Nominal GDP for Brazil was $2,188bn in 2024, down from $2,191bn in 2023. The Brazilian population was estimated at 212.0m in 2024 according to the IMF, while China is Brazil’s biggest trading partner.
Variables Surveyed for Brazil
Variables covered in our monthly analysis of Brazil include:
- Gross Domestic Product
- Household Consumption
- Gross Fixed Investment
- Industrial Production
- Consumer Prices
- Nominal Average Income
- Nominal Public Sector Borrowing Requirement
- Merchandise Exports
- Merchandise Imports
- Trade Balance
- Current Account Balance
- Interest Rates
- Foreign Currency Reserves
- Real Currency Forecasts
- Country Risk Indicators
- Monthly Inflation Forecasts
- Monetary Policy Evaluation
Consensus Forecasts for Brazil
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the IMF, the ECLAC and OECD. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.
Source: Latin American Consensus Forecasts, September 2022
Special Surveys
In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Brazil on topics such as:- Quarterly Forecasts
- Long-Term 5 and 10 Year Forecasts
- Economic Policy Evaluation, and
- Sectoral Growth and Foreign Direct Investment
Main Data Sources for Brazil
- Brazilian Institute of Geography and Statistics: The Brazilian Institute of Geography and Statistics is the agency responsible for official collection of statistical, geographic, cartographic, geodetic and environmental information in Brazil.
- Central Bank of Brazil: The Banco Central do Brasil is the principal monetary authority of the country.
Comprehensive Forecasts Coverage
Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.Explore forecasts across Latin America
Alongside this country forecast, explore the other economies covered by our Latin America forecast publication.