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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil GDP Per Capita (Current US$) fell to 10,310.55 USD in December 2024
World BankYearlyReleased December 2024
Brazil GDP Per Capita (Current US$) fell to 10,310.55 USD in December 2024, down 67.04 USD from November's 10,377.59 USD reading.
Latest Release
10310.548878
Actual
—
Consensus
10377.589772
Previous
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Bullish BRL | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Per Capita (Current US$) (Brazil) was reported at 10,310.55 USD in December 2024. The reading fell from the previous value of 10,377.59 USD. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged 9,989.82 USD, up from the prior three at 8,025.52 USD.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 28) and Gross Domestic Product YoY (May 29).
Auto-generated from current model state · Refreshes on each release · Last update December 2024.
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GDP Per Capita (Current US$) - BR
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About GDP Per Capita (Current US$) — Brazil
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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.
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EXPECTED ZONE
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