Presidential decrees or ministerial orders would be able to reshape the microenvironment and make it easier to invest in the country, making way for more substantial changes.

As Mr. Souza Júnior puts it, all this money is somehow incorporated into businesses’ investment decisions, resulting in pressure for higher prices. When it came to the condition of roads, the mode of transport which dominates in Brazil, the country fell to 103rd place.

Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.
Therefore, a large portion of Brazilian society is charged twice. The city was considered by the organization “International Living” as one of the best cities in the world to enjoy retirement. The city has the third urban network in Brazil, only behind São Paulo and Rio de Janeiro. She shares many fun details of what it’s like to live in São Paulo: the cultural differences, teaching English abroad, the city’s surprising artsy vibe, and more.

The striking difference is that Brazil taxes its citizens as if it were a nation of the global North, but does not provide services to the same extent nor with similar standards as its counterparts.

Investments could be the solution for most of the bottlenecks mentioned above. After all, it was the increasing federal deficit that led to the several downgrades of the sovereign debt rating and consequently led to higher costs for financing and averted investments from abroad.


The average price for a cesta básica in João Pessoa is of BRL 235,85.

On a more optimistic note, Bentes considers that most of the economists assisting the presidential pre-candidates have the same assessment of the circumstances: the fiscal situation cannot stay as it is.

Data compiled by the National Agriculture Confederation also shows that the last time Brazil invested more than 1 percent of its GDP in infrastructure was in 1981, still under the military dictatorship.

Brazil has the second-highest level of taxes in Latin America, below only the communist regime of Cuba, according to national tax authorities.

Brazil has the second-highest level of taxes in Latin America, below only the communist regime of Cuba, according to national tax authorities.

Brazil is also internationally known for is its high tax burden. But with public accounts far from being rosy, partnerships with the private sector seem to be the only feasible way out. Also, Petrobras is a good option for foreigners looking for a job in the area.

Bad infrastructure means higher costs

Brazil is by no means a cheap place to live.

The Central Bank has introduced new rules in an attempt to reduce credit card rates. Want to republish The Brazilian Report? Politics plays a vital role in this process – and no candidate so far has publicly committed to unpopular fiscal cuts that would certainly displease large portions of the electorate. In 2016, local, state, and national taxes accounted for 32.1 percent of the country’s GDP, according to the latest available data.

On a more optimistic note, Bentes considers that most of the economists assisting the presidential pre-candidates have the same assessment of the circumstances: the fiscal situation cannot stay as it is. He claims that Brazil does not lag behind other countries that much in terms of how much it spends on that area, but notes that the quality of Brazil’s education system is still deficient. In infrastructure and logistics, Brazil ranks 17th, behind economies such as India, Peru, and Mexico.

So, if investments cannot be the easy way out, what could reduce the level of prices in Brazil?

The city is an important economic hub, being considered as a strategic center for industry, medicine and fashion.

High interest rates, expensive financing

To make matters worse, Brazilian politicians are known for their short-sightedness and penchant for favoring organized lobbies – which drains vast sums of money every year. There is something really special in the air in Brazil and it’s not good enough for me to just tell you about it.

But the high level of taxation is not the only way tariffs and contributions lead to an increase in costs and prices. The high level of indebtedness limits the potential for public investment.

Educational costs range from BRL 205,19 (pre-school) to BRL 710,45 (college monthly tuition).

Doing business, facing obstacles

According to Bloomberg, Brazilian drivers use on average 203.43 liters a year, which eats up 2.5 percent of their salary.


There are a lot of opportunities and a large consumer market,” he says. ), 1 min.

Brazil is not the place to go to save money. Goiânia is the capital of Goiás state, located in the Central-west area of Brazil. Our content is protected by copyright.

The deadlock

“There has to be a better use of every Real invested, so the outcomes are improved,” the economist suggests.

Bad infrastructure means higher costs

According to CNI’s report, the country has the highest prices for industrial clients among the sample surveyed.

But infrastructure does not only mean roads and railways for agribusiness production.