Brazil to be world's sixth largest economy in 2011
Brazil will become the world's sixth largest economy in 2011 due to the global financial crisis that has affected the main economic powers, the International Monetary Fund and several other organisations said.
According to data, which was quoted by local newspapers, Brazil's gross domestic product (GDP) in 2011 will surpass Britain's, reaching $2.44 trillion against Britain's $2.41 trillion and make Brazil the world's sixth largest economy, reported Xinhua.
In 2010, Brazil became the seventh largest economy in the world by surpassing Italy.
At the end of the decade, the Brazilian GDP will be larger than any other European country's, according to the Economist Intelligence Unit (EIU)'s forecast, which estimated that the Brazilian economy will surpass Germany's in 2020.
