Headhunting in the Federative Republic of Brazil is a great challenge, as the country is one of the largest economies in the world on the one hand but on the other hand, there is great poverty, crime and corruption. However, the potential of young people, in particular, is very great, who are also prepared to leave their home country for a better future.
With a gross domestic product (GDP) of around USD 1.8 trillion (2016), Brazil is the ninth-largest economy in the world but per capita income was only around USD 8,700 at the same time. In other words, the majority of the Brazilian population lives in poverty. This is why the crime rate is far above the global average. In particular, the murder rate is among the highest in the world. The police have to deal with organised crime, especially in the larger cities. Moreover, since police officers' salaries are very low, the police are also considered particularly susceptible to crime and corruption. According to Transparency International's Corruption Perceptions Index, Brazil ranked 106th out of 176 countries in 2019.
Brazil's gross domestic product (GDP) is characterised by the core sectors "services" (approx. 65 %), "industry" (approx. 17 %) and "agriculture" (6.7 %). Until a few years ago, high growth rates and solid employment growth increased global economic interest in Brazil. However, when the end of the economic boom became foreseeable a few years ago, the government attempted to keep economic growth artificially high by increasing subsidies. This strategy caused a state budget deficit of about 10 % and a growing distrust among entrepreneurs, investors and the population.
Brazilian agriculture, on the other hand, is still the most important agricultural sector in the world because theoretically, Brazil alone could feed about one billion people. This is why Brazil is also called the "breadbasket of the world". On average, about 40% of the gross domestic product is generated by agriculture and related industries.
Also, Brazil is the world's largest supplier of iron – its deposits can cover the earth's iron requirements for the next 500 years. Brazil is the second most important exporter of tantalum, which is used particularly in the electrical engineering sector.
However, many well-educated young Brazilians leave their home country for the USA, Japan and more recently Europe to escape the generally poor economic prospects, corruption and crime.
Remel Executive Search is your headhunter & executive search agency which appreciates the potential of Brazilian talents and will, therefore, provide you with the ideal support in executive search and headhunting management positions.
Here, Remel Executive Search can take over the search for you as a headhunter in the following regions: