58% -1.64%
1949 -1.22% -0.74%
1948 0.002% 0.29%
1947 0.25% -1.08%
1946 -1.78% -0.61%
1945 -2.87% -8.04%
1944 -2.37% -8.66%
1943 -0.75% -10.7%
1942 -2.55% -11.8%
1941 -2.15% -13.1%
1940 -1.13% -8.16%
1939 -1.2% -1.13%
1938 -0.59% -0.07%
1937 -1.62% 0.46%
1936 -0.27% -0.64%
1935 -0.5% -2.19%
1934 -2.28% -1.88%
1933 -1.56% -4.1%
1932 -6.47% -1.56%
1931 -1.56% -0.05%
1930 -3.58% 0.09%
1929 -0.09% -0.39%
1928 0.57% -0.06%
1927 0.12% -1.14%
1926 -0.76% -1.11%
1925 -0.07% -1.44%
1924 -0.45% -0.99%
1923 -1.94% -1.65%
1922 -3.8% -3.17%
1921 -2.98% -3.55%
1920 -3.11% -0.6%
1919 -3.69% 0.17%
1918 -4.51% -8.59%
1917 -4.8% -0.26%
1916 -4.35% -0.23%
1915 -6.33% -0.94%
1914 -7.32% -0.55%
1913 -1.91% -0.17%
1912 -3.05% -0.51%
1911 -2.15% -0.87%
1910 -2.06% -0.81%
1909 -1.62% -2.08%
1908 -1.89% -2.27%
1907 0.38% -0.68%
1906 0.28% -0.66%
1905 0.96% -0.34%
1904 -0.62% -0.56%
1903 1.79% 0.08%
1902 1.59% -1.57%
1901 -2.46% -1.34%
1900 -5.57% -0.32%
1899 -2.13% 0.57%
1898 -14% 0.91%
1897 -2.38% 1.09%
1896 -0.79% -0.59%
1895 -1.33% 1%
1894 -4.11% 0.47%
1893 -1.77% -0.49%
1892 -2.6% -0.68%
1891 0.51% -0.6%
1890 -3.02% 0.33%
1889 -3.79% 0.19%
1888 0.63% -0.05%
1887 -0.76% -1.5%
1886 -3.8% -0.98%
1885 -5.71% -0.08%
1884 -3.89% 0.24%
1883 -3.33% 0.16%
1882 -1.58% 0.36%
1881 -1.9% -0.17%
1880 -4.84% -0.47%
1879 - -1.89%
1878 - -2.04%
1877 - -1.21%
1876 - -1.07%
1875 - -1.26%
1874 - -1.05%
1873 - 0.06%
1872 - -0.15%
1871 - 0.22%
1870 - -0.42%
1869 - -1.52%
1868 - -1.67%
1867 - -1.17%
1866 - -3.01%
1865 - -2.02%
1864 - -2.3%
1863 - -1.58%
1862 - -1.35%
1861 - -1.11%
1860 - -2.03%
1859 - -2.17%
1858 - -2.36%
1857 - -0.62%
1856 - -0.08%
1855 - -0.09%
1854 - -0.19%
1853 - 0.17%
1852 - -0.31%
1851 - -0.07%
1850 - 0.004%
1849 - 0.09%
1848 - 0.12%
1847 - 0.08%
1846 - 0.13%
1845 - 0.04%
1844 - 0.009%
1843 - 0.05%
1842 - -0.12%
1841 - 0.06%
1840 - -0.01%
1839 - -0.006%
1838 - 0.09%
1837 - -0.38%
1836 - -0.08%
1835 - 0.08%
1834 - -0.12%
1833 - 0.09%
1832 - 0.01%
1831 - -0.1%
1830 - -0.45%
1829 - 2.7%
1828 - 0.03%
1827 - -0.16%
1826 - 0.37%
1825 - 0.18%
1824 - -0.23%
1823 - 0.37%
1822 - -0.03%
1821 - -0.49%
1820 - 0.26%
1819 - 0.09%
1818 - 0.35%
1817 - 0.35%
1816 - 0.16%
1815 - 2.34%
1814 - -0.45%
1813 - -0.37%
1812 - 3.47%
1811 - -0.48%
1810 - -3.05%
1809 - -7.65%
1808 - -5.04%
1807 - 0.1%
1806 - 0.55%
1805 - 0.52%
1804 - -0.25%
1803 - 11.6%
1802 - 2.17%
1801 - 0.01%
1800 - -0.44%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1800–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/sweden | CC BY

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Sweden's deficit of $10.4B, or 1.72% of GDP.

Over the past 65 years, Brazil recorded a fiscal deficit in 46 of those years, while Sweden ran a deficit in 45 years. On average, Brazil posted an annual deficit equal to 3.24% of GDP, compared to deficit of 2.46% of GDP for Sweden.

Inflation comparison by year

Inflation
Brazil

Sweden
1x
Year Consumer prices inflation
Brazil Sweden
2024 4.4% 2.84%
2023 4.6% 8.55%
2022 9.3% 8.37%
2021 8.3% 2.16%
2020 3.2% 0.5%
2019 3.7% 1.78%
2018 3.7% 1.95%
2017 3.4% 1.79%
2016 8.7% 0.98%
2015 9% -0.05%
2014 6.3% -0.18%
2013 6.2% -0.04%
2012 5.4% 0.89%
2011 6.6% 2.96%
2010 5% 1.16%
2009 4.9% -0.49%
2008 5.7% 3.44%
2007 3.6% 2.21%
2006 4.2% 1.36%
2005 6.9% 0.45%
2004 6.6% 0.37%
2003 14.7% 1.93%
2002 8.4% 2.16%
2001 6.8% 2.41%
2000 7% 0.9%
1999 4.9% 0.46%
1998 3.2% -0.27%
1997 6.9% 0.66%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/brazil/sweden | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 1.76% in Sweden. In 2024, inflation was 4.4% in Brazil and 2.84% in Sweden.

Top exports between countries

Brazil
Export category Export value
Raw materials & minerals $427M
Raw agricultural goods $178M
Machinery & equipment $167M
Metals $20.2M
Wood & paper products $16.5M
Animal & marine products $9.76M
Textiles & consumer goods $5.84M
Processed food, beverages & tobacco $4.03M
Chemicals & pharma $2.94M
Precious metals & jewellery $214K
Sweden
Export category Export value
Machinery & equipment $1.1B
Transport & tourism services $468M
IT & IP services $282M
Chemicals & pharma $180M
Metals $178M
Business & finance services $118M
Wood & paper products $39.2M
Manufacturing & construction services $36.5M
Raw agricultural goods $34.1M
Textiles & consumer goods $26.7M

Balance of trade

Brazil Sweden
Current account balance
-$66.2B
2024
$35.8B
2024
Current account balance ranking
188/190
2024
17/190
2024
Current account balance, % of GDP
-3.03%
2024
+5.92%
2024
Goods imports
$274B
2024
$188B
2024
Goods exports
$340B
2024
$218B
2024
Service imports
$103B
2024
$126B
2024
Service exports
$48.1B
2024
$116B
2024
Imports of goods and services, % of GDP
17.6%
2024
51.6%
2024
Exports of goods and services, % of GDP
17.9%
2024
54.3%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Brazil Sweden
Economic freedom 52.4 77.8
Economic freedom ranking 148/197 14/197
Property rights 49.2 96.2
Government integrity 37.2 91.6
Judicial effectiveness 55.6 95.6
Tax burden 70.6 51.6
Government spending 39.8 28.4
Fiscal health 28 97.5
Business freedom 65.7 84.8
Labor freedom 57 65.8
Monetary freedom 76 78.1
Trade freedom 69 79.4
Investment freedom 40 85
Financial freedom 40 80

Economic freedom comparison by year

Brazil
Sweden
1x
Year Economic freedom index
Brazil Sweden
2026 52.4 77.8
2025 55.1 77.9
2024 53.2 77.5
2023 53.5 77.5
2022 53.3 77.9
2021 53.4 74.7
2020 53.7 74.9
2019 51.9 75.2
2018 51.4 76.3
2017 52.9 74.9
2016 56.5 72
2015 56.6 72.7
2014 56.9 73.1
2013 57.7 72.9
2012 57.9 71.7
2011 56.3 71.9
2010 55.6 72.4
2009 56.7 70.5
2008 56.2 70.8
2007 56.2 69.3
2006 60.9 70.9
2005 61.7 69.8
2004 62 70.1
2003 63.4 70
2002 61.5 70.8
2001 61.9 66.6
2000 61.1 65.1
1999 61.3 64.2
1998 52.3 64
1997 52.6 63.3
1996 48.1 61.8
1995 51.4 61.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/brazil/sweden | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 77.8 for Sweden, ranking 14/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Sweden
Services, % of GDP
59.2%
2024
66.4%
2024
Industry, % of GDP
20.9%
2024
21.7%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
1.42%
2024
GNI, Atlas method
$2.11T
2024
$615B
2024
GNI per capita, PPP
$21,590
2024
$75,000
2024
Total reserves including gold
$330B
2024
$62.6B
2024
Total reserves ranking
11/177
2024
37/177
2024
Net foreign direct investment
-$47.8B
2024
$2.08B
2024
Net inflows of foreign direct investment
$74.1B
2024
$27B
2024
Net outflows of foreign direct investment
$26.3B
2024
$29.6B
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
16.1%
2022
Gross capital formation, % of GDP
17%
2024
25.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/brazil/sweden | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1800–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.