Brazil GDP Annual Growth Rate  1991-2016 | Data | Chart | Calendar

The Brazilian economy shrank 4.5 percent year-on-year in the third quarter of 2015, sixth consecutive contraction and the worst since modern records began in 1996. GDP Annual Growth Rate in Brazil averaged 2.96 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 -4.50 percent in the third quarter of 2015. 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
-4.50 -3.00 10.10 -4.50 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 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 -4.5% -3.0% -4.1% -2.7%
2016-03-28 11:00 AM Q4 -3.62%
2016-05-30 12:00 PM Q1 -2.92%
2016-08-29 12:00 PM Q2 -2.21%

Brazil GDP Contracts for 6th Straight Quarter


The Brazilian economy shrank 4.5 percent year-on-year in the third quarter of 2015, sixth consecutive contraction and the worse since modern records began in 1996.

Household spending went down 4.5 percent, investment dropped 15 percent and government expenditure edged down 0.4 percent. Exports went up 1.1 percent while imports fell 20 percent. 

On the production side, the services sector fell 2.9 percent, mainly hurt by a 9.9 percent drop in internal trade and a 7.7 percent decrease in transportation and communication. The industrial sector went down 6.7 percent: manufacturing slumped 11.3 percent and construction decreased 6.3 percent while mining grew 4.2 percent and utilities increased 1.5 percent. In addition, agricultural output dropped 2 percent.

On a quarterly basis, the GDP contracted 1.7 percent

Joana Taborda | joana.taborda@tradingeconomics.com
12/1/2015 11:58:47 AM

Brazil GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.70 -2.10 3.50 -4.10 percent [+]
GDP Annual Growth Rate -4.50 -3.00 10.10 -4.50 percent [+]
GDP 2346.12 2392.09 2615.19 15.17 USD Billion [+]
GDP Constant Prices 297446.01 296630.00 314713.77 170920.00 BRL Million [+]
Gross National Product 1446839.04 1398920.25 1446839.04 264509.18 BRL Million [+]
Gross Fixed Capital Formation 268429.88 267299.43 291091.76 35403.16 BRL Million [+]
GDP per capita 5969.68 6010.79 6010.79 1706.13 USD [+]
GDP per capita PPP 15412.29 15518.43 15518.43 10104.07 USD [+]
GDP From Agriculture 16964.27 19456.59 21182.59 6929.35 BRL Million [+]
GDP From Construction 17478.99 17177.08 20687.17 10691.03 BRL Million [+]
GDP From Manufacturing 31717.80 29915.84 36931.79 21481.99 [+]
GDP From Mining 2576.20 2517.17 2576.20 1092.40 BRL Million [+]
GDP From Public Administration 40108.42 39544.07 40108.42 26076.65 BRL Million [+]
GDP From Services 178943.56 178745.60 186770.33 101509.08 BRL Million [+]
GDP From Transport 8732.59 8399.40 9459.30 4937.13 BRL Million [+]
GDP From Utilities 5907.21 5475.71 6327.85 3658.36 BRL Million [+]




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