๐ Brazil Countries Intelligence
Brazil's economy is estimated to have grown +1.9% in 2026, with inflation at 4.0% and unemployment at 6.8%. Government debt stands at 96.5% of GDP, and the budget balance is -7.7% of GDP.
Economic Indicators
GDP (nominal)
$2.64tn
2026 est.
GDP Growth
+1.9%
2026 est.
Inflation Rate
4.0%
2026 est.
Interest Rate
14.0%
2026 est.
Jobless Rate
6.8%
2026 est.
Gov. Budget Balance
-7.7%
2026 est.
Debt / GDP
96.5%
2026 est.
Current Account
-2.7%
2026 est.
Population
214.1M
2026 est.
Main Economic Activity
Services 59.7%
2025, % of GDP
Agriculture
6.1%
Manufacturing
11.8%
Services
59.7%
Natural resource rents
7.9%
Source: World Bank Open Data (value added / resource rents, % of GDP). Agriculture, Manufacturing and Services are named sub-categories; Natural resource rents (gold bar) is a separate accounting concept that overlaps with the others rather than adding to 100% of GDP.
Sovereign Credit Ratings
S&P
BB
Fitch
BB
Moody's
Ba1
Source: Wikipedia โ List of countries by credit rating. NR = not rated by that agency.
โก 6 Effects Interpreter โ Synthesis
๐World Economy
- โถBrazil's growth trend feeds modestly into regional trade flows.
- โถBrazil's external balance stays close to equilibrium.
๐๏ธLocal Economy
- โถThe local jobs market sits close to its long-run average.
- โถInflation is running at a moderate, manageable pace.
๐ฆRates & Banks
- โถThe benchmark lending rate sits near 14.0%, shaping the cost of mortgages and business loans.
- โถHigh public debt limits room for future tax cuts or rate relief.
โค๏ธHealth
- โถNo unusual macro-driven health strain is implied by the current data.
- โถPublic-health funding is shaped by the government budget balance shown above.
๐ทWealth
- โถSavings are keeping pace reasonably well with the cost of living.
- โถA large budget deficit raises the medium-term risk of future tax rises.
๐ Housing
- โถElevated interest rates make new mortgages notably more expensive.
- โถHousing demand broadly tracks the pace of overall economic growth.
Synthesis generated by the News Effects 6 Effects Interpreter's rule-based engine from the real indicators above. Indicators: IMF DataMapper & World Bank Open Data.