BR
Sovereign Compass
Live Updates: Sun 02:00 UTC
Expert Intelligence Narrative
Brazil's macro environment is characterized by high real interest rates and significant fiscal volatility. The [N/A] rate is among the highest in the world to combat structural inflation of 4.27%. Brazil's participation in the BRICS de-dollarization initiative is noteworthy, as it seeks to reduce its vulnerability to Fed-driven credit cycles. Their diversified FX reserves and strong agricultural exports remain key defensive traits.
Live Data Integrated
Institutional GradeMethodology CheckedEconomic Size
GDP (Nominal)
SAFE
IMF
$2,155.91Bn
DAILY • FRED
GDP per Capita
SAFE
WB
$9,442.00
DAILY • FRED
Population
SAFE
UN
212.54Mn
DAILY • FRED
Growth & Inflation
Real GDP Growth
SAFE
WB
3.04%
DAILY • FRED
Inflation (CPI)
SAFE
IMF
4.27%
DAILY • FRED
Unemployment
SAFE
ILO
7.16%
DAILY • FRED
Monetary Policy
Policy Rate
FRED/GMD
No Data
DAILY • FRED
2Y Yield
FRED
No Data
DAILY • FRED
10Y Yield
FRED
No Data
DAILY • FRED
Yield Slope (2s10s)
Calculated
No Data
DAILY • FRED
External Sector
Current Account % GDP
WARNING
IMF
-1.75%
DAILY • FRED
Exports % GDP
SAFE
WTO
17.41%
DAILY • FRED
Imports % GDP
SAFE
WTO
15.20%
DAILY • FRED
FX Reserves
SAFE
IMF
$355.00Bn
DAILY • FRED
Gold Reserves
SAFE
WGC
129.70T
DAILY • FRED
Fiscal Health
Gov Debt % GDP
SAFE
IMF
87.57%
DAILY • FRED
Budget Deficit % GDP
WARNING
IMF
-6.93%
DAILY • FRED