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Brazil's economy has achieved five consecutive years of growth
The Brazilian Institute of Geography and Statistics (IBGE) released a report on March 3rd stating that Brazil’s Gross Domestic Product (GDP) in 2025 will be 12.7 trillion reais (approximately $2.42 trillion USD, with 1 USD ≈ 5.25 reais), representing a 2.3% increase from the previous year. This marks the fifth consecutive year of economic growth in Brazil.
IBGE official Rebeca Palis stated that agriculture, mining, information and communication, and other service sectors are less affected by tight monetary policies (high interest rates) and will make significant contributions to GDP growth in 2025.
According to the statistics, Brazil’s agricultural output will grow by 11.7% in 2025, with record-high yields in corn and soybeans; industrial output will increase by 1.4%, with oil and natural gas extraction rising by 8.6%; additionally, the service sector will grow by 1.8%.
The report also shows that Brazil’s per capita GDP in 2025 will reach 59,687.49 reais, a real increase of 1.9% from the previous year. (CCTV News)