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Brazil: Gross Domestic Product (GDP) growth rate 2018-2020

Published by Marina Pasquali, Jun 12, 2020
In the first quarter of 2020, the Gross Domestic Product (GDP) in Brazil decreased by 1.5 percent compared to the previous quarter (seasonally adjusted). In comparison to the same quarter of the previous year, Brazil's GDP decreased 0.3 percent between January and March of 2020.

GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country.

Growth of the Gross Domestic Product (GDP) in Brazil from 1st quarter 2018 to 1st quarter 2020

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Source

Release date

May 2020

Region

Brazil

Survey time period

Q1 2018 to Q1 2020

Special properties

Based on GDP at current market prices

Supplementary notes

* Data prior to Q1 2019 were retrieved from earlier releases of the publication.

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