br Brazil 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$2.17 trillion

↑ 11.36% vs 2022
GDP per Capita

$10,294.87

↑ 10.92% vs 2022
GDP Growth (Annual %)

2.91%

↓ 0.11pp vs 2022
Inflation Rate (CPI %)

4.59%

↓ 4.69pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $1.95 trillion $2.17 trillion +11.36%
GDP per Capita $9,281.33 $10,294.87 +10.92%
GDP Growth (Annual %) 3.02% 2.91% -0.11pp
Inflation (CPI %) 9.28% 4.59% -4.69pp
Unemployment Rate (%) 9.23% 7.95% -1.28pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$2.17 trillion
GDP per Capita
$10,294.87
GDP Growth (Annual %)
2.91%
Gross National Income
$2.11 trillion
Prices & Employment
Inflation (CPI %)
4.59%
Inflation (GDP Deflator %)
4.66%
Unemployment Rate (%)
7.95%
Interest Rate (Real %)
37.21%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-1.29%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Brazil's Gross Domestic Product (GDP) is $2.17 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in Brazil for 2023 is $10,294.87. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Brazil for 2023 is 4.59%. This measures the annual percentage change in the cost of consumer goods and services.

Brazil's annual GDP growth rate for 2023 is 2.91%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Brazil for 2023 is 7.95%. This represents the percentage of the labor force that is unemployed and actively seeking employment.