Nominal GDP for Brazil was R$8680bn in 2021, down from R$7468 in 2020. The Brazilian population was estimated at 214.3m in 2021 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 hard copy and pdf version of the publication, we also show selected “comparison forecasters”  including the IMF,  the ECLAC and OECD. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Latin American Conensus 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:

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 should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.