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.

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.

According to the source, Brazil had roughly 1.50 trillion U.S. dollars worth of gross public debt in domestic currency in the first quarter of 2025. The South American country's debt in foreign currency amounted to 0.08 trillion dollars in the first quarter of 2025.

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.

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.

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.

Exports in Brazil decreased to 29861.14 USD Million in August from 32125.30 USD Million in July 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.

Brazil Exports: Price: Transformation Industry: Other Plasticsin Primary Forms data was reported at 1,727.473 USD/Ton in 30 Apr 2025. This records a decrease from the previous number of 1,753.021 USD/Ton for 27 Apr 2025. Brazil Exports: Price: Transformation Industry: Other Plasticsin Primary Forms data is updated daily, averaging 1,834.752 USD/Ton from Mar 2019 (Median) to 30 Apr 2025, with 263 observations. The data reached an all-time high of 2,396.887 USD/Ton in 12 May 2024 and a record low of 1,038.353 USD/Ton in 21 Jun 2020. Brazil Exports: Price: Transformation Industry: Other Plasticsin Primary Forms data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA004: Exports: Economic Activity: Product: Price.

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.

In 2022, retail and trade was the sector in Brazil which legally employed the largest number of people, with over ** million employees. The public administration was the third leading economic sector based on legally employed workforce that year, employing more than **** million people. According to the latest data, nearly ** percent of employment in the country were located in the services sector.

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.

Abstract: Agribusiness, including all its dimensions, is the largest economic sector in Brazil and plays a fundamental role in the development of the country's economy. About one-fourth of the Brazilian Gross Domestic Product (GDP) is composed of agribusiness. The objective of this article is to evaluate the participation of agribusiness in the economy of an important region of Brazil from 2010 to 2015. The evaluation was carried out through the decomposition of GDP, with an analysis of aggregate inputs, agro-livestock products, industrialization, and services. This article presents three main contributions to the understanding and composition of agribusiness GDP. The novelty of this article lies in the fact that it is the first work in the literature to present the steps of the methodology for calculating GDP in a region representing Brazilian agribusiness, considering its aggregates and relating the generation of taxes and other factors. In addition to the empirical and methodological contributions, this article highlights the relevance of agribusiness to the Brazilian economy, which, in turn, has relevance to global agribusiness.

Exports: FOB: Daily Average: Principal Products: Transport Equipment data was reported at 91.032 USD mn in 30 Jun 2019. This records a decrease from the previous number of 97.218 USD mn for 23 Jun 2019. Exports: FOB: Daily Average: Principal Products: Transport Equipment data is updated daily, averaging 83.159 USD mn from Jan 2003 (Median) to 30 Jun 2019, with 954 observations. The data reached an all-time high of 585.463 USD mn in 06 Oct 2013 and a record low of 5.982 USD mn in 31 Dec 2012. Exports: FOB: Daily Average: Principal Products: Transport Equipment 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.

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.

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

Brazil Exports: FOB: Daily Average: Principal Products data was reported at 824.429 USD mn in 30 Jun 2019. This records a decrease from the previous number of 985.625 USD mn for 23 Jun 2019. Brazil Exports: FOB: Daily Average: Principal Products data is updated daily, averaging 662.091 USD mn from Jan 2003 (Median) to 30 Jun 2019, with 954 observations. The data reached an all-time high of 1.717 USD bn in 04 Nov 2018 and a record low of 15.001 USD mn in 31 Dec 2012. Brazil Exports: FOB: Daily Average: Principal Products 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.

In 2024, the metallurgical sector exported the most goods to the United States. That year, the sector exported *** billion dollars worth of goods to the North American country. Meanwhile, the food industry exported *** billion dollars worth of goods.

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 September of 2025.

Industrial Production in Brazil increased 0.20 percent in July 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.