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Brazil GDP

Brazil's GDP fell to $2.18 trillion in 2024, down from $2.19 trillion in 2023, according to World Bank. This represents a decrease of 0.5% ($11.72 billion) from the previous year and accounts for 1.96% of the world's total GDP. Brazil has the 10th highest GDP. Within Americas, it ranks 3rd out of 44 countries.

Brazil's GDP per capita rose to $9,564.58 in 2024, up from $9,288.03 in 2023.

Yearly Historical Data (1960-2024)

(in Trillion USD)
Year GDP (Trillion USD)
2024 2.18
2023 2.19
2022 1.95
2021 1.67
2020 1.48
2019 1.87
2018 1.92
2017 2.06
2016 1.8
2015 1.8
2014 2.46
2013 2.47
2012 2.47
2011 2.62
2010 2.21
2009 1.67
2008 1.7
2007 1.4
2006 1.11
2005 0.89
2004 0.67
2003 0.56
2002 0.51
2001 0.56
2000 0.66
1999 0.6
1998 0.86
1997 0.88
1996 0.85
1995 0.77
1994 0.53
1993 0.37
1992 0.33
1991 0.34
1990 0.38
1989 0.41
1988 0.31
1987 0.28
1986 0.26
1985 0.21
1984 0.19
1983 0.19
1982 0.27
1981 0.26
1980 0.24
1979 0.22
1978 0.2
1977 0.18
1976 0.15
1975 0.13
1974 0.11
1973 0.08
1972 0.06
1971 0.05
1970 0.04
1969 0.04
1968 0.03
1967 0.03
1966 0.03
1965 0.02
1964 0.02
1963 0.02
1962 0.02
1961 0.02
1960 0.02
Brazil GDP : Definition
GDP measures the total value of all goods and services produced in Brazil, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.4% 3.24% 2024
GDP Growth Rate (QoQ) 0.4% 1.4% Jun'25
GDP Growth Rate (YoY) 2.2% 2.9% Jun'25
GDP per Capita $9,564.58 $9,288.03 2024
GDP per Capita PPP $19,647.91 $19,079.81 2024
R&D Expenditure (% GDP) 1.15% 1.21% 2020
Real GDP $2.03T $1.96T 2024