It might be the most diversified economy in Latin America, and home to the best equity market south of the Rio Grande. Based on a list of Latin American economies watched by Barclays Capital, Brazil is trailed by Venezuela as the worst economy in the region for growth. But for an economy of this magnitude, and with an enviable consumer market, Brazil is getting beat out by the 1.4% growth expected in Latin America. Brazil's quarterly growth rate is in line with Latin America average forecasts at 2.4% in the second quarter and 3.2% quarterly growth in the third, Barclays estimates. Even Venezuela is expected to grow more than Brazil next year, making Brazil the slowest economy in the Americas in 2018.
Source: Forbes April 17, 2017 19:10 UTC