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.

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.

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 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.

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.

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.

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.

CEIC calculates Real GDP Growth from quarterly Real GDP Index. The Brazilian Institute of Geography and Statistics provides Real GDP Index, at chain linked 1995 prices.


Related information about Brazil Real GDP Growth

• 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.

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.;;

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.

Graph and download economic data for Constant GDP per capita for Brazil (NYGDPPCAPKDBRA) from 1960 to 2024 about Brazil, per capita, real, and GDP.

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;

Key information about Brazil Private Consumption: % of GDP

• Brazil Private Consumption accounted for 63.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 64.1 % in the previous quarter.
• Brazil Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1996 to Dec 2024, with an average share of 63.0 %.
• The data reached an all-time high of 67.5 % in Mar 1997 and a record low of 59.0 % in Dec 2006.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Brazilian Institute of Geography and Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Brazil Private Consumption: % of GDP

• In the latest reports, Brazil GDP expanded 3.4 % YoY in Mar 2023.
• Its Nominal GDP reached 491.3 USD bn in Mar 2023.
• Brazil GDP Per Capita reached 8,936.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 11.9 % in Dec 2024.

Key information about Brazil Nominal GDP

• Brazil Nominal GDP reached 486.1 USD bn in Mar 2023, compared with 490.6 USD bn in the previous quarter.
• Nominal GDP in Brazil is updated quarterly, available from Mar 1990 to Mar 2023, with an average number of 284.6 USD bn.
• The data reached an all-time high of 680.4 USD bn in Jun 2011 and a record low of 89.3 USD bn in Mar 1991.

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


Related information about Brazil Nominal GDP

• In the latest reports, Brazil GDP expanded 2.3 % YoY in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 9.8 % in Dec 2022.
• Brazil GDP Per Capita reached 8,936.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 12.4 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 14.9 % in Dec 2022.
• Public Consumption accounted for 20.5 % in Dec 2022.
• Private Consumption accounted for 64.5 % in Dec 2022.

The gross domestic product (GDP) per capita in Brazil was estimated at about 10.21 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 8.98 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by around 2.17 thousand U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Brazil GDP Per Capita

• Brazil Gross Domestic Product (GDP) per Capita reached 7,732.460 USD in Dec 2021, compared with 6,968.070 USD in Dec 2020.
• Brazil GDP Per Capita data is updated yearly, available from Dec 1962 to Dec 2021, with an average number of 2,818.475 USD.
• The data reached an all-time high of 13,298.230 USD in Dec 2011 and a record low of 270.480 in Dec 1962.
• CEIC extends history for annual GDP per Capita. The Central Bank of Brazil provides GDP per Capita in USD based on Census 2010. GDP per Capita prior to 1996 is based on Census 2000.

Related information about Brazil GDP Per Capita data

• In the latest reports, Brazil GDP expanded 3.628 % YoY in Sep 2022.
• Brazil Nominal GDP reached 483.512 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 8.927 % in Sep 2022.
• Gross Savings Rate of Brazil was measured at 16.868 % in Sep 2022.

The gross domestic product (GDP) in current prices in Brazil was about 2.17 trillion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 2.03 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 508.23 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

GDP, billion currency units in Brazil, March, 2025 The most recent value is 3019.58 billion Brazilian Real as of Q1 2025, a decline compared to the previous value of 3080.37 billion Brazilian Real. Historically, the average for Brazil from Q1 1996 to Q1 2025 is 1155.21 billion Brazilian Real. The minimum of 189.32 billion Brazilian Real was recorded in Q1 1996, while the maximum of 3080.37 billion Brazilian Real was reached in Q4 2024. | TheGlobalEconomy.com

Graph and download economic data for Real Gross Domestic Product for Brazil (NGDPRSAXDCBRQ) from Q1 1996 to Q4 2024 about Brazil, real, and GDP.

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.

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.