Loading page content
Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil GDP growth (annual %) fell to 2.91 Percentage (%) in January 2023
World BankYearlyReleased January 2023
Brazil GDP growth (annual %) fell to 2.91 Percentage (%) in January 2023, down 0.11 Percentage (%) from December's 3.02 Percentage (%) reading.
Latest Release
2.91
Latest (2023)
3.02
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth (Annual %) (Brazil) was reported at 2.29 Percent in December 2025. The reading fell from the previous value of 3.42 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged 2.98 Percent, up from the prior three at 1.50 Percent. In December readings over the past 3 years, GDP Growth (Annual %) has averaged 2.98 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
SHARE
GDP growth (annual %) - BR
Loading chart data...
About GDP growth (annual %) — Brazil
DEFINITION
Brazil's GDP Growth (Annual %) for 2025 came in at 2.285746%, missing the previous year's 3.419315% recorded in 2024. This slowdown marks a deceleration in economic expansion compared to the prior period. Market focus will remain on upcoming economic data and central bank policy adjustments amid this reduced growth pace. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/BRL (Bullish BRL, r=-0.50) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP