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.

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.

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.

Brazil gdp growth rate for 2023 was 2.91%, a 0.11% decline from 2022.

<ul style='margin-top:20px;'>

<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 first quarter of 2025, the Gross Domestic Product (GDP) in Brazil increased by *** percent when compared to the previous quarter (seasonally adjusted). In comparison to the same quarter of the previous year, Brazil's GDP grew *** 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.

Key information about Brazil Real GDP Growth

• The Gross Domestic Product (GDP) in Brazil expanded 3.4 % YoY in Mar 2023, following a growth of 2.5 % in the previous quarter.
• Real GDP Growth YoY data in Brazil is updated quarterly, available from Mar 1997 to Mar 2023, with an average rate of 2.3 %.
• The data reached an all-time high of 12.4 % in Jun 2021 and a record low of -10.1 % in Jun 2020.

• In the latest reports, Nominal GDP of Brazil reached 486.1 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.2 % in Mar 2023.
• GDP Per Capita in Brazil reached 8,936.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 18.7 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 20.0 % in Mar 2023.
• Public Consumption accounted for 16.3 % in Mar 2023.
• Private Consumption accounted for 62.4 % in Mar 2023.

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...

Historical chart and dataset showing Brazil economic growth by year from 1960 to 2023.

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;

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.

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.

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;

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.

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

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.

Brazil BR: GDP: Growth: Gross Value Added: Agriculture data was reported at 1.959 % in 2020. This records an increase from the previous number of 0.632 % for 2019. Brazil BR: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 3.314 % from Dec 1966 (Median) to 2020, with 55 observations. The data reached an all-time high of 14.972 % in 1987 and a record low of -14.647 % in 1966. Brazil BR: GDP: Growth: Gross Value Added: Agriculture 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 agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Key information about Brazil GDP Deflator Growth

• Brazil GDP deflator (implicit price deflator) increased 6.2 % in Mar 2023, compared with an increase of 9.8 % in the previous quarter.
• Brazil GDP Deflator Growth data is updated quarterly, available from Mar 1997 to Mar 2023, with an average rate of 7.5 %.
• The data reached an all-time high of 15.1 % in Dec 2003 and a record low of 2.3 % in Dec 1997.

• In the latest reports, Brazil GDP expanded 3.4 % YoY in Mar 2023.
• Its Nominal GDP reached 486.1 USD bn in Mar 2023.
• Brazil GDP Per Capita reached 8,936.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 18.7 % in Mar 2023.

In 2017, Brazil’s gross domestic product reached 2.05 billion U.S. dollars, 63 percent of which came from the services sector. The service sector consists of the provision of services both to other businesses and to final consumers, and the service sector often encompasses transportation, distribution, and sale of goods.

Brazil’s position in the global economy

Nations with economies built on the service sector are considered more advanced than industrial or agricultural economies, and indeed, Brazil is considered an advanced emerging economy with the largest share of wealth in Latin America. Brazil has the eighth largest GDP in the world and is one of the BRICS states (Brazil, Russia, India, China, and South Africa) — certain countries with strong economic development and rising influence on regional affairs.

Brazil’s economic strengths and challenges

Brazil is also known for its agriculture and food production, with its main products including soybeans, beef, and coffee. As of 2018, Brazil is the leading producer of coffee, at over 61 thousand 60 kilogram bags. The country has an estimated 21.8 trillion U.S. dollars of natural resource commodities, including, gold, iron, oil, and timber. However,retrieving them often happens at the expense of the environment, including ongoing deforestation in the Amazon Basin, which contains the largest rainforest in the world.

The Gross Domestic Product per capita in Brazil was last recorded at 9564.58 US dollars in 2024. The GDP per Capita in Brazil is equivalent to 76 percent of the world's average. This dataset provides - Brazil GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the gross domestic product (GDP) per capita in Brazil from 1987 to 2023, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2023, the estimated GDP per capita in Brazil amounted to around 10,350.44 U.S. dollars. For further information see GDP of Brazil. Economical future of Brazil GDP per capita is worked out by taking the country’s total gross domestic product and dividing it by the total population, which essentially helps determine growth of an economy as well as changes in productivity for every person living in the country. As a member of economic organizations such as the G20 as well as the BRIC countries, Brazil has certainly made its mark as one of the strongest economies in the world. Despite experiencing economic fluctuations often, the general direction of the Brazilian economy is mainly positive. With recent improvements within the government, bank and education systems, Brazil has become a slightly more significant option for international investments. Additionally, a profusion of natural resources, a strong agricultural and industrial sector, and a growing service sector has made investors more intrigued in the future of the country. Additionally, at the end of 2014, consumer confidence saw a slight, however noticeable improvement, implying that individual financial situations and hope for the future of the country are very present within the country. Shortly after, consumer confidence plummeted, showing little faith in Brazil's economic future. However, the economic benchmarks point in a different direction.