Bric Country Comparative

Comparative Economic Indicators

Conducting Research and Collecting Data on BRIC countries

Comparing BRIC economics

Assignment 1 (September 8, 2015)

BUS101: Principles of Business

Abstract

This assignment tells an analysis of the comparative economic indicators which includes the likes of (GDP, per capita income, inflation rate, population and population growth, the unemployment rate as well as currency rates) on the BRIC countries (Brazil, Russia, India, China) in order to provide information on potential investment opportunities for each country and which country would be the best investment.

The Focus

Brazil which is arguably the largest South American market has a GDP (Gross Domestic Product defined as “the broadest quantitative measure of a nation's total economic activity. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.”) That is currently on the rise after a large dip due to the fact of the last recession that roughly hit starting in 2007 and was at its prime in 2009. Currently Brazil has a GDP growth rate of two point four nine percent per year. This is the highest it has been since 2011, it currently seems to be on a steady stream upwards. While the like of China’s (the country that makes everything we use practically) GDP has a rate of seven point seven six percent changes but seems to be leveling out on its growth. India’s GDP is on a six point nine percent upward track for the coming years as the country continues to grow in population. Russia (the great and mighty) has a GDP that does not seem to be all so great and mighty it is on a downward spiral currently sitting at a one point three two percent and does not seem to be rising anytime soon. This may be very well due to that fact of conflicts with Ukraine and sanctions put on Russia due to these conflicts.

The Per capita income for Brazil is on a slight downfall...