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Browse Profiles > Brazil > Business Indicators

	Score	Rank
Standards Compliance Index	39.17 out of 100	45
Business Indicator Index	6.65 out of 12	56

Brazil

Business Indicators

With an overall score of 6.65/12, Brazil is progressing toward standard on the economic, legal, and political indicators that make up our Business Index. Brazil is a market-based economy, in which total government expenditure, including consumption and transfer payments, is relatively high. In 2006, total government spending equaled 20.9 percent of GDP, and 3 percent of government revenues came from state-owned enterprises and government ownership of property. Brazil encourages foreign investment, and foreign investors are subject to essentially the same laws and receive the same incentives as domestic investors. The deterrents to investment are the complexity of setting up a new company, a convoluted tax system, barriers to foreign investors in some sectors, and a complicated regulatory system. Property rights are secure, but the judicial process can take years. Corruption is also an obstacle, reflected by Brazil's ranking of 70th out of 163 countries in Transparency International's 2006 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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