The Brazilian GDP expanded by 0.5% in the second quarter of 2026, extending the 1.1% expansion from the first quarter and ahead of market expectations of a 0.4% growth rate. Output remained supported by the elevated level of government spending that has boosted household consumption in recent quarters, in addition to measures to ease access to bank loans. Hence, government expenditure expanded by 0.4% and gross fixed capital formation surged 1.2%. Still, high inflation and borrowing costs due to the widening public deficits reflected some deterioration in household consumption, which contracted by 0.4%. Net foreign demand dented the GDP sharply, with exports falling 0.8% while imports surged 1.8%. From the previous year, the Brazilian GDP expanded by 2%, inching up from the 1.8% in the first quarter. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

The Gross Domestic Product (GDP) in Brazil expanded 0.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Brazil averaged 0.59 percent from 1996 until 2026, reaching an all time high of 7.90 percent in the third quarter of 2020 and a record low of -8.80 percent in the second quarter of 2020. This page provides - Brazil GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Brazil expanded 0.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Brazil is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil GDP Growth Rate is projected to trend around 0.50 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 12:00 PM
GDP Growth Rate QoQ
Q1 1.1% 0.3% 1% 1.2%
2026-09-01 12:00 PM
GDP Growth Rate QoQ
Q2 0.5% 1.1% 0.4% 0.3%
2026-12-02 12:00 PM
GDP Growth Rate QoQ
Q3 0.5% 0.1%


Related Last Previous Unit Reference
GDP Growth Rate YoY 2.00 1.80 percent Jun 2026
GDP Constant Prices 351322.71 343338.20 BRL Million Jun 2026
GDP from Agriculture 32824.96 33593.31 BRL Million Jun 2026
GDP from Construction 17024.72 16772.07 BRL Million Jun 2026
GDP from Manufacturing 29806.41 28145.25 BRL Million Jun 2026
GDP from Mining 3213.62 2981.10 BRL Million Jun 2026
GDP from Public Administration 41384.31 40848.12 BRL Million Jun 2026
GDP from Services 210324.38 206101.16 BRL Million Jun 2026
GDP from Transport 9033.91 8612.21 BRL Million Jun 2026
GDP from Utilities 8202.51 8341.67 BRL Million Jun 2026
GDP Growth Rate 0.50 1.10 percent Jun 2026
Gross Fixed Capital Formation 64717.67 63798.20 BRL Million Jun 2026
Gross National Product 3342133.00 3149651.00 BRL Million Jun 2026


Brazil GDP Growth Rate
Brazil is the tenth largest economy in the world and the biggest in Latin America. The services sector is the most important and accounts for 63 percent to total GDP. The biggest segments within services are: government, defense, education and health (15 percent of total GDP); other services (15 percent); wholesale and retail trade (11 percent); real estate (8 percent); and financial services (7 percent). Also, industry contributes to 18 percent of GDP, with manufacturing (11 percent) and construction (4 percent) accounting for the largest share. The agriculture and livestock sector accounts for 5 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (16 percent). Exports of goods and services account for 13 percent of GDP while imports account for 12 percent, adding 1 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.10 7.90 -8.80 1996 - 2026 percent Quarterly

News Stream
Brazil GDP Grows More Than Expected
The Brazilian GDP expanded by 0.5% in the second quarter of 2026, extending the 1.1% expansion from the first quarter and ahead of market expectations of a 0.4% growth rate. Output remained supported by the elevated level of government spending that has boosted household consumption in recent quarters, in addition to measures to ease access to bank loans. Hence, government expenditure expanded by 0.4% and gross fixed capital formation surged 1.2%. Still, high inflation and borrowing costs due to the widening public deficits reflected some deterioration in household consumption, which contracted by 0.4%. Net foreign demand dented the GDP sharply, with exports falling 0.8% while imports surged 1.8%. From the previous year, the Brazilian GDP expanded by 2%, inching up from the 1.8% in the first quarter.
2026-09-01
Brazil GDP Grows More than Expected
The Brazilian GDP expanded by 1.1% in the first quarter of 2026, gaining traction following the upwardly revised 0.3% increase in the previous quarter and slightly ahead of the market consensus of a 1% rise. It was the sharpest growth rate in one year, remaining supported by the elevated level of government spending that has boosted household consumption in recent quarters and drove the Brazilian central bank to maintain interest rates at an elevated level. Household consumption jumped by 1% in the period, and public expenditure inched higher by 0.4%. Meanwhile, gross fixed capital formation surged by 3.5%. On the other hand, net foreign demand had a negative contribution to GDP growth, with exports rising by 1.7% while imports surged by 4.4%.
2026-05-29
Brazil GDP Inches Higher
The Brazilian gross domestic product inched higher by 0.1% from the previous quarter in the final three months of 2025, aligned with market expectations, following the downwardly revised stall in the earlier period. Private consumption stalled, consolidating the ongoing slowdown in the Brazilian economy since the second quarter of the year, aligning with the likely resumption of the Brazilian central bank's rate cuts. This was combined with a 3.5% slump in gross fixed capital formation, signaling that the period of restrictive rates by the BCB dented investment levels. In turn, these were offset by a 1% increase in government expenditure. Meanwhile, net foreign demand contributed positively to the GDP growth as exports rose 3.7%, while imports dropped by 1.8%.
2026-03-03