Continent: South America
Currency: Brazilian Real (reais)
President: Dilma Rousseff
The largest country in South America and the world's fifth largest country, with over 193 million people, Brazil is a federal republic as of 1988.
Once a colony of Portugal in 1500, Brazil gained independence in 1822 with the formation of the Empire of Brazil, a unitary state governed under a constitutional monarchy and a parliamentary system.
The country became a presidential republic in 1889, when a military coup d'état proclaimed the Republic, although the bicameral legislature, now called Congress, dates back to the ratification of the first constitution in 1824.
Brazil is known for its samba music and afro-euro fusion dance stemming from a Portugese influenced culture. Brazil is most reknown for it's footballing talent, football being the most popular sport of the country, with a leading record of 5 Fifa World Cup titles.
It is set to hold the next World Cup in 2014.
Brazil is the largest national economy in Latin America, the world's sixth largest economy at market exchange rates and the seventh largest in purchasing power parity (PPP), according to the International Monetary Fund and the World Bank.
With a mixed economy that is abundant in natural resources, the Brazilian economy has been predicted to become one of the five largest in the world in the decades to come, Brazil being a member of BRIC.
It has large and developed agricultural, mining, manufacturing and service sectors, as well as a large labor pool.
Brazil is set to become one of the most important nations within the next 30 years due to it's plethora of natural resources, increased trade, growth in GDP and geographic range.
Tourism remains a strong economic tool for Brazil which is predicted to increased within 10 years. As Brazil is a member of BRIC it will be crucial in its precipitation of world resources in future years.