Garbage in Rio

Brazil’s GDP is expected to grow 0% this year. And that’s good news

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In 2017, Brazil’s GDP growth is expected to be 0%, according to the OECD.

Published   |  Photo by Reuters/Sergio Moraes
Garbage in Rio
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Because Brazil’s GDP shrank in 2015 and 2016, the flat growth is actually good news for the country.

Garbage in Rio
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Brazil annual GDP growth

Garbage in Rio
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The current crisis is more generalized than previous ones and has hit nearly all sectors.

Garbage in Rio
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Though things are bad now, not all is lost.

While growth may be flat in 2017, Brazil is at least seeing inflation fall and overdue reforms make progress, which should set the stage for 1.5% GDP growth in 2018.

🤞🇧🇷 😬

Published

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