Source: world bank Nominal/PPP
Summary:
Brazil GDP Per Capita expanded from 1960 to 2024, increasing from $235.27 to $10,310.55 .The compound annual growth rate (CAGR) averaged 6.08% over the period. The economy recorded its peak level in 2011 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 47.19%, 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 (1966–1979) indicating robust economic expansion
- High Growth (1985–1989) indicating robust economic expansion
- High Growth (1993–1996) indicating robust economic expansion
- Crisis (2001–2002) indicating severe economic downturn
- High Growth (2003–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Contraction (2012–2014) indicating temporary slowdown
- 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 44.2%, while the largest decline was in 1983 at -31.641%.