The president, Dilma Rousseff will begin a second four-year term in January 2015, amid political and economic difficulties. Her narrow election victory has weakened her position, and govemability will be challenging.
A kickback and party-financing corruption scandal at Petrobras risks engulfing members of the ruling coalition and may even trigger a wider political crisis.

Highlights 7

Political outlook 8

Economic policy outlook 9

Economic forecast 11

Annual data and forecast 15

Quarterly data 16

Monthly data 17

Annual trends charts 19

Quarterly trends charts 20

Monthly trends charts 21

Comparative economic indicators 22

Basic data 23

Political structure 24

Politics 25

Economy 46

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