Brazil's economy is the largest in Latin America, driven by strong agriculture, abundant natural resources, and a diverse industrial base. Agribusiness plays a pivotal role, with major exports such as soybeans, beef, poultry, and coffee supporting global food supply chains. Manufacturing spans automobiles, steel, aerospace, and chemicals, while energy production benefits from vast hydroelectric capacity and growing offshore oil output. Despite issues like inequality, regulatory complexity, and fiscal constraints, Brazil continues pursuing reforms and investing in infrastructure, renewable energy, and technology to enhance productivity and growth prospects.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Brazil GDP statistics.