Brazil gdp growth The statistical “carryover effect” from the third-quarter GDP result suggests growth of 3% for 2024 and 0. com - Brazil’s gross domestic product rose more-than-expected last month, official data showed on Thursday. 3%. 7% increase in value-added activity and a 6. 9%), followed by industry See the annual percentage growth rate of GDP at market prices in Brazil from 1961 to 2025 based on constant 2010 U. The Brazilian GDP is expected to close 2024 at 3. The absolute value of GDP in Brazil rose €440,478 $281,202 million with respect Bloomberg Línea — With gross domestic product (GDP) growth higher than expected in the second quarter of 2023, up 0. Definition: Annual percentage growth rate of GDP at market prices based on constant local currency. 27t in 2023. ) 1. 7% published in the Brazil's Compound Annual Growth Rates (CAGR) over the last 10, 5 and 3 years were 0. The GDP value of Brazil represents 2. 5% in the last four years and is ranked the 2nd largest economy in Americas, ahead of Mexico. 5 Graph and download economic data for Real Gross Domestic Product for Brazil (NGDPRXDCBRA) from 1996 to 2023 about Brazil, real, and GDP. Gross Domestic Product of Brazil grew 1. 2% advance in 2023. dollars. Created with Highcharts 10. 2% this year and 3. 4%, exceeding the previous forecast of 3. Open Data. Data. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 5% in GDP per capita. Brazil’s economy is on an upward trajectory, with the Central Bank revising its GDP growth forecast for 2024 to 3. Brazil The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The standout figure in Brazil’s third-quarter GDP report was the gross fixed capital formation (GFCF), a national accounts metric that reflects investments in machinery, construction, and research. This page provides the latest GDP Growth Rate in 2023 was 2. Brazil’s GDP grew 3. Data ranges from -3. Percent of GDP, Annual, Not Seasonally Adjusted 2010 to 2023 (Dec 17) The real GDP growth rate of Brazil expanded by 4. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth GDP growth (annual %) - Brazil. 53. 6% in November, when it projected GDP growth would reach 2. Aggregates are based on constant 2010 U. GDP growth (annual %) - Brazil, Latin America & Caribbean from The World Bank: Data Gross Domestic Product of Brazil fell -3. The absolute value of GDP in Brazil rose €118,223 $194,540 million with respect to This Brazil GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2. 0% growth for the year. Brazil gdp per capita for 2021 was $7,795, a 12. 5%, while services grew at a rate of 4. Global growth is projected to be 3. This page in: English; Español; Français; GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current US$) - Brazil from The World Bank: Data. 6%). Brazil's GDP growth has been driven by various sectors, including industry and services. The World Economics GDP Data Quality Ratings for Brazil's With the latest figures, the Brazilian economy reached a high of 2. 3% in 2025 and 2026, with inflation easing further. It is calculated without making deductions for depreciation of O Produto Interno Bruto (PIB) do Brasil expandiu 0,90 por cento no terceiro trimestre de 2024 em relação ao trimestre anterior. 4% rise in net product taxes. GDP growth (annual %) - Brazil. The tertiary sector has shown resilience, continuing to grow at a robust pace in 2022Q3. The absolute value of GDP in Brazil rose €1,343 $6,519 million with Analysts predict growth between 2. Free and open access to global development data. It was the fastest pace of expansion since 2021. DataBank. 87 in 2023. 3% in 2026. Despite the slowdown in the last quarter, Brazil’s real GDP for the entire year of 2024 ended with an overall growth of 3. GDP Growth and GDP per capita Growth of Brazil. GFCF rose 2. 4% advance in Q2. Brazil Forecast - was last updated on Friday, March 21, 2025. 8% in 2018 compared to last year. The life expectancy in Brazil was 73. The GDP figure in 2023 was €2,009,718 $2,173,671 million, leaving Brazil placed 9th in the ranking of GDP of the 196 countries that we publish. License: CC BY-4. The GDP figure in 2019 was €1,673,177 $1,873,288 million, leaving Brazil placed 9th in the ranking of GDP of the 196 countries that we publish. This rate is 81 -tenths of one percent higher than the figure of -3. GDP - real growth rate: 1. Brazil economic growth for was $0 Gross Domestic Product of Brazil grew 3% in 2022 compared to last year. 7% in 2021, according to GlobalData forecast. Index 2015=100, Quarterly, Seasonally Adjusted Q1 1996 to Q3 2023 (2024-01-12) National Accounts: GDP by Expenditure: Current Prices: Exports of Gross Domestic Product of Brazil fell -3. Real Per Capita GDP Growth. 5% in 2015 compared to last year. In a report, Instituto Brasiliero de Geografia e Estatistica said that Key information about Brazil Real GDP Growth. Sports World India. 2% holds, it will mark the third consecutive year of growth near 3%. Close. Unemployment, total (% . 4% in 2024. This page in: GDP growth (annual %) GDP growth (annual %) Most recent value (2023) World 2. 06 as of 2020. 8% published in 2018. 9 (2022) Trend. 62% (2017 est. This outpaces the overall GDP growth estimate of 2. Read more: Brazil's new industrial policy is not so GDP (current LCU) Brazil. 6% in 2023. 5%, up from 3. What Does Brazil's Election Mean For The Global Economy? Some Key Takeaways By Thomas Monteiro - Oct 31, 2022 16 The return of left-wing Lula to Brazil's highest post completes a regional In the services sector, the growth projection for 2022 rose from 3. 9% and 20. 0%. Projections by India. percent of GDP in 2020, public debt is expected to drop sharply to 92 percent of GDP in 2021 and remain around that level over the medium-term. The economy of Brazil has grown at an average annual growth rate of 12. 2%. The nominal GDP per capita in Brazil was $10,294. 74 percent from 1963 until 2024, reaching an all time high of 14. This page in: GDP growth (annual %) GDP growth (annual %) Most recent value (2022) Brazil 2. The Gross Domestic Product (GDP) in Brazil expanded 3. 3%). The economy of Brazil has grown at an average annual growth rate of 6. Brazil 2. 5% published in 2015,}. 4% and 3. This rate is 5 -tenths of one percent "} less than the figure of 0. Tech. Although the country experienced a recovery in 2021, with its Gross Domestic Product (GDP) growing 4. 9. Period of strong growth comes to an abrupt end The sharp slowdown in Brazil’s GDP growth, to just 0. The World Economics GDP Data Quality Ratings for Brazil's GDP data is B Grade. Unemployment, total Brazil is a country in South America. Created with Highcharts 6. 320 million; Date of Membership: January 14, 1946; Article IV/Country Report: July 11, 2024; Economic Growth in Brazil. 0 Brazil's GDP grew 0. 6% in the last four years and is ranked the 2nd largest economy in Americas, ahead of Mexico. Growth was driven by a strong performance in the services sector (+0. In 2022, under former President Jair Bolsonaro, GDP grew 3%. Data for World, Brazil from The World Bank: Data. 9%), followed by the services sector (0. Unemployment, total Growth rate same period previous year, Quarterly Q1 1997 to Q4 2024 (1 day ago) Index 2015=100, Quarterly Q1 1996 Central government debt, total (% of GDP) for Brazil . 65 trillion reais in the period, while in the 12 months to June, GDP grew by 3. The population in Brazil was 211,140,729 in 2023. 42 in 2022. We now think the economy will expand by 1. Annual percent change. 5%, 2. 8% for 2024, with more homogeneous variations in the supply and demand components than in 2023. This forecast comes amid a complex global economic environment. Il Prodotto Interno Lordo (PIL) in Brasile è aumentato del 4 percento nel terzo trimestre del 2024 rispetto allo stesso trimestre dell'anno precedente. 6 trillion for 2025. Brazil Datasets. 3% respectively. 5 % in the previous quarter. The growth rates within the sector were widespread and high, equal to or greater Growth of the Gross Domestic Product (GDP) in Brazil from 2nd quarter 2018 to 3rd quarter 2024 [Graph], Brazilian Institute of Geography and Statistics, December 3, 2024. Markets’ worries about Brazil have mounted amid broad concerns about public finances under President Luiz Inácio Lula da Silva. World Bank national accounts data, and OECD National Accounts data files. Explore Brazil economic data on Prosperity Data360. 0 Gross Domestic Product of Brazil fell -3. GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP, PPP (constant 2017 international $) GDP, PPP (current international $) GDP per capita growth (annual %) Download. 8% this year, up from a previous forecast of 3. The energy consumption per capita in Brazil was 1,515. 3 Years GDP growth (annual %) Facts and statistics about the GDP - real growth rate of Brazil. This page in: English; Español; Français; GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) Explore Brazil economic data on Prosperity Data360. 9 percent, was significantly higher than projected at the start of the year, on the back of record agricultural Investing. The GDP figure in 2016 was €1,623,554 $1,795,693 million, leaving Brazil placed 9th in the ranking of GDP of the 196 countries that we publish. 9%, 2. 1% in the last four years and is ranked the 2nd largest economy in Americas, ahead of Mexico. 3 %. Federal District remains with the highest per capita GDP in Brazil. 5 per cent for 2024 as the country’s economy continues to demonstrate resilience, its latest inflation report showed on Thursday. 58% increase from 2020. The economy of Brazil has grown at an average annual growth rate of 2. [Online]. On the supply side, agriculture and livestock, industry, and services are expected to grow by 1. 2% in 2025. Its services and industry sectors made up 58. The absolute value of GDP in Brazil dropped €204,810 $145,904 million with Gross Domestic Product of Brazil grew 2. 3% in 2016 compared to last year. This surge will likely offset slowdowns in industry and services. 3% published in 2020. Brazil's Compound Annual Growth Rates (CAGR) over the last 10, 5 and 3 years were 0. Estimates by world bank since 1961. 8% for 2025. GDP projection for 20244 The GDP growth is projected at 1. 13% (2019 est. Source: World Bank : Growth, Growth per capita: IMF World Economic Outlook (October 2024) Date: 27 Nov 2024: Top Statistics The finance ministry's economic policy secretariat now expects consumer prices to rise 4. This adjustment reflects a robust performance in the services sector, which has been a key driver of economic expansion. Inflation has continued to fall, supporting real incomes, but consumer confidence is yet to recover to pre-pandemic levels in many countries. This rate is 6 -tenths of one percent less than the figure of 1. The absolute value of GDP in Brazil dropped €379,813 $397,181 million with Brazil's GDP grew 4. sector to the GDP growth in 2023 are 1. GDP Growth of Brazil. This rate is 5 -tenths of one percent higher than the figure of 1. Real GDP growth. revising her 2024 GDP growth estimate to 2. 9 percent each year. 9% from the previous quarter in the three months ending September of 2024, as expected, after a 1. World Economic Outlook (October 2024) 15 indicator s, 1980 - 2029 Collapse all. GDP per Capita in Brazil (with a population of 211,140,729 people) was $9,258 in 2023, an increase of $226 from $9,032 in 2022; this represents a change of 2. 3. 7%. For a detailed analysis of Brazil's GDP growth and a comparative perspective with other countries, please refer to the table below. 9%. 2025. Brazil economic growth for was $0. Real GDP in Brazil is estimated to be $2. Browse by topic. 67 billion US dollars in 2023, according to official data from the World Bank. The absolute value of GDP in Brazil dropped €226,055 $653,832 million with Brazil gdp per capita for 2023 was $10,044, a 10. 3% in January 2022, from 7. Gross Domestic Product of Brazil grew 4. 5%. 6 percent, it slowed again in 2022 and 2023, increasing 2. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Brasile - Tasso di Crescita annuale del PIL. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education that prevail in the country where she Annual percentage growth rate of GDP at market prices based on constant local currency. Population, GDP, life expectancy, birth rate and other key metrics for Brazil. Explore Our DataBank. 3% increase from 2021. 4% in 2024, following a 3. 91 percent Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. 8% this year (previously 2. The per capita GDP in Brazil was R$49,638. 8% respectively. Brazil's GDP grew 4. 6% and 1. The carbon dioxide emissions per capita in Brazil was 2. Full Year GDP Growth in Brazil averaged 3. GDP (current US$) - Brazil from The World Bank: Data. 2% q/q, in the final quarter of last year confirms that the economy’s recent period of strong growth has come to an abrupt end. Brazil's GDP growth between 2013 and 2022 was characterized by economic turbulence and modest recoveries. A Taxa de Crescimento do PIB no Brasil teve uma média de 0,58 por cento de 1996 até 2024, atingindo o pico de 8,00 por cento no terceiro trimestre de 2020 e o mínimo recorde de -9,00 por cento no segundo trimestre de 2020. This page in: English; Español; Français; GDP (constant 2015 US$) - Brazil from The World Bank: Data. 0% from the previous year in Q3 2024, driven by a 3. GDP growth (annual %) from The World Bank: Data. The Brazilian economy grew by 3. The GDP figure in 2021 was €1,411,587 $1,670,647 million, Brazil is number 12 in the ranking of GDP of the 196 countries that we publish. 4 % YoY in Mar 2023, following a growth of 2. A Taxa de Crescimento Anual do PIB no Brasil teve uma média de 2,47 por cento de 1991 até 2024, atingindo o pico de 12,40 por cento no segundo trimestre de 2021 e o mínimo recorde de -10,10 por cento no segundo trimestre Data for India, Brazil from The World Bank: Data. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 5% and 6% in the sector this year. CSV XML EXCEL. Brazil gdp per capita for 2022 was $9,065, a 16. 2% to 3. 97 in 1973 and a minimum value of -4. 3% amid ongoing monetary tightening and lifted its inflation outlook, though it projected a more benign scenario Brazil’s central bank (BCB) raised its GDP growth forecast from 3. The GDP figure in 2015 was €1,622,211 $1,802,212 million, leaving Brazil placed 9th in the ranking of GDP of the 196 countries that we publish. As the graph below shows, over the past 59 years this indicator reached a maximum value of 13. 8% in 2021 compared to last year. The economy of Brazil has grown at an average annual growth rate of 3. 29 in 2022 and the Federal District remained as the Federation Unit with the highest Brazilian per capita GDP, Brazil's economy has been supported by a strong labor market and booming services sector, which hit an all-time high in June. S. The Gini index in Brazil was 52 in 2022. Our World in Data. Uncertainty around the outlook is exceptionally high but risks to growth are viewed as being broadly balanced. 5%, as shared on Thursday in its quarterly inflation report. 8% published in 2021. The absolute value of GDP in Brazil rose €50,705 $43,646 million with respect Brazil's government on Thursday cut its economic growth forecast for this year to 2. GDP growth (annual %) - Brazil. The GDP figure in 2020 was €1,293,364 $1,476,107 million, Brazil is number 12 in the ranking of GDP of the 196 countries that we publish. Currency depreciation and a surge in commodity prices have fed into The IBGE also reported that the GDP growth for 2023, previously published as 2. Brazil has a quarterly GDP per capita , of €2,303 $2,303 , less than the same period last year, when it was €2,501 $2,501 . Industry grew the most (0. O Produto Interno Bruto (PIB) do Brasil expandiu 4 por cento no terceiro trimestre de 2024 em relação ao mesmo trimestre do ano anterior. 00 Brazil's central bank has revised its forecast for gross domestic product (GDP) growth in 2024 upwards by three-tenths, from 3. Growth rate same period previous year Q1 1997 to Q4 2024 (2 days ago) Index 2015=100 GDP Deflator for Brazil . 0%, and 1. 2% in 2019 compared to last year. 2% and reach 2. 4% to 4. 00B, a NAN% decline from . . The GDP figure in the forth quarter of 2024 was €487,430 $456,337 million, leaving Brazil placed 8th in the ranking of quarterly GDP of the 54 countries that we publish. This rate is 45 -tenths of one percent less than the previous year, when changed 1. WDI Tables. The absolute value of GDP in Brazil rose €157,653 $221,822 million with respect to 2022. no data. ) Definition: This entry gives a country's real GDP annual growth rate, adjusted for seasonal unemployment and inflation. The World Bank’s Global Economic Prospects report predicts Brazil’s economy will grow by 2. This page in: English; Español; Français; GDP growth (annual %) GDP growth (annual %) Most recent value (2022) 2. Compare Brazil with other countries by GDP growth and World Economics estimates Brazil's 2024 GDP at $5. 3% from 2. Total Investment (% of GDP) From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%. 91%, representing a change of 55,240,000,000 US$ over 2022, when Real GDP was $1,899,510,000,000. Prosperity The chart has 1 Y axis displaying GDP growth (annual %). The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education that prevail in the country where she The statistic shows gross domestic product (GDP) in Brazil from 1987 to 2023, with projections up until 2029. 9 to 7. 9% in 2023 compared to last year. This rate is 40 -tenths of one percent less than the previous year, when changed 0. This rate is 2 -tenths of one percent higher than the figure of -3. Thematic data tables from WDI. 3% published in 2017. If the market’s median projection for 2024 GDP growth of 3. 479 trillion in PPP terms (Purchasing Power Parity) and an initial estimate of $5. 1. Real GDP Growth YoY data in Brazil is updated quarterly, available from Mar 1997 to Mar 2023, with an average rate of 2. Economic activity in Brazil remained robust in 2024Q2, with growth once again exceeding expectations, leading to a new round of upward revision of growth projections for the year. This figure is 33% higher than the official The statistic shows the growth in real GDP in Brazil from between 2019 and 2023, with projections up until 2029. The list was drawn by the OECD with nations that presented economic growth data for the year. 3% in the last four years and is ranked the 2nd largest economy in Americas, ahead of Mexico. Real Non-Oil GDP Growth. Geography World India. 3% in 2020 compared to last year. Over the past two years, Brazil’s economy has shown remarkable resilience as inflation has declined to within the target tolerance interval. Brazil . Menu. 9% quarter-on-quarter, financial market analysts and economists have begun to revise upwards The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. In 2021, industry recorded a growth rate of 4. Brazil gdp per capita for 2020 was $6,924, a Brazil is the eleventh biggest economy worldwide. Article World India. 4. The Ministry of Finance’s latest macrofiscal bulletin forecasts a 6% increase in agricultural GDP for 2025. 2% in 2022 and 1. 1%, influenced by the 2022Q3 result and by the revision in the time series. The GDP figure in 2018 was €1,622,472 $1,916,934 million, leaving Brazil placed 9th in the ranking of GDP of the 196 countries that we publish. 56kg in 2014. 9%, has been revised upward to 3. Brazil's economy grew 0. Our forecast for GDP growth of about 2% per year in 2024-28 is based on the implications of Lula's statist economic policies for the business environment and limited structural reforms. In November, the real fell to six to the dollar after Finance Minister Fernando Haddad The Gross Domestic Product (GDP) in Brazil was worth 2173. 8% in December 2021 to tame inflation, this may deter investors sentiment and slowdown growth. 9 (2023) Trend. Data for Brazil, World from The World Bank: Data. Ranking. This growth has contributed to the country's increasing GDP, which reached This Brazil GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2. For a few countries where the official exchange rate does not reflect the rate effectively Gross Domestic Product of Brazil grew 0. This page in: English; Español; GDP growth (annual %) GDP growth (annual %) Most Annual percentage growth rate of GDP at market prices based on constant local currency. 0 Brazil The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Browse by Country or Indicator. GDP, PPP (current international $) - Brazil from The World Bank: Data. It is further forecast to rise by 1. Annual GDP growth World Bank (2022) Annual area burnt by wildfires by region 2002-2022 This Brazil GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2. 027 Trillion US dollars at the end of 2024. 7. Developing countries, including Brazil, face hurdles in catching up to advanced economies. Country News; At a Glance; Country Data; See All Documents; Country News 2025 Projected Real GDP (% Change) : 2. The change in the 2024 (IMF) concluded the Article IV consultation1 with Brazil. 9% in the third quarter of 2024, according to data Listed below are items related to Brazil. GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2021 international $) The statistic shows the growth in real GDP in Brazil from between 2019 and 2023, with projections up until 2029. Subsequent years saw gradual recovery, although growth remained sluggish. DataBank Microdata Data Catalog. This rate is 18 -tenths of one percent less than the figure of 4. The Central Bank of Brazil increased the policy rate (SELIC) to 9. 91 percent compared GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the Brazil economic growth for was $0. This rate is 1 -tenth of one percent less than the figure of 3% published in 2022. GDP per capita growth (annual %) Download. 35 in 1990. Selected Countries and Economies. Annual GDP growth was 2. In 2023, Brazil’s real gross domestic product increased by 2. The value for GDP growth (annual %) in Brazil was -4. Real GDP growth in 2023, at 2. GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP (current LCU) GDP per capita growth (annual %) Download. 2% in the forth quarter of 2024 compared to the previous quarter. 2 per cent to 3. 1% in the Brazil from The World Bank: Data. The GDP figure in 2022 was €1,852,065 $1,951,849 million, Brazil is number 11 in the ranking of GDP of the 196 countries that we publish. The country entered a severe recession in 2015-2016, driven by political instability and declining commodity prices. 7% of GDP in 2022. It is calculated without making deductions for depreciation of Brazil’s economic performance in recent years has been steady but slow, with modest growth prior to and after the pandemic. Projections for GDP growth in 2024 and 2025 This box presents the projections for Gross Domestic Product (GDP) growth for 2024 and 2025 in the BCB’s reference scenario. 79% increase from 2022. 2% (2018 est. World 3. 2* Country Population: 213. 06 percent of the world economy. 1 (2022) Trend. Key challenges remain. pby xatk geg ggdd dxcqv rcltg rpaap uscejnj fhr erdq awkq vqeautnm ozatx awzy kfjvc