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

The Brazilian economy expanded 1.4 percent year-on-year in the third quarter of 2017, following an upwardly revised 0.4 percent rise in the previous quarter and better than forecasts of 1.3 percent. It is the fastest growth rate since the first quarter of 2014, boosted by a jump in household spending and exports. GDP Annual Growth Rate in Brazil averaged 2.59 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 -5.60 percent in the fourth quarter of 2015.

Brazil GDP Annual Growth Rate
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Brazil GDP Growth Strongest in 3 Years


The Brazilian economy expanded 1.4 percent year-on-year in the third quarter of 2017, following an upwardly revised 0.4 percent rise in the previous quarter and better than forecasts of 1.3 percent. It is the fastest growth rate since the first quarter of 2014, boosted by a jump in household spending and exports.

Household spending surged 2.2 percent, after a 0.6 percent rise in the previous period, hitting the highest growth rate since the last three months of 2014. On the other hand, public expenditure (-0.6 percent compared to -0.8 percent) and investment (-0.5 percent compared to -6.7 percent) continued to fall although at a slower pace. Exports jumped 7.6 percent (2.5 percent in Q2) and imports recovered (5.7 percent compared to -3.2 percent).

On the production side, both services (1 percent compared to -0.2 percent) and industry (0.4 percent compared to -1.9 percent) rebounded while agriculture slowed (9.1 percent compared to 14.8 percent).

On a quarterly basis, the economy advanced a meager 0.1 percent, following an upwardly revised 0.7 percent growth in the previous period and below market expectations of 0.3 percent. Still, it was the third consecutive expansion after 2 year long recession.

IBGE | Joana Taborda |
12/1/2017 12:37:34 PM



Calendar GMT Actual Previous Consensus TEForecast
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 1.4% 0.4% 1.3% 1.1%
2018-03-01 11:00 AM GDP Growth Rate YoY 1.4% 2%
2018-03-07 12:00 PM GDP Growth Rate YoY
2018-06-01 12:00 PM GDP Growth Rate YoY


Brazil GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.70 3.90 -4.10 percent [+]
GDP Annual Growth Rate 1.40 0.40 10.10 -5.60 percent [+]
GDP 1796.19 1803.65 2616.20 15.17 USD Billion [+]
GDP Constant Prices 295644.96 289755.53 314900.81 170920.00 BRL Million [+]
Gross National Product 1609208.89 1607998.04 1609208.89 271187.46 BRL Million [+]
Gross Fixed Capital Formation 263924.50 248769.23 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 18334.73 22402.41 24981.62 6923.17 BRL Million [+]
GDP From Construction 15514.00 14972.60 20193.88 10342.31 BRL Million [+]
GDP From Manufacturing 31490.74 28556.96 37408.43 21655.49 [+]
GDP From Mining 2644.23 2528.81 2644.23 1096.77 BRL Million [+]
GDP From Public Administration 39977.20 39784.75 40315.59 26246.88 BRL Million [+]
GDP From Services 177647.94 173892.72 188034.18 100853.26 BRL Million [+]
GDP From Transport 8427.19 8035.11 9391.41 5031.39 BRL Million [+]
GDP From Utilities 6435.41 6502.37 6665.67 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.40 10.10 -5.60 1991 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17