Brazil GDP Annual Growth Rate  1991-2017 | Data | Chart | Calendar

The Brazilian economy advanced 0.3 percent year-on-year in the second quarter of 2017, following a 0.4 percent contraction in the previous period and beating market expectations of a flat reading. It is the first annual growth rate since the first quarter of 2014 due to a rebound in household spending. GDP Annual Growth Rate in Brazil averaged 2.58 percent from 1991 until 2017, reaching an all time high of 10.10 percent in the first quarter of 1995 and a record low of -5.80 percent in the fourth quarter of 2015.

Brazil GDP Annual Growth Rate
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Brazilian Economy Returns to Growth in Q2


The Brazilian economy advanced 0.3 percent year-on-year in the second quarter of 2017, following a 0.4 percent contraction in the previous period and beating market expectations of a flat reading. It is the first expansion since the first quarter of 2014 due to a rebound in household spending.

Household spending increased 0.7 percent, the first gain since the last quarter of 2014 amid a slowdown in inflation, lower interest rates and higher real wages. Exports rose at a faster 2.5 percent (1.9 percent in Q1) while imports contracted 3.3 percent (+9.8 percent in Q1). On the other hand, public spending (-2.4 percent compared to -1.3 percent) in Q1) and gross fixed capital formation (-6.5 percent compared to -3.7 percent) shrank more.

On the production side, agriculture drove the expansion (14.9 percent compared to 15.2 percent in Q1) and services declined less (-0.3 percent compared to -1.7 percent) while industrial production fell more (-2.1 percent compared to -1.1 percent in Q1).

On a quarterly basis, the GDP advanced 0.2 percent, following a 1 percent growth in the previous period and beating market expectations of a 0.1 percent expansion. 

IBGE | Joana Taborda | joana.taborda@tradingeconomics.com
9/6/2017 3:03:15 PM


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Calendar GMT Actual Previous Consensus TEForecast
2017-03-07 12:00 PM GDP Growth Rate YoY -2.5% -2.9% -2.3% -2.1%
2017-06-01 12:00 PM GDP Growth Rate YoY -0.4% -2.5% -0.5% -0.7%
2017-09-01 12:00 PM GDP Growth Rate YoY 0.3% -0.4% 0% -0.1%
2017-12-01 11:00 AM GDP Growth Rate YoY 0.3% 0.2%
2018-03-01 11:00 AM GDP Growth Rate YoY 0.5%


Brazil GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 1.00 4.00 -3.90 percent [+]
GDP Annual Growth Rate 0.30 -0.40 10.10 -5.80 percent [+]
GDP 1796.19 1803.65 2616.20 15.17 USD Billion [+]
GDP Constant Prices 288139.83 283460.35 314900.94 170920.00 BRL Million [+]
Gross National Product 1616034.08 1560168.58 1616034.08 264509.18 BRL Million [+]
Gross Fixed Capital Formation 253869.44 248569.48 291362.48 35403.16 BRL Million [+]
GDP per capita 10826.30 11322.10 11912.10 3425.00 USD [+]
GDP per capita PPP 14023.70 14666.00 15430.30 10099.60 USD [+]
GDP From Agriculture 22012.33 23855.60 23855.60 6923.17 BRL Million [+]
GDP From Construction 15458.89 15825.31 20192.92 10342.31 BRL Million [+]
GDP From Manufacturing 28065.11 26298.50 37408.43 21655.49 [+]
GDP From Mining 2514.54 2438.91 2586.44 1096.77 BRL Million [+]
GDP From Public Administration 39294.72 38657.59 39898.23 26246.88 BRL Million [+]
GDP From Services 173377.31 169630.32 188042.35 100853.26 BRL Million [+]
GDP From Transport 7809.32 7574.90 9389.86 5031.39 BRL Million [+]
GDP From Utilities 6303.01 6445.94 6445.94 3667.91 BRL Million [+]


Brazil GDP Annual Growth Rate

Brazil is the eighth largest economy in the world and the largest in Latin America. The Services sector is the most important and accounts for more than 70 percent to total GDP. The biggest segments within Services are: government, education and health (18 percent of total GDP); other services (16 percent); wholesale and retail trade (13 percent); real estate (8 percent) and business and financial services (7 percent). Industry constitutes 25 percent of the GDP and the largest segments within this sector are: manufacturing (13 percent of total GDP); construction (5 percent) and mining (4 percent). The Agriculture and Livestock sector accounts for the remaining 6 percent of GDP. This page provides - Brazil GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 -0.40 10.10 -5.80 1991 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17