The Brazilian economy with a population of 192.38 Million (Est 2011) ranks 7th in the world with a GDP PPP of 2.3 trillion and GDP PPP per capita of 11,845 vs 48,147 (United States) according to the IMF in 2011. In Brazil deposit accounts with funds that are held for a fixed term and fixed interest rate are called 'Certificado de Depósito Bancário - CDB ' or a Certificate of Deposit (term and rate agreed in advance). According to its inflation was 6.5% in 2011 and 5% in 2010.