The economy of Brazil is the largest in South America and is classified as an upper-middle-income economy. It is diverse, with key sectors including agriculture, mining, manufacturing, and services. Brazil is a major exporter of commodities like soybeans, iron ore, and coffee, which significantly contribute to its GDP. In recent years, Brazil has faced economic challenges, including inflation and political instability. However, it remains a member of the BRICS group, which includes Russia, India, China, and South Africa, highlighting its importance in the global economy. The country continues to attract foreign investment and develop its infrastructure.