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 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.

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.

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.

Key information about Brazil Nominal GDP Growth

• Brazil Nominal GDP Growth was reported at 9.591 % in Dec 2024.
• This records an increase from the previous number of 7.961 % for Sep 2024.
• Brazil Nominal GDP Growth data is updated quarterly, averaging 11.216 % from Mar 1991 to Dec 2024, with 136 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.

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...

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;

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: Economic growth: the rate of change of real GDP: The latest value from 2024 is 3.4 percent, an increase from 3.24 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Brazil from 1961 to 2024 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.

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.

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.

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.

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.

The statistic shows gross domestic product (GDP) in Brazil from 1987 to 2024, with projections up until 2030. Gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2024, Brazil's gross domestic product amounted to around 2.17 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and China, Brazil was ranked third that year. Brazil's national finances Brazil is one of the fastest growing economies in the world and the largest amongst all Latin American countries. Brazil is also a member of multiple economic organizations such as the G20 as well as one of the four countries in the BRIC economies, which consist of Brazil, Russia, India and China. Despite having one of the lower populations out of the four countries, Brazil maintained a relatively stable dollar value of all goods and services produced within the country in comparison to India, for example. This indicates that unemployment is low and in general business demand within the country has become relatively high. Spending within the country has been relatively high, however is considered to be normal, especially for developing countries. It is expected that developing economies have a budget deficit of roughly 3 percent, primarily because spending is needed in order to fuel an economy at most times. However, most Brazilians still have faith in their country’s economic future and still believe that their own personal financial situation will improve along with the country’s economic position in the world.

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

GDP growth of Brazil increased by 4.76% from 3.2 % in 2023 to 3.4 % in 2024. Since the 36.66% drop in 2022, GDP growth surged by 12.57% in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 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.

Historical dataset showing Brazil gdp growth rate by year from 1961 to 2023.

Brazil BR: GDP: Growth: Gross Value Added: Industry data was reported at -3.483 % in 2020. This records a decrease from the previous number of 0.367 % for 2019. Brazil BR: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 3.107 % from Dec 1966 (Median) to 2020, with 55 observations. The data reached an all-time high of 17.132 % in 1973 and a record low of -8.848 % in 1981. Brazil BR: GDP: Growth: Gross Value Added: Industry 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 industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.

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