Brazil: Economic globalization

For that indicator, we provide data for Brazil from 1970 to 2020. The average value for Brazil during that period was 34.03 points with a minimum of 25.3 points in 1970 and a maximum of 44.22 points in 2007. The latest value from 2020 is 42 points. For comparison, the world average in 2020 based on 185 countries is 57.27 points. See the global rankings for that indicator or use the country comparator to compare trends over time.

The KOF Economic Globalization Index for Brazil and other countries has two dimensions. First, it measures the economic flows between Brazil and the rest of the world in terms of international trade and international investment. The question is whether Brazil exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.

Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.