GDP From Services in Brazil increased to 179131.38 BRL Million in the second quarter of 2019 from 175563.57 BRL Million in the first quarter of 2019. GDP From Services in Brazil averaged 146945.59 BRL Million from 1996 until 2019, reaching an all time high of 187985.48 BRL Million in the fourth quarter of 2014 and a record low of 100853.26 BRL Million in the first quarter of 1996.
GDP From Services in Brazil is expected to be 182462.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Brazil to stand at 178548.00 in 12 months time. In the long-term, the Brazil GDP From Services is projected to trend around 192404.00 BRL Million in 2020, according to our econometric models.