Americas · World Bank + FRED data · updated Sep 28, 2026
Brazil economy forecast
For 2026 the model expects inflation of 5.2%, GDP growth of 2.5% and unemployment of 5.9% in Brazil.
Inflation
CPI, annual %
5.2%
2026 forecast
Latest · 2025: 5.0%▲ +0.2 pp
GDP growth
Annual %
2.5%
2026 forecast
Latest · 2025: 2.3%▲ +0.3 pp
Unemployment
% of labor force, ILO modeled
5.9%
2026 forecast
Latest · 2025: 6.0%■ 0.0 pp
GDP per capita
Current US$
$11,084
2026 forecast
Latest · 2025: $10,713▲ +3.5%
Population
Population, total
213.6M
2026 forecast
Latest · 2025: 212.8M▲ +0.4%
USD/BRL
BRL per 1 USD
5.1947
in 12 months
Last close · Sep 25, 2026: 5.1921■ 0.0%
Brazil at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 5.0% 2025 | 5.2% | 6.6% | 5.8% |
| GDP growth | 2.3% 2025 | 2.5% | 2.6% | 2.7% |
| Unemployment | 6.0% 2025 | 5.9% | 6.3% | 6.6% |
| GDP per capita | $10,713 2025 | $11,084 | $10,974 | $10,667 |
| Population | 212.8M 2025 | 213.6M | 214.5M | 215.4M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Americas
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.