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.

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.

In 2023, the value added to gross domestic product by the manufacturing sector in Brazil remained nearly unchanged at around 181.12 billion U.S. dollars. Still, 2023 marked the second consecutive decline of the value added. These figures refer to the total value of manufacturing output within a given country, and constant values have been used to negate the impact of inflation when comparing values across multiple years.Find more statistics on other topics about Brazil with key insights such as value added by the agriculture, forestry and fishing sector to the gross domestic product, value added by the services industry to the gross domestic product, and personal remittances received.

Exports in Brazil decreased to 29146.70 USD Million in June from 30156.20 USD Million in May of 2025. This dataset provides the latest reported value for - Brazil Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of January 2025, approximately ***percent of exhibition companies surveyed in Brazil reported viewing the state of the economy in their home market as the industry's most important issue over the following 12 to 18 months. Internal management challenges followed with a **-percent share.

Key information about Brazil Industrial Production Index Growth

• Brazil Industrial production rose 1.7 % YoY in Jan 2025, following an increase of 0.3 % YoY in the previous month.
• Brazil Industrial production index growth rate YoY data is updated monthly, available from Jan 1986 to Jan 2025, with an average rate of 1.4 %.
• The data reached an all-time high of 34.5 % in Apr 1991 and a record low of -28.4 % in Apr 1990.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The Brazilian Institute of Geography and Statistics provides Industrial Production Index with base 2022=100. Industrial Production Index Growth prior to January 2003 is calculated from Industrial Production Index with base 2002=100 and prior to January 1992 from Industrial Production Index with base 1991=100.

In 2023, the share of value added by the manufacturing industry to the gross domestic product in Brazil increased by *** percentage points (+*** percent) compared to 2022. While the growth is slowing down, with ***** percent, the share is at its peak in the observed period. These figures refer to the share of total gross domestic product (GDP) made up by manufacturing output.Find more statistics on other topics about Brazil with key insights such as value added by the services industry to the gross domestic product, value added by the agriculture, forestry and fishing sector to the gross domestic product, and personal remittances received.

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.

Industrial Production in Brazil increased 3.30 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Brazil Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil (BRAPROINDMISMEI) from Jan 1975 to Mar 2024 about Brazil, IP, and indexes.

Exports: FOB: Daily Average: Principal Products: Tobacco and Tobacco Product data was reported at 7.981 USD mn in 30 Jun 2019. This records an increase from the previous number of 7.808 USD mn for 23 Jun 2019. Exports: FOB: Daily Average: Principal Products: Tobacco and Tobacco Product data is updated daily, averaging 8.181 USD mn from Jan 2003 (Median) to 30 Jun 2019, with 954 observations. The data reached an all-time high of 37.563 USD mn in 09 Sep 2012 and a record low of 0.000 USD mn in 31 Dec 2012. Exports: FOB: Daily Average: Principal Products: Tobacco and Tobacco Product data remains active status in CEIC and is reported by Ministry of Development, Industry and Trade. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA002: Exports: by Main Sectors. *The weekly data is considered preliminary data. To find the final version you may go to: + Foreign Trade + Foreign Trade: Monthly According to Ministry of Development, Industry and Foreign Trade (MDIC), these data began to be published with weekly frequency in July 2012. In some weeks the data are not available because the week is very short and there is insufficient data. Commodity is a term from English language (plural commodities), which means merchandise. It is used in commercial transactions of products as primary on commodity exchanges. The term is used to refer to products based on raw or small degree of industrialization, nearly uniform quality, produced in large quantities and by different producers. These products 'in natura', cultivated or mineral extraction, can be stored for a certain period without significant loss of quality. Having quotation and global marketability, using commodity exchanges. *Os dados semanais são considerado preliminares. De acordo com o Ministério do Desenvolvimento, Indústria e Comércio Exterior (MDIC), estes dados começaram a serem divulgados em frequência semanal em Julho de 2012. Em algumas semanas não há dados porque a semana é considerada curta e neste caso não há dados suficientes. Commodity é um termo de língua inglesa (plural commodities), que significa mercadoria. É utilizado nas transações comerciais de produtos de origem primária nas bolsas de mercadorias. O termo é usado como referência aos produtos de base em estado bruto (matérias-primas) ou com pequeno grau de industrialização, de qualidade quase uniforme, produzidos em grandes quantidades e por diferentes produtores. Estes produtos 'in natura', cultivados ou de extração mineral, podem ser estocados por determinado período sem perda significativa de qualidade. Possuem cotação e negociabilidade globais, utilizando bolsas de mercadorias.

Industrial Production in Brazil decreased 0.50 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - Brazil Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil (BRAPROINDAISMEI) from 1975 to 2023 about Brazil, IP, and indexes.

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Brazil (PRINTO01BRA659S) from 1976 to 2024 about Brazil, IP, and construction.

Market Overview: The Brazilian packaging industry holds a substantial market size of 36.98 million, anticipated to expand at a steady CAGR of 4.20% during the forecast period of 2025-2033. The industry is driven by a growing population, rising urbanization, and robust economic development. The increasing demand for packaged food, beverages, and pharmaceutical products is fueling the market expansion. The adoption of sustainable materials and the emergence of e-commerce are also expected to drive growth. Competitive Landscape and Key Trends: Major players in the Brazilian packaging industry include WestRock Company, Sonoco Products Company, SSI Schaefer LTDA, Smurfit Kappa Group, and Tetra Pak International SA. The competitive landscape is characterized by ongoing innovation, with companies investing in advanced technologies and eco-friendly solutions. Key trends include the rising demand for flexible and lightweight packaging, the integration of RFID and other smart packaging solutions, and the growing adoption of automated packaging systems. Market participants are focusing on sustainability, reducing their carbon footprint, and meeting the evolving needs of consumers. Recent developments include: March 2023: Amcor and Nfinite Nanotechnology Inc. revealed a collaborative research project agreement aimed at testing the potential of Nfinite's nanocoating technology to enhance the recyclable and compostable packaging., November 2022: the Brazilian Plastics Institute, in partnership with Think Plastic Brazil and ApexBrasil (the Brazilian Trade and Investment Promotion Agency), launched a new online platform. The converted plastics industry in Brazil considers innovation, design, and sustainability as key differentiators on a global scale. Leading manufacturers are actively making informed decisions regarding ingredient sourcing and manufacturing techniques to align with the sustainability trend. Unilever, for instance, introduced refill packs for OMO liquid laundry detergent using 50% recycled plastic, resulting in 70% less plastic usage overall. These refill packs are also recyclable. The product received a positive response from Brazilian consumers, and its distribution was extended to other South American, European, and Middle Eastern countries., May 2022: The Ardagh Group announced the location of its first glass production facility in Brazil. The factory will be based in Juiz de Fora, Minas Gerais, and will cater to leading clients in the growing Brazilian market, providing sustainable glass packaging. The plant will create around 300 high-quality jobs, and production is scheduled to commence in H1 2024. Ardagh's emphasis on sustainability and its ambitious ESG targets would support these among the Group's most eco-friendly facilities.. Key drivers for this market are: Increasing Demand for Longer-Lasting Packaging Products, Rising Demand for Sustainable and Innovative Food Packaging Products. Potential restraints include: Stringent Environmental Regulations. Notable trends are: Paper and Paperboard to be the Fastest Growing Segment.

The share of value added by the services industry to gross domestic product in Brazil saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 58.88 percent. However, 2023 marked the second consecutive increase of the share. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. Find more statistics on other topics about Brazil with key insights such as personal remittances received, value added to gross domestic product by the manufacturing sector, and value added by the services industry to the gross domestic product.

Brazil IPI: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data was reported at 97.800 2012=100 in May 2019. This records a decrease from the previous number of 98.700 2012=100 for Apr 2019. Brazil IPI: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data is updated monthly, averaging 95.700 2012=100 from Jan 2002 (Median) to May 2019, with 209 observations. The data reached an all-time high of 121.400 2012=100 in Apr 2009 and a record low of 45.700 2012=100 in Aug 2002. Brazil IPI: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Mining and Manufacturing Sector – Table BR.BAA011: Industrial Production Index: by End Use: 2012=100.

Industry (including construction), value added (% of GDP) in Brazil was reported at 21.33 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Brazil - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Brazil IPI: PY=100: Year to Date: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data was reported at 90.400 Prev Year=100 in May 2019. This records an increase from the previous number of 86.800 Prev Year=100 for Apr 2019. Brazil IPI: PY=100: Year to Date: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data is updated monthly, averaging 102.300 Prev Year=100 from Jan 2003 (Median) to May 2019, with 197 observations. The data reached an all-time high of 149.500 Prev Year=100 in Feb 2011 and a record low of 65.600 Prev Year=100 in Feb 2010. Brazil IPI: PY=100: Year to Date: Intermediate Goods: Foods and Beverages: Basic: For Industry Use data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Mining and Manufacturing Sector – Table BR.BAA014: Industrial Production Index: by End Use: Previous Year=100: Year-to-Date.

Graph and download economic data for Production: Industry: Total Industry Excluding Construction for Brazil (PRINTO01BRQ657S) from Q2 1975 to Q1 2025 about Brazil, IP, and construction.