🚨 In summary, us Brazilians are screwed, what do you think?
Based on the latest reports and forecasts, the growth expectation for Brazil in 2025 varies among different institutions and analysts. Here are the main points:
International Institutions:
* International Monetary Fund (IMF): Maintained its GDP growth projection for Brazil at 2.2% for 2025, according to the update of the World Economic Outlook (WEO) from January 2025.
* World Bank: Also maintained its growth estimate at 2.2% for 2025, according to the "Global Economic Prospects" report released in January 2025.
* OECD (Organization for Economic Cooperation and Development): Reduced its forecast for Brazil in 2025 from 2.3% to 2.1%, according to the "Interim Economic Outlook" from March 2025.
National Institutions and Market:
* Focus Bulletin (Central Bank): The weekly survey with economists from the financial market has shown downward revisions. The latest reading (March 24, 2025) indicates a growth expectation of 1.98% for GDP in 2025.
* Ministry of Finance (SPE): In February 2025, the Economic Policy Secretariat updated its growth outlook to 2.3%. However, in previous communications, it had already indicated an expectation of a slowdown for 2025.
Other Observations:
* Market analysts and the World Bank's own director for Brazil indicate that growth in 2025 is expected to be lower than that recorded in 2024 (which was 3.4% according to IBGE).
* The expectation of interest rate hikes and fiscal factors are pointed out as elements that may impact the growth pace.
In summary, the growth forecast for Brazil in 2025 points to a slowdown compared to 2024, with current estimates generally ranging between 1.98% and 2.3%. It is important to note that these are just forecasts and are subject to change depending on the evolution of the global and domestic economy.