Markets Actual Q2 Q3 Q4 Q1 2020
Currency 3.85 3.98 4.03 4.08 4.14 4.25
Stock Market (points) 100328.40 95235 93469 91742 90044 86740
Government Bond 10Y (%) 7.60 8.62 8.76 8.91 9.07 9.38
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -0.20 0 0.4 0.7 0.6 0.8
GDP Annual Growth Rate (%) 0.50 0.7 0.9 1 1.5 2.2
Unemployment Rate (%) 12.50 11.9 11.5 11.9 11.8 11.7
Inflation Rate (%) 4.66 3.6 3.9 3.9 4.1 4
Inflation Rate Mom (%) 0.13 0.3 0.6 0.3 -0.2 0.2
Interest Rate (%) 6.50 6.5 6.25 5.75 5.75 5.75
Balance of Trade (USD Million) 6422.00 5900 4900 6000 4500 3000
Current Account (USD Million) 662.00 550 -200 -4350 -1200 -3400
Current Account to GDP (%) -0.77 -1.8 -1.8 -1.8 -1.6 -1.6
Government Debt to GDP (%) 77.22 80 80 80 82 82
Government Budget (% of GDP) -7.10 -7.9 -7.9 -7.9 -7.6 -7.6
Business Confidence (Index Points) 56.90 55.2 58 58 60 62
Services PMI (Index Points) 47.80 51.9 50.9 51.1 50.4 50.7
Manufacturing PMI 50.20 51 51.5 50.4 50 50
Consumer Confidence (Index Points) 48.40 49 49.5 51 53 53
Retail Sales MoM (%) -0.60 0.1 0.3 0.7 0.5 1
Corporate Tax Rate (%) 34.00 34 34 34 34 30
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -0.20 0 0.4 0.7 0.6 0.8
GDP Annual Growth Rate (%) 0.50 0.7 0.9 1 1.5 2.2
GDP (USD Billion) 2055.51 2200 2200 2200 2350 2350
GDP Constant Prices (BRL Million) 290915.92 295342 302500 298769 295280 305342
Gross National Product (BRL Million) 1676582.03 1677412 1698678 1771064 1701731 1810028
Gross Fixed Capital Formation (BRL Million) 265611.69 260013 291790 286226 269596 292523
GDP per capita (USD) 10888.98 11500 11500 11500 11730 11730
GDP per capita PPP (USD) 14103.45 14500 14500 14500 16500 16500
GDP From Agriculture (BRL Million) 24062.49 22304 18703 13253 24423 13544
GDP From Construction (BRL Million) 13326.75 13658 14239 14215 13527 14527
GDP From Manufacturing (BRL Million) 27659.12 29569 32480 30000 28074 30660
GDP From Mining (BRL Million) 2378.27 2605 2723 2745 2414 2805
GDP From Public Administration (BRL Million) 39507.69 40242 40419 40077 40100 40959
GDP From Services (BRL Million) 175563.57 178259 182462 184215 178197 188268
GDP From Transport (BRL Million) 8104.45 8285 8903 8667 8226 8858
GDP From Utilities (BRL Million) 7018.03 6712 6470 6869 7123 7020
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 12.50 11.9 11.5 11.9 11.8 11.7
Employed Persons (Million ) 92.37 93.18 93.18 91.5 91.5 92
Unemployed Persons (Million ) 13.18 12.9 12.6 12.3 12.15 12
Labour Costs (Index Points) 117.40 95 100 100 100 115
Wages (BRL/Month) 2295.00 2220 2250 2320 2250 2370
Minimum Wages (BRL/Month) 998.00 998 998 998 1050 1050
Population (Million) 208.49 210 210 209 211 211
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (BRL/Month) 2360.00 2450 2450 2450 2450 2550
Living Wage Individual (BRL/Month) 1390.00 1500 1500 1500 1500 1550
Non Farm Payrolls (Thousand ) 129.60 20 100 -300 20 80
Productivity (Index Points) 117.40 95 100 100 100 115
Wages High Skilled (BRL/Month) 4730.00 4500 4500 4500 4500 4600
Wages In Manufacturing (BRL/Month) 2303.00 2270 2250 2290 2290 2340
Wages Low Skilled (BRL/Month) 1440.00 1400 1400 1400 1400 1450
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 4.66 3.6 3.9 3.9 4.1 4
Inflation Rate Mom (%) 0.13 0.3 0.6 0.3 -0.2 0.2
Consumer Price Index CPI (Index Points) 5213.75 5226 5279 5300 5390 5512
Core Inflation Rate (%) 3.94 3.5 3.45 3.6 3.7 3.7
Producer Prices (Index Points) 789.37 801 837 822 854 946
Export Prices (Index Points) 128.66 134 134 134 134 135
Import Prices (Index Points) 118.93 122 122 122 122 124
Food Inflation (%) 6.36 5.7 5 4.2 3.7 4
Producer Prices Change (%) 10.30 8 8.3 9 10 15
CPI Housing Utilities (Index Points) 8973.36 8959 9197 9131 9228 9496
CPI Transportation (Index Points) 5007.57 5050 5113 5094 5161 5298
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 6.50 6.5 6.25 5.75 5.75 5.75
Deposit Interest Rate (%) 6.19 6.19 6.19 6.19 6.19 6.19
Loan Growth (%) 0.60 0.8 0.32 0.5 0.3 0.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 6422.00 5900 4900 6000 4500 3000
Current Account (USD Million) 662.00 550 -200 -4350 -1200 -3400
Current Account to GDP (%) -0.77 -1.8 -1.8 -1.8 -1.6 -1.6
Imports (USD Million) 14970.00 18000 18100 18000 19000 22000
Exports (USD Million) 21390.00 23900 23000 24000 23500 25000
Terms of Trade (Index Points) 108.18 110 110 110 110 109
Foreign Direct Investment (USD Million) 7070.10 4400 4800 5300 7100 6000
Crude Oil Production (BBL/D/1K) 2746.00 2900 2900 2900 2900 3000
Tourist Arrivals (Thousand) 6621.00 6650 6750 6750 6850 6850
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 77.22 80 80 80 82 82
Government Budget (% of GDP) -7.10 -7.9 -7.9 -7.9 -7.6 -7.6
Government Spending (BRL Million) 118159.12 106032 120710 149908 117250 153206
Government Debt (BRL Million) 5479642.90 5482798 5571938 5659558 5659558 5995350
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 34.00 34 34 34 34 30
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 39.80 39.8 39.8 39.8 39.8 39.8
Social Security Rate For Companies (%) 28.80 28.8 28.8 28.8 28.8 28.8
Social Security Rate For Employees (%) 11.00 11 11 11 11 11
Business Actual Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 56.90 55.2 58 58 60 62
Services PMI (Index Points) 47.80 51.9 50.9 51.1 50.4 50.7
Manufacturing PMI 50.20 51 51.5 50.4 50 50
Composite Pmi (Index) 48.40 49.7 52 52.8 53.5 51.5
Industrial Production (%) -3.90 2.2 1.4 3.3 3 2.1
Industrial Production Mom (%) 0.30 0.7 0.4 0.8 0.6 1.3
Manufacturing Production (%) -1.10 1.2 1.5 2.3 2 1.6
Car Production (Units) 275700.00 268000 260000 255000 260000 265000
Car Registrations (Thousand) 245.00 235 218 220 225 240
Leading Economic Index (%) -0.47 0.3 0.3 0.8 0.5 1
Mining Production (%) -24.00 1.6 1.8 1.4 1.2 1.2
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 48.40 49 49.5 51 53 53
Retail Sales MoM (%) -0.60 0.1 0.3 0.7 0.5 1
Retail Sales YoY (%) 1.70 3.3 1.08 2.5 2.2 2.1
Consumer Spending (BRL Million) 1111386.80 1077740 1115793 1168654 1128058 1194365
Bank Lending Rate (%) 53.57 53.57 53.57 53.57 53.57 53.57
Gasoline Prices (USD/Liter) 1.16 1.03 1.01 0.98 0.96 0.96
Housing Actual Q2 Q3 Q4 Q1 2020
Housing Index (Index Points) 129.60 130 129 129 130 130


This page has economic forecasts for Brazil including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Brazil economy.