The city on the beach in Brazil

Brazil Retail

Brazil Retail

Retail Sales in Brazil

Over the past decade to 2022, Brazil's economy recorded an average growth rate of 0.6% in retail sales, which is below the 1.7% average for Latin America. In 2022, the growth rate of retail sales was 1.0%.

Brazil Retail Chart

Note: This chart displays Retail Sales (ann. var. %) for Brazil from 2014 to 2023.
Source: IBGE.

Brazil Retail Data

2019 2020 2021 2022 2023
Retail Sales (ann. var. %) 1.8 1.2 1.4 1.0 1.7
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Brazilian retail projections for the next ten years from a panel of 8 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 retail forecast available for Brazilian retail.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Brazilian retail projections.

Want to get access to the full dataset of Brazilian retail forecasts? Send an email to info@focus-economics.com.

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Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

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