GDP is projected to grow 2,3% in 2025, driven by an 11,7% increase in the agricultural sector.

Record corn and soybean production boosts results; household consumption slows.

03.03.2026 | 14:12 (UTC -3)
Cultivar Magazine

Brazil's Gross Domestic Product (GDP) grew by 2,3% in 2025. In current values, it reached R$ 12,7 trillion. Agriculture led the growth among sectors, with an increase of 11,7%. Services grew by 1,8%. Industry registered 1,4%. GDP per capita reached R$ 59.687,49, with a real expansion of 1,9% compared to 2024.

Agriculture drove the annual result with increased production and productivity gains. Corn grew by 23,6%, and soybeans advanced by 14,6%. Both reached record levels in 2025. Livestock farming also contributed.

According to Rebeca Palis, coordinator of National Accounts at IBGE (Brazilian Institute of Geography and Statistics), Agriculture, Extractive Industries, Information and Communication, and Other Service Activities accounted for 72% of the Value Added volume in 2025. "Activities less affected by the contractionary monetary policy," she stated.

In the industrial sector, oil and gas extraction drove the result. Extractive industries grew by 8,6%. Construction varied by 0,5%. Electricity and gas, water, sewage and waste management declined by 0,4%. Manufacturing industries fell by 0,2%.

In the Services sector, all activities advanced. Information and communication grew by 6,5%. Financial activities rose by 2,9%. Transportation, storage, and postal services advanced by 2,1%. Other service activities and real estate activities grew by 2,0%. Trade varied by 1,1%. Public administration increased by 0,5%.

Household consumption increased by 1,3%, down from 5,1% in 2024. The slowdown reflected the effects of monetary policy. Government consumption grew by 2,1%. Gross fixed capital formation advanced by 2,9%, driven by imports of capital goods, software development, and construction.

The investment rate stood at 16,8% of GDP, compared to 16,9% in 2024. The savings rate reached 14,4%, above the 14,1% of the previous year.

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