The country’s economy grew last year compared to 2021, mainly driven by services and industry. Agriculture was down.
Browsing: PIB do Brasil
The Ministry of Economy increased the forecast for Brazilian GDP growth in 2022, from 2% in the July estimate to 2.7%.
Brazil’s GDP fell in comparison to the previous three months. Still, there was a 4% increase compared to 2020, the year in which the pandemic hampered economic activity.
The International Monetary Fund expects the Brazilian GDP to shrink by 5.8% this year. The former forecast had been 9.1%.
Financial market increased its projection for Brazilian economy growth from 0.81% to 0.83%.
Brazilian financial institutions see the economy growing by 0.82% in 2019, down from last week’s 0.85% estimate.
Minutes of its Monetary Policy Committee (COPOM)’s latest meeting show estimates for the Brazilian economy in Q2.
