Q:

What is an average family income in Brazil?

A:

A 2013 OECD report indicates that the average family income in Brazil is approximately $10,310 after taxes and transfers are deducted. The average family in Brazil also has an average financial wealth of $6,875, though this value does not include nonfinancial assets.

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Full Answer

Brazil's average family incomes placed it at the bottom of the OECD income rankings. The average OECD country has an average family income of approximately $23,938. In Brazil, approximately 67 percent of the population between the ages of 15 and 64 is employed. Around 79 percent of Brazilian men are employed, compared to only 55 percent of the women.

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    What type of economic system does Brazil have?

    A:

    Economywatch.com describes Brazil's economy as a free market that is "organized along capitalist lines." Beginning in 2006, Brazil's economy became the largest in South America and ninth largest in the world as measured by purchasing power parity (PPP).

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    What is Brazil's climate?

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    From north to south, Brazil is a blend of tropical and subtropical climates. Because of the weather's consistency, the country maintains a friendly climate year-round.

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    Is Brazil a developed country?

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    As of 2015, Brazil is not considered a developed country. It is a developing country, according to the World Bank. The World Bank defines countries with an average gross national income of $11,905 or less as developing. The World Bank data shows Brazil's average GNI as $11,690 in 2013.

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    On what continent is Brazil?

    A:

    Brazil is the largest country on the continent of South America, which also includes the countries of Venezuela, Guyana, Suriname, Columbia, Ecuador, Peru, Bolivia, Paraguay, Chile, Argentina and Uruguay. Three territories are also considered part of the South American continent: the Galapagos Islands, the Falkland Islands and French Guiana.

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