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The Gross Domestic Product (GDP) in Brazil expanded 1.40 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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<li>Brazil gdp growth rate for 2022 was <strong>3.02%</strong>, a <strong>1.75% decline</strong> from 2021.</li>
<li>Brazil gdp growth rate for 2021 was <strong>4.76%</strong>, a <strong>8.04% increase</strong> from 2020.</li>
<li>Brazil gdp growth rate for 2020 was <strong>-3.28%</strong>, a <strong>4.5% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
In the last quarter of 2024, the Gross Domestic Product (GDP) in Brazil increased by 0.2 percent when compared to the previous quarter (seasonally adjusted). In comparison to the same quarter of the previous year, Brazil's GDP grew 3.6 percent. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country.
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The Gross Domestic Product (GDP) in Brazil expanded 2.90 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows the growth in real GDP in Brazil from between 2020 and 2024, with projections up until 2030. In 2024, Brazil’s real gross domestic product increased by 3.4 percent compared to the previous year.Brazilian growth and civic unrestGDP is a reliable tool used to indicate the shape of a national economy. It is one of the most well-known and well-understood measurements of the state of a country. Gross domestic product, or GDP, is the total market value of all final services and goods that have been produced in a country within a given period of time, usually a year.Brazil has undergone a huge economic transformation in the course of the last decade and is now one of the fastest growing economies on the planet. It belongs to the BRIC club of countries, an acronym that refers to the countries Brazil, Russia, India and China, a group of countries which are considered to be at a relatively similar stage of new and advancing economic development. Economic reforms in Brazil have given the country a boost on the international stage, which has helped it to gain significantly in recognition and influence around the world.The domestic product growth rate in Brazil is progressing throughout the years. After a minor blip in 2009, when a short recession saw the rate of growth moving slightly backwards, the economy has picked itself up and fought back with an increase of an impressive 7.53 percent in 2010. Despite the rapid growth and the perceived increase in Brazilian domestic prosperity, the gap between rich and poor remains distinct. The lower class manifested themselves in the numerous protests that erupted across the South American state in the summer of 2013. For days, hundreds of thousands of Brazilians took to the streets to protest the increase of public transport fares, but the demonstrations evolved into a more general protest against increasing social inequalities among the Brazilian population, despite increased prosperity.
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Brazil BR: GDP: Growth data was reported at 2.908 % in 2023. This records a decrease from the previous number of 3.017 % for 2022. Brazil BR: GDP: Growth data is updated yearly, averaging 3.530 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 13.969 % in 1973 and a record low of -4.350 % in 1990. Brazil BR: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Brazil: Economic growth forecast: The latest value from 2030 is 2.49 percent, an increase from 2.43 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Brazil from 1980 to 2030 is 2.35 percent. The minimum value, -4.4 percent, was reached in 1981 while the maximum of 9.19 percent was recorded in 1980.
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Historical chart and dataset showing Brazil economic growth by year from 1960 to 2023.
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The latest data from show economic growth of 2.85 percent,
which is a decrease from the rate of growth of 3.62 percent in the previous quarter and
an increase compared to the growth rate of 2.56 percent in the same quarter last year.
The economic growth time series for Brazil cover the period...
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Brazil: Economic growth: the rate of change of real GDP: The latest value from 2023 is 2.91 percent, a decline from 3.02 percent in 2022. In comparison, the world average is 3.43 percent, based on data from 184 countries. Historically, the average for Brazil from 1961 to 2023 is 3.86 percent. The minimum value, -4.35 percent, was reached in 1990 while the maximum of 13.97 percent was recorded in 1973.
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ABSTRACT The article aimed to forecast the Brazilian economy’s growth potential in the 2016-2025 period, assuming the absence of changes in industrial policy. It is based on a formal growth model constrained by the balance of payments (BOP) developed by the authors and disaggregated into three sectors (farming, industry, and services). All its parameters were econometrically estimated, including those of the world economy relevant to the Brazilian economy’s performance. Assuming that the current macroeconomic management “tripod” was maintained in the country, the basic interest rate and exchange rate policy were calibrated to generate the maximum growth rate allowed by the external constraint compatible with the maintenance of inflation in target each year. Forecasts were also made about the performance of the three sectors’ key variables, resulting from such calibration. Forecasted potential GDP and productivity growth were low (even by recent historical standards) and decreasing over time, with slower growth in the industrial sector than in other ones. The results revealed the critical importance of the industrial sector for such performance, suggesting that an efficient industrial policy could significantly increase the Brazilian economy’s growth potential.
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Full Year GDP Growth in Brazil increased to 3.40 percent in 2024 from 3.20 percent in 2023. This dataset includes a chart with historical data for Brazil Full Year Gdp Growth.
In 2024, the growth of the real gross domestic product (GDP) in Brazil stood at approximately 3.40 percent. Between 1980 and 2024, the figure dropped by around 5.79 percentage points, though the decline followed an uneven course rather than a steady trajectory. The growth is forecast to decline by about 0.91 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
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Economic growth, quarterly in Brazil, March, 2025 The most recent value is 1.4 percent as of Q1 2025, an increase compared to the previous value of 0.05 percent. Historically, the average for Brazil from Q1 1960 to Q1 2025 is 0.57 percent. The minimum of -8.83 percent was recorded in Q2 2020, while the maximum of 7.87 percent was reached in Q3 2020. | TheGlobalEconomy.com
In April 2021, Brazil reached a new record of deaths due to COVID-19 in a day, with more than 4,200 thousand fatalities reported within 24 hours. That same month, the country's gross domestic product (GDP) was expected to increase by 3.17 percent during the year, down from a growth of nearly 3.5 percent forecast two months earlier. Since then, expectations have improved, with a forecast growth of 5.27 percent as of the third week of July.By December 2020, Brazil's GDP was forecast to decrease by 4.4 percent during 2020, an improvement in comparison to the 6.5 percent decrease forecast by the beginning of July. This figure, which had remained stable at a 2.3 percent forecast growth during the first months of the year, decreased for five consecutive months amidst the outbreak of COVID-19 in Brazil. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
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Brazil BR: GDP: Growth: Imports of Goods and Services data was reported at -261.884 % in 2023. This records a decrease from the previous number of 0.951 % for 2022. Brazil BR: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 4.403 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 173.744 % in 1970 and a record low of -261.884 % in 2023. Brazil BR: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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The Gross Domestic Product (GDP) in Brazil was worth 2173.67 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Brazil represents 2.06 percent of the world economy. This dataset provides the latest reported value for - Brazil GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Brazil BR: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -1.306 % in 2023. This records a decrease from the previous number of -0.547 % for 2022. Brazil BR: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.310 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 16.620 % in 1973 and a record low of -10.394 % in 1981. Brazil BR: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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The Gross Domestic Product per capita in Brazil was last recorded at 9258.05 US dollars in 2023. The GDP per Capita in Brazil is equivalent to 73 percent of the world's average. This dataset provides - Brazil GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
From 1500 until 1998, Brazil's average annual GDP growth rate was just under 1.6 percent, whereas the figure was almost 1.9 percent for the U.S.. While these figures may seem fairly similar, an annual difference of 0.3 percent growth over 498 years accumulates to give a significant margin between the two regions, and faster growth in early years also widens the gap further. When GDP is adjusted to 1990 international dollars, the U.S.' GDP is estimated to be double that of Brazil in 1500, but grew to be eight times larger by 1998. Similarly to population, the U.S. experienced its fastest annual GDP growth in the mid-19th century, while Brazil saw its fastest growth in the mid-20th century.
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The Gross Domestic Product (GDP) in Brazil expanded 1.40 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.