Brazil real GDPBrazil real GDPBrazil real GDP

Brazil real GDP

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Q4 2023
Highest
‪329.40 B‬BRLSep 30, 2023
Lowest
‪170.92 B‬BRLMar 31, 1996

About Brazil real GDP

Category
GDP
Frequency
Quarterly
Units
BRL

Frequently Asked Questions

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Brazil real GDP was 321.781 B BRL, and the quarter before that it reached 329.396 B BRL.