Markets Actual Q2 Q3 Q4 Q1 2020
Currency 3.95 3.98 4.03 4.08 4.14 4.25
Stock Market (points) 95828.11 93592 91808 90052 88335 84996
Government Bond 10Y (%) 8.95 9.14 9.3 9.46 9.63 9.97
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.10 0.6 1 0.8 0.6 0.8
GDP Annual Growth Rate (%) 1.10 1.6 1.8 2 2.2 2.6
Unemployment Rate (%) 12.40 11.3 11 10.8 11.5 11.1
Inflation Rate (%) 4.58 3.6 3.9 3.9 4.1 4
Inflation Rate Mom (%) 0.75 0.3 0.6 0.3 -0.2 0.2
Interest Rate (%) 6.50 6.5 6.5 6.5 7.5 7.75
Balance of Trade (USD Million) 4990.00 5900 4900 3000 4500 3000
Current Account (USD Million) -1134.00 550 -3200 -4350 -1200 -4400
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) 58.40 62.7 63.5 64.6 64.6 65
Services PMI (Index Points) 52.70 51.9 50.9 51.1 50.4 50.7
Manufacturing PMI 52.80 51.6 51 50.4 50 50
Consumer Confidence (Index Points) 114.30 117 118 120 124 118
Retail Sales MoM (%) 0.00 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 (%) 0.10 0.6 1 0.8 0.6 0.8
GDP Annual Growth Rate (%) 1.10 1.6 1.8 2 2.2 2.6
GDP (USD Billion) 2055.51 2200 2200 2200 2350 2350
GDP Constant Prices (BRL Million) 295810.87 295636 302500 301727 302319 309572
Gross National Product (BRL Million) 1753529.01 1679078 1698678 1788600 1792107 1835103
Gross Fixed Capital Formation (BRL Million) 283392.07 260271 291790 289060 289627 296575
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) 13121.30 22326 18703 13384 13410 13732
GDP From Construction (BRL Million) 14074.03 13671 14239 14356 14384 14729
GDP From Manufacturing (BRL Million) 29702.85 29598 32480 30297 30356 31085
GDP From Mining (BRL Million) 2717.82 2607 2723 2772 2778 2844
GDP From Public Administration (BRL Million) 39680.40 40282 40419 40474 40553 41526
GDP From Services (BRL Million) 182391.14 178436 182462 186039 186404 190876
GDP From Transport (BRL Million) 8581.49 8293 8903 8753 8770 8981
GDP From Utilities (BRL Million) 6801.07 6719 6470 6937 6951 7117
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 12.40 11.3 11 10.8 11.5 11.1
Employed Persons (Million ) 92.13 93.18 93.18 91.5 91.5 92
Unemployed Persons (Million ) 13.10 12.3 12.25 12.15 12.15 12
Labour Costs (Index Points) 120.65 95 100 100 100 115
Wages (BRL/Month) 2285.00 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 ) 173.14 20 100 -300 20 80
Productivity (Index Points) 120.65 95 100 100 100 115
Wages High Skilled (BRL/Month) 4730.00 4500 4500 4500 4500 4600
Wages In Manufacturing (BRL/Month) 2297.00 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 (%) 4.58 3.6 3.9 3.9 4.1 4
Inflation Rate Mom (%) 0.75 0.3 0.6 0.3 -0.2 0.2
Consumer Price Index CPI (Index Points) 5177.47 5226 5279 5300 5390 5512
Core Inflation Rate (%) 3.80 3.5 3.45 3.6 3.7 3.7
Producer Prices (Index Points) 776.78 801 837 822 854 946
Export Prices (Index Points) 122.53 134 134 134 134 135
Import Prices (Index Points) 117.82 122 122 122 122 124
Food Inflation (%) 6.74 3.8 4.1 4.2 3.7 4
Producer Prices Change (%) 10.30 8 8.3 9 10 15
CPI Housing Utilities (Index Points) 8865.00 8959 9197 9131 9228 9496
CPI Transportation (Index Points) 4957.47 5050 5113 5094 5161 5298
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 6.50 6.5 6.5 6.5 7.5 7.75
Deposit Interest Rate (%) 8.51 8.51 8.51 8.51 9.51 9.51
Loan Growth (%) 0.30 0.5 0.32 0.5 0.3 0.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) 4990.00 5900 4900 3000 4500 3000
Current Account (USD Million) -1134.00 550 -3200 -4350 -1200 -4400
Current Account to GDP (%) -0.77 -1.8 -1.8 -1.8 -1.6 -1.6
Imports (USD Million) 13130.00 18000 18100 18000 19000 22000
Exports (USD Million) 18120.00 23900 23000 24000 23500 25000
Terms of Trade (Index Points) 104.00 110 110 110 110 109
Foreign Direct Investment (USD Million) 8399.61 4400 7374 4300 7100 4500
Crude Oil Production (BBL/D/1K) 2769.00 2900 2900 2900 2900 3000
Tourist Arrivals (Thousand) 6589.00 6650 6750 6750 6750 6750
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) 103641.04 106137 120710 151392 105921 155328
Government Debt (BRL Million) 5336549.58 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) 58.40 62.7 63.5 64.6 64.6 65
Services PMI (Index Points) 52.70 51.9 50.9 51.1 50.4 50.7
Manufacturing PMI 52.80 51.6 51 50.4 50 50
Composite Pmi (Index) 53.10 53.8 54 54.2 54.4 54.6
Industrial Production (%) 2.00 2.2 1.4 3.3 3 2.1
Industrial Production Mom (%) 0.70 0.7 0.4 0.8 0.6 1.3
Manufacturing Production (%) 3.80 1.2 2.4 2.3 2 1.6
Car Production (Units) 240546.00 245000 260000 255000 260000 265000
Car Registrations (Thousand) 209.00 210 218 220 225 240
Leading Economic Index (%) -0.73 0.5 0.3 0.8 -0.1 1
Mining Production (%) -9.90 1.6 1.8 1.4 1.2 1.2
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 114.30 117 118 120 124 118
Retail Sales MoM (%) 0.00 0.1 0.3 0.7 0.5 1
Retail Sales YoY (%) 3.90 3.3 1.08 2.5 2.2 2.1
Consumer Spending (BRL Million) 1157083.52 1078810 1115793 1180225 1182539 1210911
Bank Lending Rate (%) 53.15 53.15 53.15 53.15 54.15 54.15
Gasoline Prices (USD/Liter) 1.11 1.03 1.01 0.98 0.96 0.96
Housing Actual Q2 Q3 Q4 Q1 2020
Housing Index (Index Points) 129.40 130 129 129 130 130


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.