The Brazilian GDP expanded by 1.1% in the first quarter of 2026, gaining traction following the upwardly revised 0.3% increase in the previous quarter and slightly ahead of the market consensus of a 1% rise. It was the sharpest growth rate in one year, remaining supported by the elevated level of government spending that has boosted household consumption in recent quarters and drove the Brazilian central bank to maintain interest rates at an elevated level. Household consumption jumped by 1% in the period, and public expenditure inched higher by 0.4%. Meanwhile, gross fixed capital formation surged by 3.5%. On the other hand, net foreign demand had a negative contribution to GDP growth, with exports rising by 1.7% while imports surged by 4.4%. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

The Gross Domestic Product (GDP) in Brazil expanded 1.10 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Brazil averaged 0.59 percent from 1996 until 2026, reaching an all time high of 7.90 percent in the third quarter of 2020 and a record low of -8.80 percent in the second quarter of 2020. This page provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Brazil expanded 1.10 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Brazil is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil GDP Growth Rate is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-03 12:00 PM
GDP Growth Rate QoQ
Q4 0.1% 0.0% 0.1% 0.4%
2026-05-29 12:00 PM
GDP Growth Rate QoQ
Q1 1.1% 0.3% 1% 1.2%
2026-09-02 12:00 PM
GDP Growth Rate QoQ
Q2 1.1% 0.3%


Related Last Previous Unit Reference
GDP Growth Rate YoY 1.80 1.80 percent Mar 2026
GDP Constant Prices 343338.20 340533.46 BRL Million Mar 2026
GDP from Agriculture 33593.31 15229.26 BRL Million Mar 2026
GDP from Construction 16772.07 16832.12 BRL Million Mar 2026
GDP from Manufacturing 28145.25 29805.85 BRL Million Mar 2026
GDP from Mining 2981.10 3073.29 BRL Million Mar 2026
GDP from Public Administration 40848.12 41070.92 BRL Million Mar 2026
GDP from Services 206101.16 214483.62 BRL Million Mar 2026
GDP from Transport 8612.21 9102.57 BRL Million Mar 2026
GDP from Utilities 8341.67 8091.57 BRL Million Mar 2026
GDP Growth Rate 1.10 0.30 percent Mar 2026
Gross Fixed Capital Formation 63798.20 62922.44 BRL Million Mar 2026
Gross National Product 3149651.00 3165315.00 BRL Million Mar 2026


Brazil GDP Growth Rate
Brazil is the tenth largest economy in the world and the biggest in Latin America. The services sector is the most important and accounts for 63 percent to total GDP. The biggest segments within services are: government, defense, education and health (15 percent of total GDP); other services (15 percent); wholesale and retail trade (11 percent); real estate (8 percent); and financial services (7 percent). Also, industry contributes to 18 percent of GDP, with manufacturing (11 percent) and construction (4 percent) accounting for the largest share. The agriculture and livestock sector accounts for 5 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (16 percent). Exports of goods and services account for 13 percent of GDP while imports account for 12 percent, adding 1 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.30 7.90 -8.80 1996 - 2026 percent Quarterly

News Stream
Brazil GDP Grows More than Expected
The Brazilian GDP expanded by 1.1% in the first quarter of 2026, gaining traction following the upwardly revised 0.3% increase in the previous quarter and slightly ahead of the market consensus of a 1% rise. It was the sharpest growth rate in one year, remaining supported by the elevated level of government spending that has boosted household consumption in recent quarters and drove the Brazilian central bank to maintain interest rates at an elevated level. Household consumption jumped by 1% in the period, and public expenditure inched higher by 0.4%. Meanwhile, gross fixed capital formation surged by 3.5%. On the other hand, net foreign demand had a negative contribution to GDP growth, with exports rising by 1.7% while imports surged by 4.4%.
2026-05-29
Brazil GDP Inches Higher
The Brazilian gross domestic product inched higher by 0.1% from the previous quarter in the final three months of 2025, aligned with market expectations, following the downwardly revised stall in the earlier period. Private consumption stalled, consolidating the ongoing slowdown in the Brazilian economy since the second quarter of the year, aligning with the likely resumption of the Brazilian central bank's rate cuts. This was combined with a 3.5% slump in gross fixed capital formation, signaling that the period of restrictive rates by the BCB dented investment levels. In turn, these were offset by a 1% increase in government expenditure. Meanwhile, net foreign demand contributed positively to the GDP growth as exports rose 3.7%, while imports dropped by 1.8%.
2026-03-03
Brazil GDP Grows Less than Expected
The Brazilian gross domestic product expanded by 0.1% from the previous quarter in the three months to September of 2025, slowing from the downwardly revised 0.3% growth rate in the second quarter, and missing market expectations of a 0.2% expansion. It was the slowest growth rate in two years, barring the 0.1% contraction from the fourth quarter of 2024. Private expenditure inched higher by 0.1%, reflecting some impact from stubborn inflation and the prolonged period of elevated real interest rates from the central bank. Meanwhile, government expenditure jumped 1.3%, while gross fixed capital formation jumped by 0.9%. In the meantime, exports rose by 3.3%, while imports rose a softer 0.3%.
2025-12-04