Brazil under Lula surpasses USA and Japan in economic growth

Brazil under Lula surpasses USA and Japan in economic growth

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Under Lula's government, Brazil stood out in economic growth, even surpassing the United States and Japan!

The Brazilian economy grew by 2.9% in 2023, nearly reaching the global average of 3.1% estimated by the IMF. This is an incredible achievement, especially when compared to the world's largest economies, which had an average growth of only 2.3%.

Brazil closed last year with an accumulated growth of 2.9%, according to data from IBGE. Meanwhile, countries like India, China, and Indonesia continued to thrive with performance above 5%.

The USA grew by 2.5%, an increase from the previous year, but still below what the country's central bank considers ideal. In Europe, the outlook was not so encouraging, with countries like the United Kingdom and Germany practically stagnating.

Despite IMF projections indicating global growth of 3.1% in 2023, with Brazil remaining the eighth-largest economy in the world, the stronger dollar may affect these numbers.

Anyway, it's exciting news for Brazil, showing that we are on the right path to a promising economic future!