Never heard of such holiday in other countries, but in Brazil, "Carnaval" in free translation is a 3 day popular holiday when people go to street to party, and there's also what we call Samba School Parade. Here's an example bellow
[video=youtube;K3mYDwRTALo]https://www.youtube.com/watch?v=K3mYDwRTALo[/video]
Also this year the korean guy from Gangnan Style was here for these festivities on Rio de Janeiro and São Paulo.