Brazil’s GDP Growth at 3-Year Low
2026-03-03 12:19
By
Isabela Couto
1 min. read
Brazil’s GDP expanded 1.8% year-on-year in Q4 2025, unchanged from the growth rate of the previous quarter and matching market expectations to tie for the softest expansion since the second quarter of 2022.
Industry rose 0.6%, with extractive industries up 12.0% on higher oil and gas output, and utilities up 1.0% on stronger residential energy demand.
Manufacturing fell 2.0%, the third straight decline, dragged by petroleum derivatives, autos, metals, and chemicals.
Construction dropped 2.9%, reflecting weaker employment, lower production of input goods, and softer building materials sales.
Agriculture and livestock surged 12.1%, led by tobacco (29.8%), oranges (28.4%), and wheat (3.7%).
Services grew 2.0%, driven by information and communication (7.1%).