The Gross Domestic Product (GDP) in Brazil expanded 2 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Brazil averaged 2.47 percent from 1991 until 2026, reaching an all time high of 12.40 percent in the second quarter of 2021 and a record low of -10.10 percent in the second quarter of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
GDP Annual Growth Rate in Brazil is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil GDP Annual Growth Rate is projected to trend around 2.50 percent in 2027 and 3.00 percent in 2028, according to our econometric models.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
2.00 |
1.80 |
12.40 |
-10.10 |
1991 - 2026 |
percent |
Quarterly |
|