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Brazil, the most weather-sensitive economy

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The company WeatherBill Inc. been calculating how the weather impact the economy in 67 different countries. It found that Brazil was the most weather-sensitive of the countries in the study, since a large part of its economy is based on agriculture and mining, which can be dramatically affected by the weather. The least weather-sensitive country was Pakistan.

“A dollar in Brazil will be thirty times more weather sensitive than a dollar in Pakistan. This creates clear implications for investors, businesses, risk managers and policymakers in these countries with respect to the weather’s effect on business,” WeatherBill said.

This bias, however, is partially confirmed by anecdotal evidence: in 1975, for example, as much as 70 percent of Brazil’s coffee production was lost due to freezing.

Download the full report at weatherbill.com