National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Brazil
Annual
BRAGDPDEFAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.26
Year-over-Year Change
132.33%
Date Range
1/1/1996 - 1/1/2022
Summary
This annual series measures the GDP deflator, a key metric of overall price changes in Brazil's economy. It is a crucial indicator for economists and policymakers to monitor inflation and make informed decisions.
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 GDP deflator is a comprehensive measure of the price level of all goods and services that make up Brazil's gross domestic product. It is used to adjust nominal GDP for inflation, providing a more accurate picture of real economic growth.
Methodology
The data is calculated by the Brazilian Institute of Geography and Statistics (IBGE) based on national accounts data.
Historical Context
Policymakers at Brazil's central bank and finance ministry closely track the GDP deflator to guide monetary and fiscal policies.
Key Facts
- The GDP deflator measures overall price changes in the Brazilian economy.
- It is used to adjust nominal GDP figures for inflation.
- Policymakers rely on the GDP deflator to guide monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: The GDP deflator measures the overall price level of goods and services that make up Brazil's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: The GDP deflator is a crucial indicator for economists and policymakers to monitor inflation and make informed decisions about the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Brazilian Institute of Geography and Statistics (IBGE) based on national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers at Brazil's central bank and finance ministry closely track the GDP deflator to guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The GDP deflator data is published annually by the IBGE, with some delay relative to the reference year.
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Citation
U.S. Federal Reserve, BRAGDPDEFAISMEI (Annual), retrieved from FRED.