GDP Deflator in Brazil decreased to 4.70 percent in 2023 from 8.60 percent in 2022. GDP Deflator in Brazil averaged 205.02 percent from 1963 until 2023, reaching an all time high of 2737.00 percent in 1990 and a record low of 3.70 percent in 2017. source: Banco Central do Brasil
GDP Deflator in Brazil is expected to reach 4.93 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil GDP Deflator is projected to trend around 5.13 percent in 2025 and 5.28 percent in 2026, according to our econometric models.