Brazil’s GDP will grow 0.5% in the second quarter of 2026.

Brazil's Gross Domestic Product (GDP) grew 0.5% in the second quarter of 2026 compared to the previous three months, the Brazilian Institute of Geography and Statistics (IBGE) reported on Tuesday morning (1st). The result was slightly above market expectations, which pointed to a 0.4% increase. Individually among the economic sectors, Agriculture grew 2.8%, Services advanced 0.2% and Industry expanded 0.1% on the same comparative basis. According to IBGE, the GDP totaled R$ 3.4 trillion in the second quarter of 2026, with R$ 2.9 trillion referring to Value Added at basic prices and R$ 487.9 billion to Taxes on Products net of Subsidies. During the same period, the investment rate was 16.1% of GDP, below the 16.6% of the second quarter of 2025. The savings rate was 16.6%, exceeding the 16.5% of the same quarter of 2025. Compared to the second quarter of 2025, the Brazilian economy grew by 2.0%, with growth in Agriculture (6.8%), Industry (1.5%), and Services (1.5%).

This text was translated by machine from Brazilian Portuguese.