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BR

Brazil

Latin America · Brasília · BRL (Brazilian Real)

PIB
$2.18T
nominal, USD
Crescimento do PIB
3.4%
real, anual
Inflação
4.1%
anual
Capitalização de mercado
$870.73B
total cotado, USD

Visão geral da economia e do setor

Brazil is the largest economy in Latin America and the tenth largest in the world by nominal GDP, classified by the World Bank as an upper-middle-income economy. The economy is highly diversified, with major contributions from agriculture (soybeans, beef, sugar, coffee), energy (oil and gas via Petrobras), mining (iron ore, nickel), manufacturing, and an extensive services sector. Brazil is a leading global exporter of agricultural commodities and iron ore, and is a member of BRICS and MERCOSUR. The financial sector is deep and well-developed, anchored by large private and state-controlled banks, and a growing fintech ecosystem. GDP growth reached 3.4% in 2024, though it is projected to moderate in 2025–2026 amid high interest rates and persistent inflationary pressures.

Setores-chave

Oil & GasMiningAgricultureFinancial ServicesBeveragesIndustrial MachinerySteel & MetalsFood ProcessingTelecommunicationsElectric UtilitiesAviationRetail & E-CommerceFintech
📘 Saiba tudo sobre Brazil →

Macro

PIB nominal, USD$2.18T
Crescimento do PIB real, anual3.4%
Inflação anual4.1%
População pessoas213.0M
PIB per capita USD$9,565
Capitalização de mercado total cotado, USD$870.73B
Cap. de mercado / PIB39.9%
Desemprego6.2%
Empresas listadas463
BolsaB3 – Brasil, Bolsa, Balcão (BVMF)

Ano dos dados: 2024. Fontes: World Bank – World Development Indicators, IMF World Economic Outlook (April 2026), OECD Economic Outlook Volume 2025 Issue 1, US Department of State – 2025 Investment Climate Statement: Brazil, Baker McKenzie – Cross-Border Listings Guide: B3, B3 S.A. – Brasil, Bolsa, Balcão (official exchange data), Trading Economics, Worldometer GDP, Wikipedia – Economy of Brazil, disfold.com – Top Brazilian Companies by Market Cap, financecharts.com – Biggest Companies in Brazil, iShares EWZ fund data (BlackRock).

Maiores empresas listadas

As maiores empresas da principal bolsa local, por capitalização de mercado.

# Empresa Setor Capitalização de mercadoUSD Listagem nos EUA

ETFs negociados nos EUA

Fundos listados nos EUA que oferecem exposição a este mercado — a rota mais simples para muitos investidores americanos.

Ticker ETF Emissor Escopo Taxa de administração% anual Exposição% do fundo

Bolsa local e acesso

BolsaB3 – Brasil, Bolsa, Balcão
CódigoBVMF
Sitewww.b3.com.br/en_us
MoedaBRL

Acesso por corretoras locais

Non-resident foreign investors can access B3-listed equities directly by registering as a foreign investor (Annex IV/Resolution 4,373 framework) through a local custodian and obtaining a CPF number. Alternatively, US-based investors may access Brazilian equities via ADRs on NYSE/NYSE American or via US-listed ETFs such as EWZ without needing a local account. Several international online brokers (e.g., Interactive Brokers) offer direct access to B3. Brazil levies a 15% withholding tax on dividends and capital gains for non-resident investors in most circumstances; rates may differ under applicable tax treaties.

Corretoras globais com acesso a mercados estrangeiros

Listado apenas por conveniência — não constitui recomendação. Mercados disponíveis, taxas e regras de cadastro variam por corretora e pelo seu país de residência.

Relocalização e residência

Visto por investimento / programa de residência

Concessões Temporary residency (renewable, path to permanent residency and naturalization)

Brazil does not operate a formal 'Golden Visa' programme in the European sense. However, Brazil's immigration law (Lei de Migração No. 13,445/2017) provides for residency permits based on investment. Foreign nationals who make a qualifying investment in Brazil — typically a minimum of BRL 500,000 (approximately USD 90,000–100,000 at prevailing rates) in a Brazilian company or government-approved investment fund — may apply for a temporary residency visa. After four years of continuous residence, permanent residency may be sought, and after four additional years, naturalization may be applied for. The program is administered by the National Immigration Council (CNIg) and the Federal Police.

Investimento mínimo: $90.00K

Precisa de ajuda para candidatar-se? Consultores especializados em migração por investimento, como Henley & Partners.

Acesso para investidores estrangeiros

Foreign nationals wishing to reside in Brazil may apply for an investor visa or residency permit under the Lei de Migração framework. A Brazilian CPF (tax registration number) is required for most financial and legal activities. Brazil imposes worldwide income taxation on tax residents. Cost of living varies substantially by city; São Paulo and Rio de Janeiro are the most expensive. Portuguese language proficiency is practically necessary for daily life outside major business districts.

ADRs e cruzamentos listados nos EUA

Empresas deste país cujas ações também são negociadas nos EUA — investíveis em uma corretora americana comum.

EmpresaTicker nos EUATicker localObservação
Ambev S.A.ABEVABEV3Level III ADR on NYSE. Each ADR represents 1 common share of Ambev. Widely held as a consumer staples EM exposure.
Banco Bradesco S.A.BBDBBDC4Level III ADR on NYSE representing preferred shares. One ADR equals 1 preferred share.
Banco Santander Brasil S.A.BSBRSANB11Level II ADR on NYSE. Brazilian subsidiary of Santander Group listed independently on both B3 and NYSE.
Banco do Brasil S.A.BDORYBBAS3OTC ADR (Level I). State-controlled bank; primary listing on B3. Available to US investors via OTC markets.
Companhia de Saneamento Básico do Estado de São Paulo (Sabesp)SBSSBSP3Level III ADR on NYSE. Provides exposure to Brazilian water and sewage utility infrastructure in the state of São Paulo.
Embraer S.A.ERJEMBR3Level III ADR on NYSE. Each ADR represents 4 common shares of Embraer. Key ADR for aerospace sector exposure in EM.
Gerdau S.A.GGBGGBR4Level III ADR on NYSE. Represents preferred shares of Gerdau. Provides exposure to Latin American long-steel production.
Itaú Unibanco Holding S.A.ITUBITUB4Level III ADR on NYSE. One of the most liquid Brazilian bank ADRs. Represents preferred (PN) shares of Itaú Unibanco.
JBS S.A.JBSAYJBSS3OTC ADR (Level I). The world's largest meat processing company. Primary listing on B3; OTC trading available in the US.
Nu Holdings Ltd.NUROXO34 (BDR on B3)NYSE-primary listing; Brazilian Depositary Receipts (BDRs) trade on B3. Nu Holdings is incorporated in the Cayman Islands. One of the highest-market-cap Brazilian-origin companies globally.
Petróleo Brasileiro S.A. – Petrobras (Common)PBRPETR3Level III ADR on NYSE. Each ADR represents 2 common shares. Petrobras is among the most actively traded EM ADRs globally.
Petróleo Brasileiro S.A. – Petrobras (Preferred)PBR-APETR4Level III ADR on NYSE representing Petrobras preferred shares, which carry preferential dividend rights over common shares.
Suzano S.A.SUZSUZB3Level III ADR on NYSE. Provides US investors exposure to the global pulp market through the world's largest eucalyptus pulp producer.
Vale S.A.VALEVALE3Level III ADR on NYSE. One of the most traded commodity ADRs globally. Each ADR represents 1 ordinary share.
Tema