Industrial Production in Brazil
The Brazilian economy recorded an average growth rate of -1.4% in industrial production in the decade to 2022, lower than the -0.3% average for Latin America. In 2022, Brazil's industrial production growth was -0.7%. For more industry information, visit our dedicated page.
Brazil Industry Chart
Brazil Industry Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | 0.8 | -1.1 | -4.7 | 4.2 | -0.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Brazilian industry projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Brazilian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Brazilian industry projections.
Want to get access to the full dataset of Brazilian industry forecasts? Send an email to info@focus-economics.com.
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