Brazil's economy tops United Kingdom's

Brazil's Gross Domestic Product for the year was $2.469 trillion, according to the study -- making it the sixth-largest economy in the world.

Brazil eked ahead of the United Kingdom -- which had total production of $2.420 trillion -- by a razor-thin margin of only $49.2 billion.
"Brazil has a large workforce and extensive natural resources," said Tim Ohlenburg, a senior economist at CEBR. "It's set to grow faster than most European countries."
Still, the year wasn't all roses for the South American powerhouse. Growth slowed to only 2.7% in 2011, a sharp decline from the 7.5% rate registered in 2010.
The UK grew at only 0.8% last year, and the island nation's economy actually contracted slightly in the fourth quarter.
The United States, China, Japan, Germany and France remain the five largest economies in the world.


Comment: is good to see that other countries are staring to grew up in economy, now we have another big country with a big economy, and is good that they too start increasing the use of the natural resources. Brazil is a beautiful place, has more that on failure, but still is a very cool place to visit. I think is very, very good that this country just increase its economy. This is just the start to put Latin America in the next level, first is Brazil, them maybe Argentina, and who knows maybe then is the turn of Guatemala.