Gross Domestic Product in U.S. Dollars for Brazil
BRANGDPD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,296,030,948,531.00
Year-over-Year Change
-6.83%
Date Range
1/1/2011 - 1/1/2024
Summary
The Gross Domestic Product in U.S. Dollars for Brazil measures the total value of all goods and services produced in Brazil, converted to U.S. dollars. It is a key indicator of the size and health of the Brazilian economy.
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
Gross Domestic Product (GDP) is the standard measure of a country's economic output and activity. The GDP in U.S. dollars for Brazil provides a consistent, internationally comparable metric to track Brazil's economic performance and role in the global economy.
Methodology
The data is calculated by the World Bank using national accounts data.
Historical Context
GDP in U.S. dollars is widely used by policymakers, investors, and analysts to evaluate Brazil's economic conditions and competitiveness.
Key Facts
- Brazil is the largest economy in Latin America.
- GDP in U.S. dollars for Brazil was over $1.5 trillion in 2021.
- Brazil's GDP per capita was approximately $7,000 in 2021.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product in U.S. Dollars for Brazil measures the total value of all goods and services produced in Brazil, converted to U.S. dollars.
Q: Why is this trend relevant for users or analysts?
A: GDP in U.S. dollars is a widely used metric to track the size and performance of the Brazilian economy, which is the largest in Latin America and an important player in the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: GDP in U.S. dollars is used by policymakers, investors, and analysts to evaluate Brazil's economic conditions, competitiveness, and role in the global economy.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Brazil
NAEXKP06BRQ652S
Use of Financial Services: Key Indicators, Loan Accounts with All Microfinance Institutions (MFIs) Per 1000 Adults for Brazil
BRAFCNODMFANUM
Number of Identified Exporters to Brazil from New Jersey
NJBRAA475SCEN
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Brazil
LFAC24TTBRM647S
Leading Indicators OECD: Component Series: Share Prices: Original Series for Brazil
BRALOCOSPORIXOBM
Number of Listed Companies for Brazil
DDOM01BRA644NWDB
Citation
U.S. Federal Reserve, Gross Domestic Product in U.S. Dollars for Brazil (BRANGDPD), retrieved from FRED.