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Brazil has been doing very well overall in terms of tourism, as well as the more familiar figures about the economy and interest rates. The country’s Ministry of Tourism has announced that the number of foreign tourists visiting last year increased by over five percent to just under five and a half million.

Of these, nearly thirty percent were from neighbouring Argentina while those from the USA made up eleven percent and Uruguay five. Among the remainder, other BRICS countries were important, especially visitors from Russia who no longer need visas. European countries provided thirty percent altogether.

However, in 2011 Brazil wasn’t the leading Latin American magnet for foreigners. It was beaten by Mexico with over 22 million and just beaten by Argentina with 5.7. Brazilians are not too worried. After all they are looking forward to both the FIFA championships and the Olympics to boost numbers over the next few years !