Gross Domestic Product (YoY)
economic
Updated: 1 Dec, 12:00 pm UTC
Deviation
0.3999999999999999%
Consensus
3.7%
Previous
3.2%
Actual
3.6% Description
Source: Brazil
The Gross Domestic Product released by the Instituto Brasileiro de Geografia e Estatistica is a measure of the total value of all goods and services produced by Brazil. The GDP is considered as a broad measure of the Brazilian economic activity and health. A rising trend has a positive effect on the BRL, while a falling trend is seen as negative (or bearish ).