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Brazil: impact of coronavirus (COVID-19) on GDP growth 2020

As of November 27, 2020, the gross domestic product (GDP) of Brazil was forecast to decrease by 4.5 percent during 2020, an improvement in comparison to the 6.5 percent decrease forecast by the end of June. This figure, which had remained stable at a 2.3 percent forecast growth during the first six weeks of the year, decreased for eighteen consecutive weeks, until June 12. The result has been linked with the impacts of COVID-19 in Brazil.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Forecast impact of the novel coronavirus (COVID-19) on gross domestic product (GDP) growth in Brazil in 2020

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Source

Release date

November 2020

Region

Brazil

Survey time period

January to November 2020

Supplementary notes

The figures are market projections/expectations compiled and published weekly by the Central Bank of Brazil.
This statistic was compiled using several releases of the report.

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