Brazil GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Brazil's GDP changed from approximately $145B 819M in 1980 to $2T 331B in 2024, showing an overall 1498.8% sharply increased during the period.
The lowest GDP was recorded in 1984 at $142B 957M, and the highest in 2011 at $2T 614B.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.5%.
For comparison, the average annual growth rate of Argentina was 2.2%, and that of Mexico was 4.9%.

Overview of Brazil's GDP (1980–2024)

The Gross Domestic Product (GDP) of Brazil recorded a 1498.8% sharply increased from 1980 to 2024.
The average GDP during this period was $1T 99B, and the median was $851B 146M.
GDP fluctuated within a range of $2T 471B, with a standard deviation of $806B 61M.
The average annual change was $54B 613M.


Brazil GDP from 1980 to 2024

The total market value of goods and services produced annually in Brazil.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1984, $142B 957M
    • Highest GDP: 2011, $2T 614B
    • Most Recent GDP: 2024, $2T 331B

    Notable Annual GDP Changes

    • 2010: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Brazil's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $1T 873B → $1T 476B
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $1T 397B → $1T 669B
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $655B 454M → $559B 982M
    • Outcome: sharply declined

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $883B 862M → $864B 307M
    • Outcome: declined

    Key Economic Indicators of Brazil (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 145B 819M
    $ 1,203.62
    $ 4,709.26
    $ 570B 530M
    9.19 %
    -8.783 %
    18.34 %
    0 %
    121M 151K people
    1981
    $ 167B 583M
    $ 1,353.02
    $ 4,820.27
    $ 597B 32M
    -4.4 %
    -7.003 %
    18.96 %
    0 %
    123M 858K people
    1982
    $ 179B 166M
    $ 1,415.34
    $ 5,037.58
    $ 637B 700M
    0.596 %
    -9.104 %
    15.63 %
    0 %
    126M 589K people
    1983
    $ 143B 652M
    $ 1,110.69
    $ 4,949.47
    $ 640B 141M
    -3.4 %
    -4.759 %
    13.54 %
    0 %
    129M 335K people
    1984
    $ 142B 957M
    $ 1,082.23
    $ 5,287.48
    $ 698B 446M
    5.307 %
    0.028 %
    14.43 %
    0 %
    132M 94K people
    1985
    $ 226B 938M
    $ 1,682.79
    $ 5,765.01
    $ 777B 459M
    7.901 %
    -0.1 %
    18.38 %
    0 %
    134M 858K people
    1986
    $ 263B 255M
    $ 1,913.31
    $ 6,199.13
    $ 852B 948M
    7.544 %
    -2.147 %
    17.35 %
    0 %
    137M 592K people
    1987
    $ 286B 539M
    $ 2,042.86
    $ 6,456.11
    $ 905B 558M
    3.601 %
    -0.501 %
    22.28 %
    0 %
    140M 264K people
    1988
    $ 320B 105M
    $ 2,240.53
    $ 6,579.18
    $ 939B 971M
    0.264 %
    1.304 %
    24.54 %
    0 %
    142M 870K people
    1989
    $ 439B 434M
    $ 3,021.97
    $ 6,932.61
    $ 1T 8B
    3.2 %
    0.235 %
    25.52 %
    0 %
    145M 413K people
    1990
    $ 455B 335M
    $ 3,108.81
    $ 6,842.69
    $ 1T 2B
    -4.168 %
    -0.831 %
    19.76 %
    0 %
    146M 466K people
    1991
    $ 399B 249M
    $ 2,717.51
    $ 7,125.15
    $ 1T 46B
    1.031 %
    -0.352 %
    19.84 %
    0 %
    146M 917K people
    1992
    $ 382B 465M
    $ 2,561.12
    $ 7,136.10
    $ 1T 65B
    -0.467 %
    1.607 %
    20.94 %
    0 %
    149M 335K people
    1993
    $ 429B 184M
    $ 2,828.45
    $ 7,524.91
    $ 1T 141B
    4.665 %
    -0.138 %
    21.15 %
    0 %
    151M 738K people
    1994
    $ 546B 764M
    $ 3,547.02
    $ 7,969.05
    $ 1T 228B
    5.334 %
    -0.307 %
    21.83 %
    0 %
    154M 147K people
    1995
    $ 770B 860M
    $ 4,923.87
    $ 8,364.78
    $ 1T 309B
    4.417 %
    -2.427 %
    14.87 %
    0 %
    156M 556K people
    1996
    $ 851B 146M
    $ 5,281.68
    $ 8,457.84
    $ 1T 362B
    2.209 %
    -2.801 %
    14.47 %
    0 %
    161M 151K people
    1997
    $ 883B 862M
    $ 5,399.97
    $ 8,758.33
    $ 1T 433B
    3.395 %
    -3.636 %
    14.13 %
    0 %
    163M 679K people
    1998
    $ 864B 307M
    $ 5,199.45
    $ 8,750.34
    $ 1T 454B
    0.338 %
    -4.049 %
    14.12 %
    0 %
    166M 230K people
    1999
    $ 599B 642M
    $ 3,567.63
    $ 8,817.65
    $ 1T 482B
    0.468 %
    -4.467 %
    12.92 %
    0 %
    168M 79K people