Brazil GDP

The Gross Domestic Product (GDP) in Brazil was worth 2435.20 billion US dollars in 2012. The GDP value of Brazil represents 3.93 percent of the world economy. GDP in Brazil is reported by the The World Bank Group. From 1960 until 2012, Brazil GDP averaged 929.1 USD Billion reaching an all time high of 2825.5 USD Billion in December of 2007 and a record low of 72.3 USD Billion in December of 1960. This page provides - Brazil GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2435.20 2444.90 2825.50 72.30 2451.01 | 2013/12 1960 - 2012 USD Billion Yearly

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Brazil GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 5721.23 2012-12-31 5721.29 5721.29 1726.57 5774.38 2013-12-31 USD [+]
GDP per capita PPP 10263.89 2012-12-31 10264.01 10264.01 6557.05 10356.67 2013-12-31 USD [+]
GDP Constant Prices 1290507.33 2013-11-15 1213440.18 1290507.33 156930.00 1296289.85 2014-03-31 BRL Million [+]
Gross Fixed Capital Formation 227845.55 2013-11-15 232041.19 232041.19 31363.00 237626.28 2014-03-31 BRL Million [+]
Gross National Product 1259649.98 2013-11-15 1199092.11 1259649.98 140820.00 1272939.29 2014-03-31 BRL Million [+]
GDP Growth Rate 0.70 2013-12-31 -0.50 4.50 -4.20 0.16 2014-03-31 Percent [+]
GDP Annual Growth Rate 1.90 2013-12-31 2.20 10.10 -3.15 3.58 2014-03-31 Percent [+]
GDP 2435.20 2012-12-31 2444.90 2825.50 72.30 2451.01 2013-12-31 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Brazil Inflation Rate Up to 8-Month High  
In March of 2014, Brazilian annual consumer prices accelerated to 6.15 percent from 5.68 percent in the previous month. On a monthly basis, prices rose 0.92 percent as a severe drought raised food cost.
Brazil Raises Selic Rate to 11%  
At its April 2nd, 2014 meeting, the Central Bank of Brazil raised the benchmark interest rate by 25 bps to 11 percent, as widely expected, after a surge in food prices.
Brazil Posts Trade Surplus in March  
Brazilian trade balance turned into a USD 112 million surplus in March of 2014, following two straight monthly deficits, but still it was the lowest surplus for any March month in the last thirteen years.
Brazil Unemployment Rate Up to 4-Month High  
In February of 2014, Brazilian jobless rate rose for the second straight month to 5.1 percent, up from 4.8 percent in the previous month. Despite the rise, it is the lowest-ever rate for any February month and compares with 5.6 percent a year earlier.
Brazil Inflation Rate Rises Above Forecasts  
In February of 2014, Brazilian annual inflation rate accelerated to 5.68 percent from 5.59 percent in the previous month. On a monthly basis, prices rose to 0.69 percent due to higher housing rents and school fees.
Brazil Posts Trade Deficit for 2nd Straight Month  
In February of 2014, Brazilian trade balance turned into a USD 2.125 billion deficit, down from a USD 4.06 billion gap reported in the previous month but up 66 percent from February of 2013.
Brazil Returns to Growth in Q4  
In the fourth quarter of 2013, Brazilian GDP advanced 0.7 percent on a quarter-on-quarter seasonally adjusted basis, recovering from a 0.5 percent contraction in the previous period, boosted by the services sector.
Brazil GDP Growth Beats Expectations in Q4  
In the last three months of 2013, Brazilian economy advanced 1.9 percent over a year earlier, beating market expectations, but slowing from a 2.2 percent expansion in the previous quarter. Recession fears were allayed as the economy advanced 0.7 percent on a quarter basis.
Brazil Raises Interest Rate to 10.75%  
At its February 26th, 2014 meeting, Central Bank of Brazil decided to raise the benchmark interest rate for the second straight time by 25 bps to 10.75 percent, as widely expected.
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LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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