GDP From Services in Brazil decreased to 159726.33 BRL Million in the second quarter of 2020 from 175788.56 BRL Million in the first quarter of 2020.
GDP From Services in Brazil averaged 148217.42 BRL Million from 1996 until 2020, reaching an all time high of 187988.26 BRL Million in the fourth quarter of 2014 and a record low of 100853.26 BRL Million in the first quarter of 1996. This page provides the latest reported value for - Brazil Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil GDP From Services - values, historical data and charts - was last updated on September of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
GDP From Services in Brazil is expected to be 176293.00 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 167713.00 in 12 months time. In the long-term, the Brazil GDP From Services is projected to trend around 181419.00 BRL Million in 2021 and 185955.00 BRL Million in 2022, according to our econometric models.