What type of economy does brazil have?

Despite the fluctuation in market freedom, Brazil's economy ranks among the top export economies in the world. Measurements of economic freedom include a series of factors. Trade, monetary, investment, banking and labor freedom comprise some of the elements used to determine the degree of freedom economies possess. read more

Brazil’s economic freedom score is 51.4, making its economy the 153rd freest in the 2018 Index. Its overall score has decreased by 1.5 points, with a steep drop in fiscal health and declines in labor freedom, business freedom, government spending, and government integrity overwhelming improvements in judicial effectiveness and property rights. read more

The economy of Brazil is the world's eighth largest economy by nominal GDP and eighth largest by purchasing power parity. The Brazilian economy is characterized by a mixed economy that relies on import substitution to achieve economic growth. read more