Brazil's GDP maintains its growth trajectory, rising 3,2% in the 12 months to June.
Expansion is driven by agriculture and household consumption, according to data released by IBGE.
247 -Brazil's Gross Domestic Product (GDP) grew 3,2% in the accumulated four quarters ending in June 2025, compared to the immediately preceding period. The figures were released this Tuesday (2) by the Brazilian Institute of Geography and Statistics (IBGE), in an official report on the performance of the national economy.
According to IBGE (Brazilian Institute of Geography and Statistics), in the second quarter of 2025 there was a 2,2% increase compared to the same period in 2024. In relation to the first quarter of this year, the variation was a positive 0,4%, already considering seasonal adjustments. The result, as assessed by analysts, confirms the trend of resumed growth driven mainly by the increase in total wages, greater access to credit, and income transfer programs to families.
Consumption and agriculture in focus.
Household consumption rose 1,8% in the second quarter compared to 2024, driven by stronger incomes and public transfer policies. Among the productive sectors, agriculture stood out with significant growth of 10,1%. Industry advanced 1,1%, and services, which account for the largest share of GDP, expanded by 2,0%.
Compared to the previous quarter, the services sector grew by 0,6% and industry by 0,5%, while agriculture showed a slight decline of 0,1%. Within industry, extractive industries jumped by 5,4%, offsetting contractions in electricity and gas (-2,7%), manufacturing industries (-0,5%) and construction (-0,2%).
The Minister of Planning and Budget, Simone Tebet, celebrated the data and highlighted the positive impact on society. "IBGE has just released the data: Brazil's GDP has grown again. Brazil is on the right track, with more income and less inequality. It's growth with social justice. We will continue on this path," she stated in a social media post.
GDP reaches R$ 3,2 trillion in the quarter.
The total value of Brazil's GDP in the second quarter of 2025 reached R$ 3,2 trillion. Of this amount, R$ 2,7 trillion corresponds to value added at basic prices and R$ 431,7 billion to taxes on products net of subsidies.
The investment rate stood at 16,8% of GDP, exceeding the 16,6% recorded in the same period of 2024. The savings rate also reached the same level, at 16,8%, higher than the 16,2% of the previous year.
Performance in the semester and in the sectors
In the first half of 2025, GDP grew by 2,5% compared to the same period in 2024. All major sectors registered expansion: agriculture (10,1%), industry (1,7%), and services (2,0%).
In the industrial sector, the highlights were the extractive industries (4,5%), construction (1,8%) and manufacturing (1,3%). The exception was electricity and gas, water, sewage and waste management, which fell by 1,2%.
In sectoral terms, construction (3,6%), manufacturing (3,1%) and extractive industries (1,0%) registered growth in the four quarters ending in June. In the services sector, all activities advanced, with particular emphasis on information and communication (6,8%), other service activities (4,0%) and financial and insurance activities (3,3%).
Foreign trade
In the external scenario, exports of goods and services grew 2,0% in the second quarter, while imports advanced 4,4%. Exports were driven by motor vehicles, oil and gas extraction, metallurgy, and electrical machinery. Imports, on the other hand, were driven by chemical products, equipment, pharmaceuticals, and electrical appliances.
