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

The Gross Domestic Product (GDP) in Brazil contracted 1.60 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Brazil averaged 2.93 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).

      Forecast
Brazil GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -0.20 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 Monday, July 6, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-28 11:00 AM Q3 -0.2% -0.9% -0.2% -0.1%
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 -1.6% -2%
2015-12-01 11:00 AM Q3 -2.2%


Brazil's Economy Contracts The Most in 6 Years


The Brazilian GDP shrank by 1.6 percent year-on-year in the first three months of 2015. It is the fourth consecutive contraction as domestic demand and investments struggle to gain traction.

Gross fixed capital formation shrank 7.8 percent, government spending decreased 1.5 percent and household consumption fell 0.9 percent. Exports rose 3.2 percent while imports decreased 4.7 percent. 

On a quarter-on-quarter basis, the economy shrank 0.2 percent in the first quarter of 2015, better than market expectations of a 0.5 percent drop but down from a 0.3 percent rise in the previous period.

Joana Taborda | joana.taborda@tradingeconomics.com
5/29/2015 2:37:59 PM


Recent Releases

Brazil's Economy Shrinks Less Than Expected
Brazilian economy contracted 0.2 percent year-on-year in the last three months of 2014, following a downwardly revised 0.6 percent drop in the previous quarter as a rise in consumer spending was not enough to offset a decline in investment and government spending
Published on 2015-03-27

Brazil GDP Contracts Again in Q3
The Brazilian economy contracted 0.2 percent year-on-year in the third quarter of 2014, following a 0.9 percent drop in the previous period. A rise in government spending and exports was not enough to offset a drop in investment and slowing consumption.
Published on 2014-11-28

Brazil GDP Contracts 0.9% YoY in Q2
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 Growth Slows in Q1
Brazilian economy expanded 1.9 percent year-on-year in the first three months of 2014, down from an upwardly revised 2.2 increase in the previous quarter, as higher government spending offset a drop in investment.
Published on 2014-05-30


Brazil GDP Last Previous Highest Lowest Unit
GDP 2346.12 2392.09 2615.19 15.17 USD Billion [+]
GDP Growth Rate -0.20 0.30 4.50 -4.20 percent [+]
GDP Annual Growth Rate -1.60 -0.20 10.10 -3.15 percent [+]
GDP Constant Prices 298902.80 308332.41 313662.20 171563.47 BRL Million [+]
Gross National Product 1384541.28 1412265.92 1412265.92 264509.18 BRL Million [+]
GDP per capita 5969.68 5823.04 5969.68 1726.57 USD [+]
Gross Fixed Capital Formation 276736.45 276993.32 279672.77 35738.74 BRL Million [+]
GDP per capita PPP 15412.29 14555.08 15412.29 9777.23 USD [+]
Gdp From Agriculture 21182.59 12295.04 21182.59 6929.35 BRL Million [+]
Gdp From Construction 18446.33 19128.70 20687.17 10691.03 BRL Million [+]
Gdp From Manufacturing 29727.07 33007.97 36931.79 21481.99 [+]
Gdp From Mining 2458.93 2525.47 2525.47 1092.40 BRL Million [+]
Gdp From Public Administration 177525.31 186770.33 186770.33 101509.08 [+]
Gdp From Services 177525.31 186770.33 186770.33 101509.08 BRL Million [+]
Gdp From Transport 8428.10 9252.09 9459.30 4937.13 BRL Million [+]
Gdp From Utilities 5569.57 5856.40 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 -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Mar/15 7.30 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.50 Mar/15 2.70 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.80 -4.40 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.90 Mar/15 3.40 9.80 -5.80 percent [+]
United States 2.90 Mar/15 2.40 13.40 -4.10 percent [+]