Latin America's economy, which will be gigantic by 2030 and worries superpowers

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Latin America's economy, which will be gigantic by 2030 and worries superpowers

Latin America's economy, which will be gigantic by 2030 and worries superpowers

Latin America

Source: iStock

In the turbulent international landscape of the 21st century, a new player is emerging to shake up the global landscape. It's a Latin American country preparing to become a powerhouse by 2030 and challenge other nations already part of the global hegemony. Which one is it?

This isn't a traditional power, nor a country at war or in crisis, but Brazil, the Latin American giant steadily advancing toward a place among the world's ten largest economies in the coming years. With a projected Gross Domestic Product (GDP) adjusted for Purchasing Power Parity (PPP) of over USD 4.4 trillion, its rise is beginning to generate concern among the world's major powers, especially the United States and China.

According to estimates from prestigious global organizations such as PwC and Standard Chartered, this Latin American country is on track to surpass several historically influential economies, such as the United Kingdom, France, and South Korea.

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Brazil

Brazil

iStock

Furthermore, its growth can be measured not only in quantitative terms but also qualitatively. By strengthening its industrial structure, diversifying its energy mix, and consolidating its position as a key supplier of food, minerals, and biofuels, the country is beginning to gain unprecedented prominence in multilateral forums.

As Gizmodo points out, this rise occurs in a particularly sensitive context, with the rivalry between the United States and China dominating the global agenda. Amid this struggle for technological, commercial, and military supremacy, Brazil's emergence as a power with global ambitions alters power dynamics and opens up new scenarios.

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An economic rise that reshapes the geopolitical map

Brazil has advantages that differentiate it in the regional context. ▪️Its vast territory▪️Its abundance of natural resources (fresh water, lithium, oil, arable land)▪️A population of over 210 million▪️A robust domestic market make it an attractive platform for long-term investments. Furthermore, its role in the global energy transition—especially in bioenergy, green hydrogen, and critical minerals—increases its strategic relevance.

In order to consolidate a development model that combines social inclusion, sustained growth, and international prominence, the current administration of President Luiz Inácio da Silva has focused on regaining Brazil's place on the world stage through infrastructure expansion and attracting foreign investment.

In the coming years, Brazil is expected to deepen its trade ties with Asia and Africa, while maintaining strong ties with Europe and North America. At the same time, it is expanding and placing Latin America on the global agenda.
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