Browse additional economic indicators and data sets

Brazil

Includes Brazil real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Economic indicators and data sets offering a full view of Brazil’s economic outlook, international trade performance and finance sector. With links to rankings of the country’s best and safest banks. Updated October 2023

Brazil GDP Shows Its Economic Strength

A powerhouse in Latin America, Brazil is also one of the top 10 economies in the world by gross domestic product. Its strength is largely based on the export of raw commodities such as soybeans, sugarcane, coffee, iron and crude petroleum. Along with finance, real estate and services, other key industries include automobile manufacturing, renewable energy and construction.

Foreign investors enjoy equal legal rights as domestic investors across most economic sectors. As a result, in recent years, the country has received over half of Latin America’s total FDI inflows. Weaknesses include the state’s involvement in many areas of the economy, a high level of public debt, and cumbersome bureaucracy. 

Brazil GDP & Economic Overview

Macroeconomy & Sovereign Data

Total Land Area 8.5 million sq km
Type of Government Federal Presidential Republic
Capital Brasilia
Total Population 215 million
Total GDP USD 2 trillion
Median Age 33.6
Adult Per Capita Income (PPP) USD 22,567

Brazil: Banking, Finance, Trade & Investment

Overview

Central Bank Banco Central do Brasil
Currency Brazilian real (BRL)
Sovereign Ratings Moody’s Ba2
Fitch BB
S&P BB-
International Reserves USD 340 billion
Stock Exchange BOVESPA

International Trade

Total Exports USD 269 billion
Leading Exports Iron
Soybeans
Crude petroleum
Sugar
Poultry meats
Major Trade Partners – Export China, United States, Argentina, Netherlands, Chile
Total Imports USD 376 billion
Leading Imports Refined petroleum
Vehicle parts
Crude petroleum
Integrated circuits
Pesticides
Major Trade Partners – Import China, United States, Argentina, Germany, India

Central Bank Leadership

Governor Roberto Campos Neto has taken heat for not heeding President Lula da Silva’s call for quick rate cuts but the governor is clear in signaling the finance sector…read more in our Central Banker Report Cards – The Americas

Brazil's Leading Companies

Petroleum Petrobras
Metals & Mining Vale S.A.
Food & Beverage Ambev S.A.
JBS Foods
Finance Cielo S.A.
Itaú Unibanco

Sustainable Finance

Investment in sustainability proceeds rapidly, as Brazil and its neighbors seek to mitigate the harms of climate change and protect its significant agricultural sector.

Click here for the Best Sustainable Finance providers—in Brazil and across the Latin American region.

Global Finance Rankings & Awards: Brazil

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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