Brazil GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

2.9

Units In

1.9

Frequency

Quarterly

Next Release

Dec 04, 2025

Time to Release

2 Months 30 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
12.3 Jun 2021	-10.7 Jun 2020	2.4 %	1991-2025	N/A

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 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.

Latest Updates

The Brazilian gross domestic product expanded by 2.2% from the previous year during the second quarter of 2025, slowing from the 2.9% expansion in the previous period and loosely aligned with market expectations. The data reflected the softest growth rate in over three years, indicating an increasing impact of high interest rates from the central bank, among the highest in the world on a real basis, as stubborn inflation continued to dent purchasing power. The output and generation of utilities contracted by 4% from the previous year, while manufacturing stalled. Conversely, the agriculture and livestock output surged by 10.1%.