Past Decade Recorded Worst GDP Growth in Brazil Since 1900

The Brazilian GDP has grown at a rate of 1.39 percent per year in the last decade. The fiscal crisis is considered the main factor that led the country into recession.

RIO DE JANEIRO, BRAZIL - The Brazilian economy hit rock bottom and recorded the lowest growth rate since 1900 in the decade ending in 2019. Between 2010 and 2019, the Gross Domestic Product (Subscribe to our Premium Membership Plan. Already Subscribed?