The Brazilian economy grew by 3.4% in 2024, following a 3.2% advance in 2023. It was the fastest pace of expansion since 2021. Full Year GDP Growth in Brazil averaged 3.74 percent from 1963 until 2024, reaching an all time high of 14.00 percent in 1973 and a record low of -4.40 percent in 1990.
Full Year GDP Growth in Brazil is expected to reach 1.70 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Full Year Gdp Growth is projected to trend around 2.30 percent in 2027 and 2.60 percent in 2028, according to our econometric models.