Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

The BRICS countries overtook the G7 countries share of the world's total gross domestic product (GDP) in terms of purchasing power parity (PPP) in 2018. By 2024, the difference had increased even further, the BRICS now holding a total 35 percent of the world's GDP compared to 30 percent held by the G7 countries.

For most of the past two decades, China had the highest GDP growth of any of the BRICS countries, although it was overtaken by India in the mid-2010s, and India is predicted to have the highest growth in the 2020s. All five countries saw their GDP growth fall during the global financial crisis in 2008, and again during the coronavirus pandemic in 2020; China was the only economy that continued to grow during both crises, although India's economy also grew during the Great Recession. In 2014, Brazil experienced its own recession due to a combination of economic and political instability, while Russia also went into recession due to the drop in oil prices and the economic sanctions imposed following its annexation of Crimea.

The combined value of the gross domestic product (GDP) in purchasing power parity (PPP) of the BRICS Plus countries increased significantly since 2000, overtaking that of the G7 in 2015. This is mainly due to the economic development of China over the past decades.

The Gross Domestic Product (GDP) in Brazil was worth 2179.41 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Brazil represents 2.05 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.

In 2021, the BRICS countries with the highest estimated GDP per capita were Russia and China, with between 12,000 and 13,000 U.S. dollars per person. Brazil and South Africa's GDP per capita are thought to be closer to the 7,000 mark, while India's GDP per capita is just over 2,000 U.S. dollars. This a significant contrast to figures for overall GDP, where China has the largest economy by a significant margin, while India's is the second largest. The reason for this disparity is due to population size. For example, both China's population and overall GDP are roughly 10 times larger than those of Russia, which results in them having a comparable GDP per capita. Additionally, India's population is 23 times larger than South Africa's, but it's GDP is just seven times larger; this results in South Africa having a higher GDP per capita than India, despite it being the smallest of the BRICS economies.

The Gross Domestic Product (GDP) in Brazil expanded 0.40 percent in the second 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 Gross Domestic Product (GDP) in Brazil expanded 2.20 percent in the second 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 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.

Graph and download economic data for Real Gross Domestic Product for Brazil (NGDPRSAXDCBRQ) from Q1 1996 to Q1 2025 about Brazil, real, and GDP.

GDP from Services in Brazil increased to 206838.71 BRL Million in the second quarter of 2025 from 201813.29 BRL Million in the first quarter of 2025. This dataset provides the latest reported value for - Brazil Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Brazil BR: GDP: Real: per Capita data was reported at 21,122.845 BRL in 2023. This records an increase from the previous number of 20,607.283 BRL for 2022. Brazil BR: GDP: Real: per Capita data is updated yearly, averaging 14,792.675 BRL from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 21,370.819 BRL in 2013 and a record low of 5,940.096 BRL in 1960. Brazil BR: GDP: Real: per Capita 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: Real. GDP per capita is gross domestic product divided by midyear population. 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 products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

GDP from Manufacturing in Brazil increased to 30066.36 BRL Million in the second quarter of 2025 from 28401.72 BRL Million in the first quarter of 2025. This dataset provides the latest reported value for - Brazil Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Brazil Nominal GDP Growth

• Brazil Nominal GDP Growth was reported at 7.330 % in Sep 2025.
• This records a decrease from the previous number of 8.747 % for Jun 2025.
• Brazil Nominal GDP Growth data is updated quarterly, averaging 14.742 % from Mar 1991 to Sep 2025, with 139 observations.
• The data reached an all-time high of 4,442.072 % in Jun 1994 and a record low of -4.053 % in Jun 2020.
• Brazil Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from monthly Nominal GDP. The Central Bank of Brazil provides Nominal GDP in local currency based on SCN 2010/SNA 2008. Nominal GDP prior to Q1 1996 is based on SNA 1993.

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;

GDP from Agriculture in Brazil decreased to 30431.37 BRL Million in the second quarter of 2025 from 33065.36 BRL Million in the first quarter of 2025. This dataset provides the latest reported value for - Brazil Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest data from show economic growth of 2.55 percent, which is a decrease from the rate of growth of 3.73 percent in the previous quarter and
a decrease compared to the growth rate of 2.83 percent in the same quarter last year. The economic growth time series for Brazil cover the period...

Brazil BR: GDP: Real: Gross Domestic Income data was reported at 4,467,283.325 BRL mn in 2023. This records an increase from the previous number of 4,290,495.400 BRL mn for 2022. Brazil BR: GDP: Real: Gross Domestic Income data is updated yearly, averaging 2,137,737.955 BRL mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 4,467,283.325 BRL mn in 2023 and a record low of 437,565.381 BRL mn in 1960. Brazil BR: GDP: Real: Gross Domestic Income 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: Real. Gross domestic income is derived as the sum of GDP and the terms of trade adjustment. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

GDP Deflator in Brazil decreased to 3.80 percent in 2024 from 5.20 percent in 2023. This dataset provides - Brazil Gdp Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Transport in Brazil increased to 8914.50 BRL Million in the second quarter of 2025 from 8579.80 BRL Million in the first quarter of 2025. This dataset provides the latest reported value for - Brazil Gdp From Transport - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.