brazil-lgflagFederative Republic of Brazil is the only Portuguese-speaking member of the Caribbean Development Bank. Brazil, the largest country in South America and in the Southern Hemisphere; shares common boundaries with every South American country except Chile and Ecuador. Following more than three centuries under Portuguese rule, Brazil gained its independence in 1822, maintaining a monarchical system of government until the abolition of slavery in 1888 and the subsequent proclamation of a republic by the military in 1889. Brazil underwent more than a half century of populist and military government until 1985, when the military regime peacefully ceded power to civilian rulers.



Quick Facts

Capital City: Brasilia
Area: 8,515,770 sq km
Population: 207,353,391 (July 2017 est.)
Time Zone: UTC-3
GDP (PPP): 3.081 trillion trillion (2016 est.)

note: datum in 2016 US dollars
Currency: Brazilian Real (BRL)
% of Shares:(as of December 31, 2016)  1.12
Source: Central Intelligence Agency. (2017). The World Factbook: Brazil. Updated August 30, 2017

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