Brazil’s GDP Grew Only 1.1 Percent in 2019, Reports IBGE

In 2017 and 2018, the first GDP figures showed an increase of 1.1 percent. Later, the data were corrected to 1.3 percent. In 2015 and 2016, there was a drop in the GDP.

RIO DE JANEIRO, BRAZIL - Brazil's GDP (Gross Domestic Product) grew 1.1 percent in 2019, according to data released on Wednesday, March 4th, by the Brazilian Institute of Geography and Statistics (IBGE). It was the third consecutive year of low growth in the Brazilian economy

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