Brazil, with a higher GDP per capita and HDI, presents a more developed economy, but faces challenges in corruption and environmental issues. India, while having a lower GDP per capita, boasts a higher economic growth rate and a large, growing economy, but also grapples with significant environmental and social challenges.
Attribute | India | Brazil |
---|---|---|
GDP (Nominal) | $2,480.79 in 2023 | Approximately $2.13 trillion (USD) in 2025 |
GDP per capita (Nominal) | $2,601 | Estimated at $9,960 (USD) for 2025 |
Population Size | 1,463,914,213 (July 3, 2025) | Approximately 212.8 million (June 2025) |
Land Area | Approximately 3,287,263 sq. km | 8,515,767.049 km2 |
Political Stability | Federal republic since 1950, democratic parliamentary system | Potential risks for businesses due to corruption perception indices |
Economic Growth Rate | 8.15% in 2023 | 3.4% in 2024, expected to moderate to 2.2% in 2025 |
Literacy Rate | 80.9% in 2023-2024 | 94.69% as of 2022 |
Healthcare System Quality | Not available | Information on accessibility and affordability is available |
Environmental Performance Index | Ranked 176th out of 180 countries in 2024 | Not available |
Corruption Perception Index | Rank 96 out of 180 countries in 2024, score of 38 | Rank 107 out of 180 countries in 2024, score of 34 |
Ease of Doing Business | Ranked 63rd in Doing Business 2020 | Not available |
Human Development Index | 0.685, ranked 130 out of 193 in 2023 | 0.786, ranking 84th globally |
Pros | "Demographic dividend", Urbanization, Infrastructure investments, Domestic consumption, Services sector | Expansion of agriculture, Resilient service sector, Increased consumption, Fiscal stimuli, Relatively high literacy rate, Human capital identified as a main driver of economic growth |
Cons | Air pollution, Water pollution, Deforestation, Soil erosion, Waste management, Climate change, Loss of biodiversity | Potential risks for businesses, Deforestation in the Amazon basin, Illegal wildlife trade and poaching, Air and water pollution, Land degradation from mining, Wetland degradation, Oil spills, Cumbersome bureaucracy |