Brazil: Gross domestic product (GDP) in current prices from 2012 to 2022 (in billion U.S. dollars)

Gross domestic product (GDP) in Brazil 2022 The statistic shows the gross domestic product (GDP) in Brazil from 2012 to 2016, with projections up until 2022. The gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2016, Brazil's gross domestic product amounted to around 1.79 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and China, Brazil was ranked second that year.
Brazil's national finances

Brazil is one of the fastest growing economies in the world and the largest amongst all Latin American countries. Brazil is also a member of multiple economic organizations such as the G20 as well as one of the four countries in the BRIC economies, which consist of Brazil, Russia, India and China. Despite having one of the lower populations out of the four countries, Brazil maintained a relatively stable dollar value of all goods and services produced within the country in comparison to India, for example. This indicates that unemployment is low and in general business demand within the country has become relatively high.

Spending within the country has been relatively high, however is considered to be normal, especially for developing countries. It is expected that developing economies have a budget deficit of roughly 3 percent, primarily because spending is needed in order to fuel an economy at most times. However, most Brazilians still have faith in their country’s economic future and still believe that their own personal financial situation will improve along with the country’s economic position in the world.
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Gross domestic product in billion U.S. dollars
20122,464.05
20132,471.72
20142,456.05
20151,801.48
20161,798.62
2017*2,080.92
2018*2,199.72
2019*2,299.23
2020*2,403.87
2021*2,513.27
2022*2,629.46
Gross domestic product in billion U.S. dollars
20122,464.05
20132,471.72
20142,456.05
20151,801.48
20161,798.62
2017*2,080.92
2018*2,199.72
2019*2,299.23
2020*2,403.87
2021*2,513.27
2022*2,629.46

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Description Source More information
The statistic shows the gross domestic product (GDP) in Brazil from 2012 to 2016, with projections up until 2022. The gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2016, Brazil's gross domestic product amounted to around 1.79 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and China, Brazil was ranked second that year.
Brazil's national finances

Brazil is one of the fastest growing economies in the world and the largest amongst all Latin American countries. Brazil is also a member of multiple economic organizations such as the G20 as well as one of the four countries in the BRIC economies, which consist of Brazil, Russia, India and China. Despite having one of the lower populations out of the four countries, Brazil maintained a relatively stable dollar value of all goods and services produced within the country in comparison to India, for example. This indicates that unemployment is low and in general business demand within the country has become relatively high.

Spending within the country has been relatively high, however is considered to be normal, especially for developing countries. It is expected that developing economies have a budget deficit of roughly 3 percent, primarily because spending is needed in order to fuel an economy at most times. However, most Brazilians still have faith in their country’s economic future and still believe that their own personal financial situation will improve along with the country’s economic position in the world.
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Release date
October 2017
Region
Brazil
Survey time period
2012 to 2016
Supplementary notes
* Estimate.

Figures have been rounded up to facilitate the comprehension of the statistic.

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