Analysis by Region - Emerging Markets - Brazil

Analysis by Region - Emerging Markets - Brazil

Tightening global credit conditions from the banking turmoil in March have led us to cut our Brazilian growth forecasts for the tail end of 2023 and H1 2024. As a result, our 2024 Brazil GDP forecast is reduced by 0.5ppts to 1.9%, while this year's estimate is broadly unchanged at 0.5%.

Brazil: Growth forecast for 2024 cut amid tighter credit conditions
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Economic development
Structure of the economy
Balance of payments and structure of trade

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