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Brazil Business Confidence

Brazil's business confidence rose to 47.2 points in October 2025, the highest in three months. This is a 2.2% increase from September 2025's 46.2 points. The Central Bank of Brazil held its Selic rate at 15.00% through September and July 2025. Inflation expectations for 2025 were approximately 4.8% in September 2025, remaining above the target. Brazil's record low business confidence was 34.5 points in April 2020 and record high was 65.3 points in January 2020.

Monthly Historical Data (2015-2025)

(in points)
Month Business Confidence (points)
Oct 2025 47.2
Sep 2025 46.2
Aug 2025 46.1
Jul 2025 47.3
Jun 2025 48.6
May 2025 48.9
Apr 2025 48
Mar 2025 49.2
Feb 2025 49.1
Jan 2025 49.1
Dec 2024 50.1
Nov 2024 52.6
Oct 2024 53.2
Sep 2024 53.3
Aug 2024 51.7
Jul 2024 50.1
Jun 2024 51.4
May 2024 52.2
Apr 2024 51.5
Mar 2024 52.8
Feb 2024 52.7
Jan 2024 53.2
Dec 2023 51
Nov 2023 50.4
Oct 2023 50.5
Sep 2023 51.9
Aug 2023 53.2
Jul 2023 51.1
Jun 2023 50.4
May 2023 49.2
Apr 2023 48.8
Mar 2023 49.9
Feb 2023 50.6
Jan 2023 48.6
Dec 2022 50.8
Nov 2022 51.7
Oct 2022 60.2
Sep 2022 62.8
Aug 2022 59.8
Jul 2022 57.8
Jun 2022 57.8
May 2022 56.5
Apr 2022 56.8
Mar 2022 55.4
Feb 2022 55.8
Jan 2022 56
Dec 2021 56.7
Nov 2021 56
Oct 2021 57.8
Sep 2021 58
Aug 2021 63.2
Jul 2021 62
Jun 2021 61.7
May 2021 58.5
Apr 2021 53.7
Mar 2021 54.4
Feb 2021 59.5
Jan 2021 60.9
Dec 2020 63.1
Nov 2020 62.9
Oct 2020 61.8
Sep 2020 61.6
Aug 2020 57
Jul 2020 47.6
Jun 2020 41.2
May 2020 34.7
Apr 2020 34.5
Mar 2020 60.3
Feb 2020 64.7
Jan 2020 65.3
Dec 2019 64.3
Nov 2019 62.5
Oct 2019 59.3
Sep 2019 59.5
Aug 2019 59.4
Jul 2019 57.1
Jun 2019 56.9
May 2019 56.5
Apr 2019 58.4
Mar 2019 62
Feb 2019 64.6
Jan 2019 64.6
Dec 2018 63.9
Nov 2018 63.4
Oct 2018 53.7
Sep 2018 52.9
Aug 2018 53.3
Jul 2018 50.2
Jun 2018 49.7
May 2018 55.5
Apr 2018 56.9
Mar 2018 59.1
Feb 2018 58.9
Jan 2018 59
Dec 2017 58.2
Nov 2017 56.6
Oct 2017 56
Sep 2017 55.7
Aug 2017 52.8
Jul 2017 50.6
Jun 2017 51.9
May 2017 53.7
Apr 2017 53.3
Mar 2017 54
Feb 2017 53.3
Jan 2017 50.3
Dec 2016 48
Nov 2016 51.9
Oct 2016 52.5
Sep 2016 53.9
Aug 2016 51.7
Jul 2016 47.4
Jun 2016 45.8
May 2016 41.4
Apr 2016 37
Mar 2016 37.4
Feb 2016 37.2
Jan 2016 36.6
Dec 2015 36
Nov 2015 36.6
Oct 2015 35.1

Recent Events

datetime event actual previous consensus
2025-10-13 01:00 PM Business Confidence (Oct) 47.2 46.2 -
2025-09-11 10:00 AM Business Confidence (Sep) 46.2 46.1 -
2021-02-19 09:30 AM Business Confidence (Feb) 59.5 60.9 -

Next Release Date :

Brazil Business Confidence : Definition
Brazil business confidence gauges the optimism of Brazilian companies about economic conditions. It is calculated from surveys assessing current business activity and future expectations for production orders and employment. A reading above 50 generally signals positive sentiment or expected growth while a reading below 50 indicates negative sentiment or expected contraction.