Gross Domestic Product Per Capita for Brazil
PCAGDPBRA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,280.31
Year-over-Year Change
-17.90%
Date Range
1/1/1960 - 1/1/2024
Summary
The Gross Domestic Product (GDP) per capita for Brazil measures the country's economic output per person. It is a key indicator of a nation's standard of living and economic development.
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
GDP per capita for Brazil represents the total economic output of the country divided by its population. It is a commonly used metric to compare the relative prosperity of different nations and track a country's economic progress over time.
Methodology
The data is calculated by the World Bank using official national accounts statistics.
Historical Context
Policymakers and economists closely monitor Brazil's GDP per capita to assess the overall health of the Brazilian economy and inform economic policy decisions.
Key Facts
- Brazil's GDP per capita was $7,707 in 2020.
- GDP per capita in Brazil has grown by over 40% since 2000.
- Brazil has the 9th largest economy in the world by GDP.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product (GDP) per capita for Brazil measures the country's total economic output divided by its population, providing a gauge of average living standards.
Q: Why is this trend relevant for users or analysts?
A: GDP per capita is a key indicator of a nation's economic development and living standards, making it highly relevant for policymakers, investors, and economists analyzing the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official national accounts statistics from Brazil.
Q: How is this trend used in economic policy?
A: Policymakers in Brazil and around the world closely monitor the country's GDP per capita to assess the overall health of the Brazilian economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may not fully capture the impact of recent economic events in Brazil.
Related Trends
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BRAFCLODCGGDPPT
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for Brazil
BRAB6FAOI01CXCUQ
Use of Financial Services: Key Indicators, Outstanding Deposits from All Microfinance Institutions (MFIs) for Brazil
BRAFCLODMFGGDPPT
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Brazil
BRAB6FATT01CXCUQ
Real Exports of Goods and Services for Brazil
NXRSAXDCBRQ
Number of Identified Exporters to Brazil from New York
NYBRAA475SCEN
Citation
U.S. Federal Reserve, Gross Domestic Product Per Capita for Brazil (PCAGDPBRA646NWDB), retrieved from FRED.