Invest in Brazil for best Bric earnings growth?
Date added: 1st February, 2011 at 10:23
(view all articles from February, 2011)
Categories: Economy
People considering investment in Brazil may be encouraged to hear that the country has the best average forecast earnings growth for this year compared with three of its peers.
The country is expected to deliver an expansion of 22.5 per cent in earnings per share (EPS), while its gross domestic product (GDP) is predicted to be 4.7 per cent in 2011, according to Investors Chronicle, citing figures from Allianz.
Brazil is one of the so-called Bric countries - which also include Russia, India and China - and, when it comes to EPS, it is top of the scoreboard.
The news provider explained the unemployment rate in the nation has hit an all-time low, which may present another factor attracting investors to its shores.
Brazil's GDP growth forecast was 7.2 per cent in 2010 and its predicted EPS expansion was 36.7 per cent.
Allianz Global Investors projected the country will see a real GDP increase of 4.6 per cent between 2010 and 2019 and is to be the tenth largest economy in the world by 2050.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of opportunities for investment in Brazil 
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