15 Largest Economies in the World Ranked by 2015 PPP

7. Brazil

Projected 2015 GDP growth: -3.0
GDP based on PPP valuation (in billions of dollars): 3,207.9

With a huge labor force and abundant natural resources, Brazil has become the largest economy in Latin America and is set to be one of the five largest in the world in the near future. Being the fourth largest carmaker in the world has certainly helped the country, along with being the largest coffee producer in the world for the past 150 years. Brazil is still recovering from the Great Recession of 2009 though, and since then the country has been experiencing a recession, with a -3.0% projected GDP growth for 2015.