Markets Actual Q3 Q4 Q1 Q2 2020
Currency 3.77 3.9 3.95 3.99 4.04 4.14
Stock Market (points) 103775.41 99150 97363 95616 93889 90538
Government Bond 10Y (%) 7.34 7.6 7.73 7.85 7.98 8.25
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.20 0.4 0.7 0.6 0.8 0.8
GDP Annual Growth Rate (%) 0.50 0.9 0.8 1.5 1.7 2.2
Unemployment Rate (%) 12.30 11.5 11.9 11.8 11.7 11.7
Inflation Rate (%) 3.37 3.9 3.9 4.1 3.8 4
Inflation Rate Mom (%) 0.01 0.6 0.3 -0.2 0.3 0.2
Interest Rate (%) 6.50 6.25 5.75 5.75 5.75 5.75
Balance of Trade (USD Million) 5020.00 4900 3000 4500 4500 3000
Current Account (USD Million) 662.00 -200 -4350 -1200 450 -3400
Current Account to GDP (%) -0.77 -1.8 -1.8 -1.6 -1.6 -1.6
Government Debt to GDP (%) 77.22 80 80 82 82 82
Government Budget (% of GDP) -7.10 -7.9 -7.9 -7.6 -7.6 -7.6
Business Confidence (Index Points) 56.90 58 58 60 62 62
Services PMI (Index Points) 48.20 50.9 51.1 50.4 50.9 50.7
Manufacturing PMI 51.00 51.5 50.4 50 49.3 50
Consumer Confidence (Index Points) 47.00 49.5 51 53 55 53
Retail Sales MoM (%) -0.10 0.3 0.7 0.5 0.8 1
Corporate Tax Rate (%) 34.00 34 34 34 30 30
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.20 0.4 0.7 0.6 0.8 0.8
GDP Annual Growth Rate (%) 0.50 0.9 0.8 1.5 1.7 2.2
GDP (USD Billion) 1868.63 2200 2200 2350 2350 2350
GDP Constant Prices (BRL Million) 290915.92 302500 298177 295280 295861 304737
Gross National Product (BRL Million) 1676582.03 1698678 1767557 1701731 1705084 1806444
Gross Fixed Capital Formation (BRL Million) 265611.69 291790 285659 269596 270127 291944
GDP per capita (USD) 11026.24 11500 11500 11730 11730 11730
GDP per capita PPP (USD) 14282.70 14500 14500 16500 16500 16500
GDP From Agriculture (BRL Million) 24062.49 18703 13226 24423 24472 13517
GDP From Construction (BRL Million) 13326.75 14239 14187 13527 13553 14499
GDP From Manufacturing (BRL Million) 27659.12 32480 29940 28074 28129 30599
GDP From Mining (BRL Million) 2378.27 2723 2740 2414 2419 2800
GDP From Public Administration (BRL Million) 39507.69 40419 39998 40100 40179 40878
GDP From Services (BRL Million) 175563.57 182462 183850 178197 178548 187895
GDP From Transport (BRL Million) 8104.45 8903 8650 8226 8242 8840
GDP From Utilities (BRL Million) 7018.03 6470 6855 7123 7137 7006
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 12.30 11.5 11.9 11.8 11.7 11.7
Employed Persons (Million ) 92.95 93.18 91.5 91.5 91.8 92
Unemployed Persons (Million ) 12.98 12.6 12.3 12.3 12 12
Labour Costs (Index Points) 116.60 100 100 100 100 115
Wages (BRL/Month) 2289.00 2250 2320 2250 2260 2370
Minimum Wages (BRL/Month) 998.00 998 998 1050 1050 1050
Population (Million) 208.49 210 209 211 211 211
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (BRL/Month) 2360.00 2450 2450 2450 2450 2550
Living Wage Individual (BRL/Month) 1390.00 1500 1500 1500 1500 1550
Non Farm Payrolls (Thousand ) 32.14 100 -300 20 50 80
Productivity (Index Points) 116.60 100 100 100 113 115
Wages High Skilled (BRL/Month) 4730.00 4500 4500 4500 4600 4600
Wages In Manufacturing (BRL/Month) 2277.00 2250 2290 2290 2310 2340
Wages Low Skilled (BRL/Month) 1440.00 1400 1400 1400 1400 1450
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.37 3.9 3.9 4.1 3.8 4
Inflation Rate Mom (%) 0.01 0.6 0.3 -0.2 0.3 0.2
Consumer Price Index CPI (Index Points) 5214.27 5279 5300 5350 5390 5512
Core Inflation Rate (%) 3.55 3.5 3.6 3.7 3.5 3.7
Producer Prices (Index Points) 795.94 837 822 854 891 946
Export Prices (Index Points) 128.66 134 134 134 135 135
Import Prices (Index Points) 118.93 122 122 122 124 124
Food Inflation (%) 3.99 5 4.2 3.7 3.5 4
Producer Prices Change (%) 7.30 8.3 9 10 12 15
CPI Housing Utilities (Index Points) 8979.64 9197 9131 9205 9228 9496
CPI Transportation (Index Points) 4992.05 5113 5094 5087 5161 5298
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 6.50 6.25 5.75 5.75 5.75 5.75
Deposit Interest Rate (%) 6.19 8.51 8.51 9.51 6.19 9.51
Loan Growth (%) 0.60 0.8 0.5 0.3 0.3 0.5
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) 5020.00 4900 3000 4500 4500 3000
Current Account (USD Million) 662.00 -200 -4350 -1200 450 -3400
Current Account to GDP (%) -0.77 -1.8 -1.8 -1.6 -1.6 -1.6
Imports (USD Million) 13027.00 18100 18000 19000 18500 22000
Exports (USD Million) 18047.00 23000 24000 23500 23800 25000
Terms of Trade (Index Points) 108.18 110 110 110 110 109
Foreign Direct Investment (USD Million) 7070.10 4800 5300 7100 6500 6000
Crude Oil Production (BBL/D/1K) 2560.00 2900 2900 2900 2900 3000
Tourist Arrivals (Thousand) 6621.00 6750 6750 6850 6850 6850
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 77.22 80 80 82 82 82
Government Budget (% of GDP) -7.10 -7.9 -7.9 -7.6 -7.6 -7.6
Government Spending (BRL Million) 105533.40 120710 149611 117250 107327 152903
Government Debt (BRL Million) 5480569.48 5482798 5571938 5700000 5800000 5995350
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 34.00 34 34 34 30 30
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 39.80 39.8 39.8 39.8 39.8 39.8
Social Security Rate For Companies (%) 28.80 28.8 28.8 28.8 28.8 28.8
Social Security Rate For Employees (%) 11.00 11 11 11 11 11
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 56.90 58 58 60 62 62
Services PMI (Index Points) 48.20 50.9 51.1 50.4 50.9 50.7
Manufacturing PMI 51.00 51.5 50.4 50 49.3 50
Composite Pmi (Index) 49.00 52 52.8 53.5 52 51.5
Industrial Production (%) 7.10 1.4 3.3 3 2.3 2.1
Industrial Production Mom (%) -0.20 0.4 0.8 0.6 0.5 1.3
Manufacturing Production (%) 11.20 1.5 2.3 2 1.8 1.6
Car Production (Units) 233113.00 260000 255000 260000 267000 265000
Car Registrations (Thousand) 223.00 218 220 225 230 240
Leading Economic Index (%) 0.54 0.3 0.8 0.5 0.6 1
Mining Production (%) -18.20 1.8 1.4 1.2 1.5 1.2
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 47.00 49.5 51 53 55 53
Retail Sales MoM (%) -0.10 0.3 0.7 0.5 0.8 1
Retail Sales YoY (%) 1.00 3.3 2.5 2.2 2.7 2.1
Consumer Spending (BRL Million) 1111386.80 1115793 1166340 1128058 1130280 1192000
Bank Lending Rate (%) 52.93 53.15 53.15 54.15 53.57 54.15
Gasoline Prices (USD/Liter) 1.15 1.06 1.03 1.01 1.03 1.01
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 129.50 129 129 130 130 130


This page has economic forecasts for Brazil including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Brazil economy.