Brazil had the 7th largest growth among 26 countries

Brazil’s GDP grew by 3.2% compared to the same quarter of 2021, according to the Brazilian Institute of Geography and Statistics, IBGE, totaling R$ 2.4 trillion in current values. Austin Rating agency reports that Brazil had the 7th largest growth among the 26 countries analyzed.

In relation to the previous quarter, growth was 1.2% in the seasonally adjusted series. Totaling the four quarters ending in June 2022, the GDP grew 2.6%, compared to the four previous quarters. In the year, the GDP accumulates a high of 2.5%.