For some bizarre reason Brazil is routinely placed on the list of rapidly growing economies, along side China and India. The Washington Post commits this sin in today's paper.
According to the IMF, Brazil's economy grew at 4.1 percent annual rate over the last three years and a 3.8 percent annual rate over the last five years. This is not especially fast for a developing country. By comparison, India's growth has averaged almost 9 percent over the last five years and China's growth has averaged more than 10 percent.
If you enjoyed this article, please consider making a tax-deductible donation today. For over 30 years, The American Prospect has delivered independent reporting that exposes corporate power, investigates political corruption, and analyzes threats to our democracy. Unlike many media outlets, we’re not owned by billionaires or corporations—we’re powered by readers like you.
Today’s independent journalism faces unprecedented challenges. Your support makes our reporting possible and keeps our work free and accessible to all. Whether it’s $5 or $50, every contribution helps sustain our nonprofit newsroom.
Join our community of supporters and make a donation today to help keep independent journalism thriving.
Copyright 2025 | The American Prospect, Inc. | All Rights Reserved
