BRAZIL CRE INVESTMENT MARKET 2018-2023
The population of Brazil is 210 million people and is the 8th largest economy in the world. Total foreign direct Investment equal $10.6 B in September 2018. Brazil Jair Bolosinaro was elected as president is a market-friendly leader not accepting his controversial comments during his campaign, he should help boost confidence and foreign direct investment in Brazil. Brazil market expected to grow by 2.8% but we expect growth of 3.5% in 2019. We expect the economy will outperform in a lower than expected inflation environment. The growth will be sustained by higher confidence index and lower market rates, in an environment which leads to a decline in the unemployment rate and an improvement in credit market conditions favoring consumption and investment. With the process of globalization becoming part of Latin America, the capital flow has been easier and investments have increased in Brazil. Currently, Brazil is competing for foreign investments with other emerging economies, such as India, China, and South Africa. Sao Pablo Brazil.