Business climate in Brazil

Brazil ranks #54 of 54 on the overall business climate (score 19). Its strongest suit is momentum, followed by rule of law; the weakest is cost of capital.

Momentum59 / 100Rule of law32 / 100Red tape0 / 100Business taxes0 / 100Cost of capital0 / 100
DriverScoreRankMeasures
Red tape and ease of doing business0 #54 of 54Days to start a business (Doing Business): 80 (2017); Procedures to start a business (Doing Business): 11 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 125 (2017)
Rule of law and legal certainty32 #46 of 54Liberal democracy (V-Dem): 0.70 (2025); Corruption perceptions score (higher = cleaner): 34 (2024); Strength of legal rights for borrowers and lenders: 2.00 (2017)
Taxes on business0 #52 of 53Corporate income tax rate (headline): 34 (2026); Total tax and contribution rate on commercial profits: 68 (2017)
Cost of capital0 #27 of 27Real interest rate: 37 (2025); Bank lending interest rate: 45 (2025)
Energy prices for business––no comparable figure yet
Growth momentum and investment trend59 #14 of 53Real GDP growth, average of the last five years: 3.35 (2025); Growth trend: last three years against 2015-2019: 3.48 (2025); Foreign direct investment, net inflows: 2.90 (2023)
2010: 7.5%102011: 4.0%112012: 1.9%122013: 3.0%132014: 0.5%142015: -3.6%152016: -3.3%162017: 1.3%172018: 1.8%182019: 1.2%192020: -3.3%202021: 4.8%212022: 3.0%222023: 3.2%232024: 3.4%242025: 2.3%25
Real GDP growth by year (World Bank). Green bars: growth; red: contraction.

Countries with a similar profile

Malta · India · South Africa · Morocco

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Sources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.