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Brazil GDP Growth Rate (QoQ)

Brazil's Quarter-over-Quarter GDP growth rate slowed to 0.4% in Q2 2025 from 1.4% in Q1 2025. High interest rates curbed private spending and investment. Household consumption growth softened. The agricultural sector contracted after driving growth in Q1. Brazil's record low GDP growth rate was -8.8% in Q2 2020 and record high was 7.9% in Q3 2020.

Quarterly Historical Data (1996-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 0.4%
Q1 2025 1.4%
Q4 2024 0.1%
Q3 2024 0.8%
Q2 2024 1.5%
Q1 2024 1%
Q4 2023 0.4%
Q3 2023 0.1%
Q2 2023 0.7%
Q1 2023 1.4%
Q4 2022 0.5%
Q3 2022 0.9%
Q2 2022 1.1%
Q1 2022 0.9%
Q4 2021 1.2%
Q3 2021 0.1%
Q2 2021 -0.6%
Q1 2021 1%
Q4 2020 3.7%
Q3 2020 7.9%
Q2 2020 -8.8%
Q1 2020 -2.2%
Q4 2019 0.8%
Q3 2019 0%
Q2 2019 0.6%
Q1 2019 0.3%
Q4 2018 -0.2%
Q3 2018 0.9%
Q2 2018 0%
Q1 2018 0.5%
Q4 2017 0.6%
Q3 2017 0.3%
Q2 2017 0.8%
Q1 2017 1%
Q4 2016 -0.1%
Q3 2016 -0.5%
Q2 2016 0.3%
Q1 2016 -1.4%
Q4 2015 -1%
Q3 2015 -1.6%
Q2 2015 -2.3%
Q1 2015 -0.8%
Q4 2014 0.5%
Q3 2014 0%
Q2 2014 -1.8%
Q1 2014 1.1%
Q4 2013 0.1%
Q3 2013 0.2%
Q2 2013 1.8%
Q1 2013 0.4%
Q4 2012 -0.1%
Q3 2012 1.9%
Q2 2012 1.5%
Q1 2012 -1.3%
Q4 2011 1%
Q3 2011 -0.2%
Q2 2011 0.7%
Q1 2011 1.6%
Q4 2010 1.4%
Q3 2010 0.9%
Q2 2010 0.9%
Q1 2010 2.4%
Q4 2009 2.6%
Q3 2009 2.4%
Q2 2009 1.5%
Q1 2009 -1.2%
Q4 2008 -3.7%
Q3 2008 1.2%
Q2 2008 2.5%
Q1 2008 1.1%
Q4 2007 1.5%
Q3 2007 1.1%
Q2 2007 1.5%
Q1 2007 1.9%
Q4 2006 1.3%
Q3 2006 1.6%
Q2 2006 0.2%
Q1 2006 1.6%
Q4 2005 1.5%
Q3 2005 -1.1%
Q2 2005 1.7%
Q1 2005 0.6%
Q4 2004 0.9%
Q3 2004 1.1%
Q2 2004 2.7%
Q1 2004 1.5%
Q4 2003 1.1%
Q3 2003 0.9%
Q2 2003 -1%
Q1 2003 -0.4%
Q4 2002 1.1%
Q3 2002 1%
Q2 2002 0.9%
Q1 2002 2.2%
Q4 2001 -0.3%
Q3 2001 -0.4%
Q2 2001 -0.5%
Q1 2001 0.2%
Q4 2000 1.3%
Q3 2000 1.3%
Q2 2000 1.3%
Q1 2000 1.1%
Q4 1999 1.4%
Q3 1999 0.1%
Q2 1999 0.3%
Q1 1999 0.3%
Q4 1998 -1.1%
Q3 1998 0.1%
Q2 1998 1.4%
Q1 1998 -1.8%
Q4 1997 0.8%
Q3 1997 1.1%
Q2 1997 0.9%
Q1 1997 0.9%
Q4 1996 -1%
Q3 1996 3.9%
Q2 1996 0.8%

Recent Events

datetime event actual previous consensus
2025-09-02 08:00 AM GDP Growth Rate QoQ (Q2) 0.4% 1.3% 0.3%
Brazil GDP Growth Rate (QoQ) : Definition
Brazil's Quarter-over-Quarter GDP growth rate indicates the percentage change in the nation's total economic output from one quarter to the next. It is calculated by comparing the current Gross Domestic Product (GDP) in Brazilian Reals against the previous quarter's GDP. GDP comprises household consumption, investment, government spending and net trade.
Indicator Last Value Prior Value Period
GDP $2.18T $2.19T 2024
GDP Annual Growth Rate 3.4% 3.24% 2024
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