Source: world bank Nominal/PPP
Summary:
Brazil GDP expanded from 1960 to 2024, increasing from $17.03 billion to $2,185.82 billion.The compound annual growth rate (CAGR) averaged 7.88% over the period. The economy recorded its peak level in 2011 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 43.58%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
Brazil Economic Phases (1960–2024)
Between 1960 to 2024, Brazil experienced the following economic phases:
- High Growth (1962–1963) indicating robust economic expansion
- High Growth (1965–1982) indicating robust economic expansion
- High Growth (1985–1989) indicating robust economic expansion
- High Growth (1993–1996) indicating robust economic expansion
- High Growth (2003–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Contraction (2018–2019) indicating temporary slowdown
- High Growth (2021–2023) indicating robust economic expansion
- Contraction (2024–2024) indicating temporary slowdown
The most remarkable growth occurred in 1995 with an increase of 46.436%, while the largest decline was in 1999 at -30.574%.