On 1 January, when Brazil's far-right president Jair Bolsonaro took office, many in the country were concerned that the divisive politician would not be able to bring the country together.
But one sector was almost unanimous in praising Mr Bolsonaro's rise to power: business people.
Brazil's president boasted during the election that he did not understand anything about economics.
Once in power, he delegated all decisions on the subject to businessman Paulo Guedes, who became a "super-minister" of the economy.
The task of rescuing Brazil's economy from the brink of yet another recession was urgent. The economy is still at the same level it was back in 2014.
Markets were excited at the prospects of liberal reforms to come.
But expectations soon started to fall apart. A series of government blunders – political infighting inside the administration, a clumsy attempt at state intervention in Brazil's fuel policy and the lack of leadership in Congress – hampered growth expectations.
Most analysts have halved their growth expectations for Brazil and now believe significant growth will not start until 2020.
Here is a look at some of the key figures that suggest Brazil's economy is not moving forward.
1. There's no economic recovery in sight
In the previous decade, Brazil was lauded (along with Russia, India, China and South Africa) as one of the Brics powers – emerging economies with superfast rates of economic growth that would surpass developed economies by 2050.
The economic performance of this decade, however, suggests Brazil does not belong in that league.