Brasil PIB Taxa De Crescimento Anual

Brazil's GDP grew 4.0% from the previous year in Q3 2024, driven by a 3.7% increase in value-added activity and a 6.4% rise in net product taxes. While agriculture contracted (-0.8%) due to lower production of key crops like corn (-11.9%) and oranges (-14.9%), industry expanded by 3.6%, led by construction (+5.7%) and manufacturing (+4.2%), supported by automotive production and other key sectors. Services grew 4.1%, with information and communication (+7.8%) and other services (+6.4%) showing strong growth. Household consumption rose 5.5%, driven by government programs and labor market improvements, while government spending increased 1.3%. Investment surged 10.8%, reflecting higher capital goods production, software development, and construction activity. Externally, exports increased 2.1%, led by food products and chemicals, while imports jumped 17.7%, with strong growth in chemicals, machinery, and vehicles.