Brazil is classified as an upper-middle income economy by the World Bank and a newly industrialized country, with the largest share of global wealth in South America. It is considered an advanced emerging economy, having the twelfth largest GDP in the world by nominal, and eighth by PPP measures. It is one of the world's major breadbaskets, being the largest producer of coffee for the last 150 years. Brazil is a regional and middle power, and is also classified as an emerging power. However, the country maintains high amounts of corruption, crime and social inequality. Brazil is a founding member of the United Nations, the G20, BRICS, Mercosul, Organization of American States, Organization of Ibero-American States and the Community of Portuguese Language Countries.