Browse additional economic indicators and data sets


Includes historical data for Brazil’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

A Commodities Export-Driven Economy

A powerhouse in Latin America, Brazil is also one of the top 10 economies in the world by gross domestic product. Its strength is largely based on the export of raw commodities such as soybeans, sugarcane, coffee, iron and crude petroleum. Along with finance, real estate and services, other key industries include automobile manufacturing, renewable energy and construction.

Foreign investors enjoy equal legal rights as domestic investors across most economic sectors. As a result, in recent years, the country has received over half of Latin America’s total FDI inflows. Weaknesses include the state’s involvement in many areas of the economy, a high level of public debt and cumbersome bureaucracy.

Macroeconomy & Sovereign Data

Type of Government Federal Presidential Republic
Capital Brasilia
Sovereign Ratings S&P: CCC+
Moody’s: Caa1
Fitch: CCC
Total Population 205.4 million
Median Age 34.0
Adult Per Capita Income (PPP) 22,707.10
Total GDP (2023) 2.3 trillion

Brazil GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 241.7 billion (2023)
Leading Exports Iron
Crude Petroleum
Poultry Meats
Total Imports USD 374.4 billion (2022)
Leading Imports Refined Petroleum
Vehicle Parts
Crude Petroleum
Integrated Circuits
Source: World Integrated Trade Solution

Brazil Leading Companies

Petrobras Oil & Gas Exploration & Production
Vale Metals & Mining, Iron & Steel Producers
Ambev Consumer Staples, Brewers
JBS Foods Consumer Staples, Meat Processors
Cielo Financials
Itaú Unibanco Financials

Major Trade Partners — Import

China 23%
United States 18%
Argentina 5%
Germany 5%
India 3%

Major Trade Partners — Export

China 31%
United States 11%
Argentina 4%
Netherlands 3%
Chile 3%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000