Brazil GDP Annual Growth Rate 1991-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Brazil contracted 2.60 percent in the second quarter of 2015 over the same quarter of the previous year, worse than market expectations. It is the fifth straight quarter of contraction. GDP Annual Growth Rate in Brazil averaged 3.01 percent from 1991 until 2015, reaching an all time high of 10.10 percent in the first quarter of 1995 and a record low of -3.15 percent in the first quarter of 1992. GDP Annual Growth Rate in Brazil is reported by the Instituto Brasileiro de Geografia e Estatística (IBGE).

Brazil GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -1.60 10.10 -3.15 1991 - 2015 percent Quarterly
Brazil is the seventh largest economy in the world and the largest in Latin America. The Services sector is the most important and accounts for 69 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. Content for - Brazil GDP Annual Growth Rate - was last refreshed on Wednesday, September 2, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-27 12:00 PM Q4 -0.2% -0.6%(R) -0.7% -0.4%
2015-05-29 01:00 PM Q1 -1.6% -0.2% -1.8% -0.8%
2015-08-28 01:00 PM Q2 -2.6% -1.6% -2% -1.5%
2015-12-01 11:00 AM Q3 -2.6% -1.28%


Brazil GDP Shrinks 2.6% YoY in Q2


The Brazilian economy contracted 2.6 percent year-on-year in the second quarter of 2015. It is the fifth straight period of contraction due to a slump in domestic consumption and investment.

Gross fixed capital formation recorded the highest drop (-11.9 percent), down for the fifth straight period. Household consumption shrank 2.7 percent and government spending dropped 1.1 percent. In contrast, exports increased 7.5 percent while imports fell 11.7 percent. 

On the expenditure side, manufacturing, utilities and construction contracted for the fifth straight quarter by -8.3 percent, -4.7 percent and -8.2 percent respectively. On the other hand, mining went up 8.1 percent. In addition, the services sector fell 1.4 percent while agriculture rose 1.8 percent. 

On a quarterly basis, the economy contracted 1.9 percent, the worst performance since the last quarter of 2008.

Joana Taborda | joana.taborda@tradingeconomics.com
8/28/2015 2:23:11 PM


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Brazilian economy contracted 0.9 percent year-on-year in the second quarter of 2014, down from a revised 1.9 percent expansion in the first three months of the year. A sharp drop in manufacturing and construction output accounted the most for the contraction as activity slowed in many factories during the World Cup 2014.
Published on 2014-08-29


Brazil GDP Last Previous Highest Lowest Unit
GDP 2346.12 2392.09 2615.19 15.17 USD Billion [+]
GDP Growth Rate -1.90 -0.70 3.90 -3.90 percent [+]
GDP Annual Growth Rate -2.60 -1.60 10.10 -3.15 percent [+]
GDP Constant Prices 296880.00 298902.80 313662.20 171563.47 BRL Million [+]
Gross National Product 1398920.25 1384541.28 1412265.92 264509.18 BRL Million [+]
GDP per capita 5969.68 6010.79 6010.79 1706.13 USD [+]
Gross Fixed Capital Formation 254225.62 276736.46 279672.78 35738.74 BRL Million [+]
GDP per capita PPP 15412.29 15518.43 15518.43 10104.07 USD [+]
GDP From Agriculture 19456.59 21182.59 21182.59 6929.35 BRL Million [+]
GDP From Construction 17177.08 18446.33 20687.17 10691.03 BRL Million [+]
GDP From Manufacturing 29915.84 29727.07 36931.79 21481.99 [+]
GDP From Mining 2517.17 2458.93 2525.47 1092.40 BRL Million [+]
GDP From Public Administration 39544.07 38287.86 39544.07 26076.65 BRL Million [+]
GDP From Services 178745.60 177525.31 186770.33 101509.08 BRL Million [+]
GDP From Transport 8399.40 8428.10 9459.30 4937.13 BRL Million [+]
GDP From Utilities 5475.71 5569.57 6327.85 3658.36 BRL Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 1.00 Jun/15 2.00 8.80 -3.90 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.00 Jun/15 7.50 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.70 Jun/15 0.20 10.30 -7.20 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]