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2010-04-27

Optimism in Brazil

The Grant Thornton International Business Report 2010 reveals that businesses in almost all countries are more optimistic about economic prospects for the year ahead.

Businesses in Brazil are much more optimistic about prospects
for 2010; their optimism/pessimism balance2 has risen 21 per cent, from +50 per cent in 2009 to +71 per cent in 2010.

For the first time in six years, India has been overtaken as the most optimistic country by Chile. Chile now tops the league table with a net balance of +85 per cent (-24 per cent in 2009), India comes in a very close second with +84 per cent, whilst Japan remains at the bottom with a balance of -72 per cent.

Overall optimism amongst businesses globally has risen from 2009; this year a balance of +24 percent of businesses across all countries are positive about their country’s economy – compared to a balance of -16 per cent in 2009.

Optimism / pessimism

  • Businesses in Brazil are considerably more optimistic about their country’s economic outlook (+71 per cent) compared with 2009 (+50 per cent)
  • The balance of businesses in Latin America3 indicating optimism for the year ahead has risen by 36 per cent this year, from +12 per cent to +48 per cent.


Down load the International Business Report Brazil here


                                                                                   Cecilia Helland

Report information

The Grant Thornton International Business Report (IBR) is an annual survey of the views of senior executives in privately held businesses (PHBs) all over the world. Launched in 1992 in nine European countries the report now surveys over 7,400 PHBs in 36 economies providing insights on the economic and commercial issues affecting a sector often described as the 'engine' of the world's economy.
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