20
November, 2020
Brazil
Global:
61
Availability:
50
Cost:
15
Regulation:
66
Productivity:
70
2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21)
Region:
12
Availability:
7
Cost:
3
Regulation:
16
Productivity:
19
Remote
Readiness
6
Remote
Readiness
38
Brazil has spent more than $113 billion USD on additional spending and foregone revenue in response to the
pandemic. In addition to targeted assistance for the elderly, poor and unemployed, Brazil has
• Provided emergency aid to informal workers and low-income households
• Enhanced the unemployment fund
• subsidized a job retention scheme which enabled private sector employers to temporarily suspend working
contracts
• subsidized electricity for poor families
https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19
• Land and Sea borders of Brazil are still closed.
Air travel is permitted.
Localised lockdowns are still in place and face
masks are compulsory in public spaces.
8.3%
4.5%
0%
20%
Brazil Regional Ave.
%
of
GDP
Brazil
Q4 2019* Q4 2020*
% Change
YOY
Total Workforce
106M 95M -10.2%
Unemployment Rate (%) 11.8% 14.4% +22%
Unemployed Workers 12.5M 13.7M +10%
Manpower 2020 Total Workforce Index
Workforce Statistics
Covid-19 Situation
Covid-19 Government Spend as % of GDP Border Closures and Restrictions
Additional Government Spending and Foregone Revenue to September 2020
Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis)
*Reported figures at Q4 each year
https://covid19.who.int/
https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in-
Response-to-COVID-19
Other Sources:
https://data.worldbank.org/
https://ilostat.ilo.org/
https://home.kpmg/xx/en/home/insights/
https://www.gov.uk/foreign-travel-advice
United States Embassy
https://tradingeconomics.com/
https://sidra.ibge.gov.br
