Brazil GDP Annual Growth Rate  1991-2018 | Data | Chart | Calendar

The Brazilian gross domestic product advanced by 1.2 percent year-on-year in the first quarter of 2018, compared to a 2.1 percent rise in the previous three-month period and market consensus of a 1.3 percent growth. It was the slowest expansion since the second quarter of 2017, as fixed investment and exports grew less and government spending contracted further. GDP Annual Growth Rate in Brazil averaged 2.57 percent from 1991 until 2018, reaching an all time high of 10.10 percent in the first quarter of 1995 and a record low of -5.60 percent in the fourth quarter of 2015.

Brazil GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




Brazilian Economy Grows the Least in Near a Year


The Brazilian gross domestic product advanced by 1.2 percent year-on-year in the first quarter of 2018, compared to a 2.1 percent rise in the previous three-month period and market consensus of a 1.3 percent growth. It was the slowest expansion since the second quarter of 2017, as fixed investment and exports grew less and government spending contracted further.

From the expenditure side, fixed investment rose by 3.5 percent, below 3.8 percent in Q4, mainly reflecting uncertainty about elections scheduled for October; and government spending contracted more (-0.8 percent from -0.4 percent). In addition, net external demand contributed negatively to growth, as imports climbed 7.7 percent (8.1 percent in Q4) and exports increased at a softer 6.0 percent (9.1 percent in Q4). In contrast, household spending expanded faster (2.8 percent from 2.6 percent), posting the strongest rise since the fourth quarter of 2014 (2.8 percent), amid record-low interest rates and lower inflation.

From the production side, the services sector grew 1.5 percent following a 1.7 percent gain in Q4, as output rose less for transport and storage (2.8 percent from 4.4 percent); financial services (0.1 percent from 0.3 percent) and declined for information and communication (-3.3 percent from 1.5 percent). Conversely, gains were recorded in public administration, defense, health, education and social security (0.6 percent from 0.3 percent); trade (4.5 percent from 4.4 percent) and real estate activities (2.8 percent from 2.1 percent). Also, industrial output eased (1.6 percent from 2.7 percent), due to a slowdown in manufacturing activity (4.0 percent from 6.0 percent) and contractions in mining (-1.9 percent from -0.1 percent) and construction (-2.2 percent from -1.6 percent). Meanwhile, the utilities sector expanded faster (0.6 percent, after showing no growth in Q4). Finally, the agricultural sector shrank 2.6 percent, the steepest contraction since a 3.6 percent decline was seen in the third quarter of 2016, compared to a 6.1 percent surge in Q4.

On a quarterly basis, the economy advanced 0.4 percent, 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.


IBGE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/30/2018 2:10:26 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-01 11:00 AM GDP Growth Rate YoY 1.4% 0.4% 1.3% 1.1%
2018-03-01 12:00 PM GDP Growth Rate YoY 2.1% 1.4% 2.5% 2.3%
2018-05-30 12:00 PM GDP Growth Rate YoY 1.2% 2.1% 1.3% 1.7%
2018-08-31 12:00 PM GDP Growth Rate YoY 1.2% 1.5%
2018-11-30 11:00 AM GDP Growth Rate YoY 1.7%


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 1796.19 1803.65 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 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 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 Annual 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. 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 2.10 10.10 -5.60 1991 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


Related

Latest