Markets Actual Q1 Q2 Q3 Q4 2020
Currency 3.75 3.93 3.98 4.03 4.08 4.19
Stock Market (points) 96009.77 86047 84460 82908 81383 78413
Government Bond 10Y (%) 9.04 9.34 9.49 9.64 9.8 10.11
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.80 0.4 0.6 1 0.8 0.8
GDP Annual Growth Rate (%) 1.30 1.4 1.6 1.8 2.4 2.6
Unemployment Rate (%) 11.60 11.4 11.3 11 10.8 11.1
Inflation Rate (%) 3.75 3.4 3.7 3.9 4.3 4.2
Inflation Rate Mom (%) 0.15 0.2 1 0.6 0.3 0.2
Interest Rate (%) 6.50 6.5 6.5 6.75 7.25 8
Balance of Trade (USD Million) 6639.00 7000 5900 4900 6000 3000
Current Account (USD Million) -795.30 -4100 550 -3200 -4350 -4400
Current Account to GDP (%) -0.48 -1.4 -1.4 -1.4 -1.4 -1.5
Government Debt to GDP (%) 74.04 80 80 80 80 82
Government Budget (% of GDP) -7.80 -7.9 -7.9 -7.9 -7.9 -7.6
Business Confidence (Index Points) 63.80 64.3 64.7 64.5 64.6 65
Services PMI (Index Points) 51.90 52.7 52.9 52.6 52.8 53.5
Manufacturing PMI 52.60 52.7 52.3 53 53.3 53
Consumer Confidence (Index Points) 114.30 116 117 118 120 118
Retail Sales MoM (%) 2.90 0.6 0.1 0.3 0.7 1
Corporate Tax Rate (%) 34.00 34 34 34 34 34
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.80 0.4 0.6 1 0.8 0.8
GDP Annual Growth Rate (%) 1.30 1.4 1.6 1.8 2.4 2.6
GDP (USD Billion) 2055.51 2200 2200 2200 2200 2350
GDP Constant Prices (BRL Million) 299801.42 291608 295636 302500 306997 314979
Gross National Product (BRL Million) 1683526.19 1632258 1673248 1697836 1722247 1763581
Gross Fixed Capital Formation (BRL Million) 289187.77 251516 259367 291646 295839 302939
GDP per capita (USD) 10888.98 11500 11500 11500 11500 11730
GDP per capita PPP (USD) 14103.45 14500 14500 14500 14500 16500
GDP From Agriculture (BRL Million) 18536.14 24249 22249 18694 18962 19418
GDP From Construction (BRL Million) 14111.61 13815 13685 14352 14436 14783
GDP From Manufacturing (BRL Million) 32190.11 28326 29496 32464 32930 33721
GDP From Mining (BRL Million) 2698.68 2485 2610 2745 2761 2827
GDP From Public Administration (BRL Million) 40058.08 39874 40322 40739 40979 41963
GDP From Services (BRL Million) 180834.92 174772 177816 182372 184994 189434
GDP From Transport (BRL Million) 8823.74 8142 8264 8899 9027 9243
GDP From Utilities (BRL Million) 6412.20 6749 6696 6467 6560 6717
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 11.60 11.4 11.3 11 10.8 11.1
Unemployed Persons (Million ) 12.21 12.3 12.3 12.25 12.15 12
Labour Costs (Index Points) 105.58 90 95 100 100 115
Wages (BRL/Month) 2238.00 2240 2220 2250 2320 2370
Minimum Wages (BRL/Month) 998.00 998 998 998 998 1050
Population (Million) 207.66 210 210 210 210 212
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (BRL/Month) 2360.00 2450 2450 2450 2450 2550
Living Wage Individual (BRL/Month) 1390.00 1500 1500 1500 1500 1550
Non Farm Payrolls (Thousand ) 58.66 45 -0.4 30 30 30
Productivity (Index Points) 105.58 90 95 100 100 115
Wages High Skilled (BRL/Month) 4730.00 4500 4500 4500 4500 4600
Wages In Manufacturing (BRL/Month) 2235.00 2280 2270 2250 2290 2340
Wages Low Skilled (BRL/Month) 1440.00 1400 1400 1400 1400 1450
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 3.75 3.4 3.7 3.9 4.3 4.2
Inflation Rate Mom (%) 0.15 0.2 1 0.6 0.3 0.2
Consumer Price Index CPI (Index Points) 5100.61 5119 5231 5279 5320 5543
Core Inflation Rate (%) 3.26 3.5 3.5 3.45 3.6 3.7
Producer Prices (Index Points) 754.37 817 876 911 890 1023
Export Prices (Index Points) 129.40 134 134 134 134 135
Import Prices (Index Points) 121.40 122 122 122 122 124
Food Inflation (%) 4.04 4.3 3.8 4.1 4.2 4
Producer Prices Change (%) 10.80 16 18 18 17 15
CPI Housing Utilities (Index Points) 8788.32 8639 8968 9197 9166 9551
CPI Transportation (Index Points) 4902.79 4943 5055 5113 5114 5328
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 6.50 6.5 6.5 6.75 7.25 8
Deposit Interest Rate (%) 8.51 8.51 8.51 8.51 8.51 8.51
Loan Growth (%) 1.10 0.4 0.5 0.32 0.5 0.5
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) 6639.00 7000 5900 4900 6000 3000
Current Account (USD Million) -795.30 -4100 550 -3200 -4350 -4400
Current Account to GDP (%) -0.48 -1.4 -1.4 -1.4 -1.4 -1.5
Imports (USD Million) 12917.00 17000 18000 18100 18000 22000
Exports (USD Million) 19556.00 24000 23900 23000 24000 25000
Terms of Trade (Index Points) 106.53 110 110 110 110 109
Foreign Direct Investment (USD Million) 10273.94 3700 4400 7374 4300 4500
Remittances (USD Million) 207.00 210 209 195 205 215
Crude Oil Production (BBL/D/1K) 2522.00 2920 2900 2900 2900 3000
Weapons Sales (USD Million) 45.00 75 75 75 75 70
Tourist Arrivals (Thousand) 6589.00 6750 6650 6750 6750 6750
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 74.04 80 80 80 80 82
Government Budget (% of GDP) -7.80 -7.9 -7.9 -7.9 -7.9 -7.6
Government Budget Value (BRL Million) -50631.00 -52000 -51500 -54000 -53000 -55000
Government Spending (BRL Million) 115583.12 115702 106223 121673 118242 121079
Government Revenues (BRL Million) 119420.36 127000 129000 124000 125000 130000
Military Expenditure (USD Million) 25751.34 21968 21968 21968 21968 22000
Government Debt (BRL Million) 5284132.65 5392112 5482798 5571938 5659558 5995350
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 34.00 34 34 34 34 34
Personal Income Tax Rate (%) 27.50 27.5 27.5 27.5 27.5 27.5
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 39.80 39.8 39.8 39.8 39.8 39.8
Social Security Rate For Companies (%) 28.80 28.8 28.8 28.8 28.8 28.8
Social Security Rate For Employees (%) 11.00 11 11 11 11 11
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 63.80 64.3 64.7 64.5 64.6 65
Services PMI (Index Points) 51.90 52.7 52.9 52.6 52.8 53.5
Manufacturing PMI 52.60 52.7 52.3 53 53.3 53
Composite Pmi (Index) 52.40 53.6 53.8 54 54.2 54.6
Industrial Production (%) -0.90 3.3 3 1.4 3.3 2.1
Industrial Production Mom (%) 0.10 -1.2 0.7 0.4 0.8 1.3
Manufacturing Production (%) -1.50 1.2 3 2.4 2.3 1.6
Car Production (Units) 177700.00 250000 245000 260000 255000 265000
Car Registrations (Thousand) 235.00 215 210 218 220 240
Leading Economic Index (%) 0.29 -0.2 2.3 0.3 1 0.6
Mining Production (%) 3.30 -1.3 1.6 1.8 1.4 1.2
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 114.30 116 117 118 120 118
Retail Sales MoM (%) 2.90 0.6 0.1 0.3 0.7 1
Retail Sales YoY (%) 4.40 1.04 3.3 1.08 2.5 2.1
Consumer Spending (BRL Million) 1105840.80 1066599 1075064 1115240 1131275 1158426
Bank Lending Rate (%) 51.57 51.57 51.57 51.57 51.57 51.57
Gasoline Prices (USD/Liter) 1.12 1.09 1.07 1.04 1.02 1.02
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (Index Points) 129.10 129 129 129 129 127


This page has economic forecasts for Brazil including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Brazil economy.