Private Sector Credit in Brazil increased to 3212735 BRL Million in November from 3179128 BRL Million in October of 2019. Private Sector Credit in Brazil averaged 1027573.36 BRL Million from 1988 until 2019, reaching an all time high of 3212735 BRL Million in November of 2019 and a record low of 0 BRL Million in July of 1988.
Private Sector Credit in Brazil is expected to be 3200000.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Brazil to stand at 3290000.00 in 12 months time. In the long-term, the Brazil Private Sector Credit is projected to trend around 3420000.00 BRL Million in 2020, according to our econometric models.