Brazil to be world's 6th largest economy in 2011

Brazil will become the world's sixth largest economy in 2011 due to the global financial crisis that has affected the main economic powers including Britain, the International Monetary Fund (IMF) and several other organizations said Sunday. According to the data, which was quoted by local newspapers, Brazil's gross domestic product (GDP) in 2011 will surpass Britain's, reaching 2.44 trillion U.S. dollars against Britain's 2.41 trillion and making Brazil the world's sixth largest economy. In 2010, Brazil became the seventh largest economy in the world by surpassing Italy. At the end of the decade, the Brazilian GDP will be larger than any other European country's, according to the Economist Intelligence Unit (EIU)'s forecast, which estimated that the Brazilian economy will surpass Germany's in 2020.