Source: world bank Nominal/PPP
Summary:
Brazil GDP Per Capita expanded from 1960 to 2024, increasing from $17.03 to $2,185.82 .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)
From 1960 to 2024, Brazil economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- 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%.