National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Brazil
Brazilian Real, Annual
NAEXKP01BRA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,256,993,647,400.00
Year-over-Year Change
11.53%
Date Range
1/1/1996 - 1/1/2022
Summary
The Brazilian Real, Annual trend measures the annual average exchange rate between the Brazilian real and the U.S. dollar. This key economic indicator provides insights into Brazil's international trade and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Brazilian Real, Annual trend represents the average annual exchange rate between the Brazilian real and the U.S. dollar. This metric is widely used by economists, policymakers, and international businesses to analyze Brazil's economic performance, trade flows, and currency valuation relative to major global currencies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The Brazilian Real, Annual trend is a critical input for assessing Brazil's macroeconomic conditions and competitiveness in global markets.
Key Facts
- The Brazilian real has depreciated significantly against the U.S. dollar over the past decade.
- Brazil is a major global exporter of commodities, including oil, soybeans, and iron ore.
- Currency fluctuations impact the competitiveness of Brazil's exports and imports.
FAQs
Q: What does this economic trend measure?
A: The Brazilian Real, Annual trend measures the average annual exchange rate between the Brazilian real and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Brazil's international trade, competitiveness, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The Brazilian Real, Annual trend is a key input for economists, policymakers, and businesses analyzing Brazil's economic performance and trade dynamics.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve with minimal delays, providing timely insights into the Brazilian real's performance.
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Citation
U.S. Federal Reserve, Brazilian Real, Annual (NAEXKP01BRA652S), retrieved from FRED.