The economy of Brazil’s richest state, São Paulo, grew 0.4% in 2020 | Instant News


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RIO DE JANEIRO, BRAZIL – The State of São Paulo’s Gross Domestic Product (GDP) grew by 0.4% in 2020, said governor João Doria, based on calculations from the State Data Analysis System Foundation (SEADE).

The governor’s announcement at a press conference calling for this goal comes a day after the Brazilian Institute of Geography and Statistics (IBGE) reported that the country’s GDP shrank by 4.1% in 2020.

Doria said the state’s growth, in the context of the repeal of state activity and in most countries, proved São Paulo’s strength. He pointed. . .

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