11 economies in decline

A financial crisis that began when the U.S. housing bubble popped has engulfed countries large and small around the world.

1 of 11

Brazil

Partial view of a Petrobras off-shore oil platform in Angra dos Reis, 180 km south of Rio de Janeiro.

GDP: 5.23%
Inflation: 5.74%
Unemployment: 7.7%
Markets: -44.16%
Gallon of gas: $5.83
Interest Rates: 13.75%

Sinking crude prices are a tremendous blow to this oil-driven economy. The stock market is also suffering huge losses, dragged down by the country's oil giant Petrobras. Meanwhile, Brazil's real is down 35% against the dollar, since oil set a record high in July.

See stats for all 11 countries

By David Goldman

NEXT: China

Last updated November 14 2008: 9:27 AM ET

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Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC

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