Brazil GDP Growth Rate  1996-2018 | Data | Chart | Calendar | Forecast

The Brazilian economy expanded 0.4 percent on quarter in the first three months of 2018, following an upwardly revised 0.2 percent expansion in the previous quarter and in line with market expectations. It marks the fifth straight quarter of growth after a 2-year recession in 2016 and 2015. Household spending rose slightly faster while investment slowed and public expenditure shrank. GDP Growth Rate in Brazil averaged 0.58 percent from 1996 until 2018, reaching an all time high of 3.60 percent in the third quarter of 1996 and a record low of -4.10 percent in the fourth quarter of 2008.

Brazil GDP Growth Rate
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Brazil GDP Growth at 0.4% in Q1, Matches Forecasts


The Brazilian economy advanced 0.4 percent on quarter in the first three months of 2018, following an upwardly revised 0.2 percent expansion in the previous quarter and in line with market expectations. It marks the fifth straight quarter of growth after a 2-year recession in 2016 and 2015. Household spending rose slightly faster while investment slowed and public expenditure shrank.

Household spending advanced 0.5 percent, following a 0.1 percent gain in the last three months of 2017. Exports rebounded (1.3 percent compared to -0.8 percent in Q4) and imports rose faster (2.5 percent compared to 1.6 percent). On the other hand, investment increased at a slower 0.6 percent (2.1 percent in Q4) and government spending declined 0.4 percent after a 0.1 percent gain in the previous period. 

Year-on-year, the economy advanced 1.2 percent, well below 2.1 percent in the previous period and market expectations of 1.3 percent. It is the lowest annual growth rate since the second quarter of 2017.


Joana Taborda | joana.taborda@tradingeconomics.com
5/30/2018 1:57:31 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-01 11:00 AM GDP Growth Rate QoQ 0.1% 0.7% 0.3% 0.2%
2018-03-01 12:00 PM GDP Growth Rate QoQ 0.1% 0.2% 0.4% 0.3%
2018-05-30 12:00 PM GDP Growth Rate QoQ 0.4% 0.2% 0.4% 0.4%
2018-08-31 12:00 PM GDP Growth Rate QoQ 0.4% 0%
2018-11-30 11:00 AM GDP Growth Rate QoQ 0.5%


Brazil GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.20 3.60 -4.10 percent [+]
GDP Annual Growth Rate 1.20 2.10 10.10 -5.60 percent [+]
GDP 2055.51 1793.99 2616.20 15.17 USD Billion [+]
GDP Constant Prices 288864.85 291838.95 314900.81 170920.00 BRL Million [+]
Gross National Product 1617026.20 1670120.83 1670120.83 271187.46 BRL Million [+]
Gross Fixed Capital Formation 263155.31 268026.06 291365.72 35403.16 BRL Million [+]
GDP per capita 10888.98 10868.70 11915.40 3425.40 USD [+]
GDP per capita PPP 14103.45 14077.10 15432.90 10099.80 USD [+]
GDP From Agriculture 24333.40 13159.91 24981.62 6923.17 BRL Million [+]
GDP From Construction 15021.56 15334.12 20193.88 10342.31 BRL Million [+]
GDP From Manufacturing 27912.91 29938.38 37408.43 21655.49 BRL Million [+]
GDP From Mining 2427.41 2569.13 2644.23 1096.77 BRL Million [+]
GDP From Public Administration 39373.83 39712.57 40315.59 26246.88 BRL Million [+]
GDP From Services 172296.07 179153.55 188034.18 100853.26 BRL Million [+]
GDP From Transport 7952.51 8343.01 9391.41 5031.39 BRL Million [+]
GDP From Utilities 6706.72 6540.83 6706.72 3667.91 BRL Million [+]


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 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. This page provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 3.60 -4.10 1996 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 4.21 Jun/18
United States 4.10 Jun/18
Turkey 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Australia 1.00 Mar/18
Russia 0.85 Mar/18
Netherlands 0.70 Jun/18
South Korea 0.70 Jun/18
Spain 0.60 Jun/18
Switzerland 0.60 Mar/18
Germany 0.50 Jun/18
Japan 0.50 Jun/18
Brazil 0.40 Mar/18
Euro Area 0.40 Jun/18
United Kingdom 0.40 Jun/18
Canada 0.30 Mar/18
France 0.20 Jun/18
Italy 0.20 Jun/18
Mexico -0.10 Jun/18


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