Brazil: Latin America's Largest National Economy

Brazil, Russia, India, China and South Africa are five countries that comprise BRICS, a network of nations with major emerging national economies. These newly industrialized countries set themselves apart with their budding nominal growth, and their great influence on global and local affairs. Also G-20 members (group of 20 finance ministers and central bank governor from 20 major economies), the five countries represent an estimated $4 trillion (US) in foreign reserves and a combined grossed domestic product (GDP) of $16.039 trillion (US).
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