IBOV 173,714.08 ▼ 0.06% IPSA 10,886.14 ▼ 0.56% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,199,934 ▲ 0.46% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.07% USD/MXN17.49▼ 0.24% USD/CLP931.20▲ 0.67% USD/COP3,255▼ 0.09% USD/PEN3.39▼ 0.04% USD/ARS1,478▼ 0.03% USD/UYU 40.23 — 0.00% USD/PYG6,032— 0.00% USD/BOB 10.65 — 0.00% USD/DOP58.33▲ 0.15% USD/CRC 446.12 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.73 — 0.00% USD/NIO 36.62 — 0.00% USD/VES735.09▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.74— 0.00% EUR/BRL5.85▲ 0.19% BRENT 88.52 ▲ 0.48% WTI 81.72 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.61% GOLD 4,029 ▲ 0.41% SILVER 57.36 ▲ 2.36% SOY 1,211 ▲ 0.50% CORN 470.50 ▲ 5.79% WHEAT 678.75 ▼ 0.59% COFFEE 304.70 ▼ 5.17% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 139.35 ▲ 4.15% COTTON 79.32 ▲ 2.92% COCOA 5,753 ▲ 10.30% BEEF 220.70 ▼ 2.81% CATTLE 339.35 ▼ 2.09% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.71 ▼ 0.44% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.76 ▼ 2.52% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 64,200 ▼ 0.76% ETH 1,863 ▼ 0.43% SOL 76.26 ▼ 0.12% XRP 1.09 ▼ 0.61% BNB 565.77 ▼ 0.81% ADA 0.16 ▼ 2.16% DOGE 0.07 ▼ 0.77% AVAX 6.53 ▲ 1.15% LINK 8.34 ▼ 0.34% DOT 0.81 ▼ 1.61% LTC 46.91 ▼ 0.28% BCH 211.96 ▼ 1.36% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.06% HBAR 0.07 ▼ 1.14% NEAR 1.93 ▲ 0.71% ATOM 1.46 ▼ 1.08% AAVE 90.19 ▲ 0.96% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.09 ▼ 0.44% JBS 11.91 ▼ 1.00% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 52,860 ▲ 0.57% USD/ZAR16.48▼ 0.41% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,090 ▲ 2.15% NIFTY 24,238 ▼ 0.40% KOSPI 6,516 ▼ 4.46% JCI 6,216 ▲ 0.65% USD/JPY 162.36 — 0.00% USD/CNY6.77▼ 0.16% DAX 24,886 ▲ 0.22% CAC 8,360 ▲ 0.25% FTSE 10,567 ▼ 0.32% MIB 51,924 ▲ 0.08% IBEX 19,280 ▲ 0.33% STOXX 642.14 ▲ 0.10% EUR/USD1.14▲ 0.15% GBP/USD1.35▲ 0.18% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.49 ▼ 1.49% USD/CAD1.40▲ 0.06% US10Y 4.5410 ▼ 0.61% IBOV 173,714.08 ▼ 0.06% IPSA 10,886.14 ▼ 0.56% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,199,934 ▲ 0.46% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.07% USD/MXN 17.49 ▼ 0.26% USD/CLP 931.20 ▲ 0.67% USD/COP 3,255 ▼ 0.09% USD/PEN 3.39 ▼ 0.04% USD/ARS 1,478 ▼ 0.03% USD/UYU 40.23 — 0.00% USD/PYG 6,032 ▲ 1.38% USD/BOB 10.65 — 0.00% USD/DOP 58.33 ▲ 0.15% USD/CRC 446.12 — 0.00% USD/GTQ 7.62 — 0.00% USD/HNL 26.73 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.09 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.36% USD/TTD 6.74 ▲ 1.17% EUR/BRL 5.85 ▲ 0.19% BRENT 88.52 ▲ 0.48% WTI 81.72 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.61% GOLD 4,029 ▲ 0.41% SILVER 57.36 ▲ 2.36% SOY 1,211 ▲ 0.50% CORN 470.50 ▲ 5.79% WHEAT 678.75 ▼ 0.59% COFFEE 304.70 ▼ 5.17% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 139.35 ▲ 4.15% COTTON 79.32 ▲ 2.92% COCOA 5,753 ▲ 10.30% BEEF 220.70 ▼ 2.81% CATTLE 339.35 ▼ 2.09% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.71 ▼ 0.44% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.76 ▼ 2.52% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 64,200 ▼ 0.76% ETH 1,863 ▼ 0.43% SOL 76.26 ▼ 0.12% XRP 1.09 ▼ 0.61% BNB 565.77 ▼ 0.81% ADA 0.16 ▼ 2.16% DOGE 0.07 ▼ 0.77% AVAX 6.53 ▲ 1.15% LINK 8.34 ▼ 0.34% DOT 0.81 ▼ 1.61% LTC 46.91 ▼ 0.28% BCH 211.96 ▼ 1.36% TRX 0.33 ▼ 0.39% XLM 0.19 ▼ 1.06% HBAR 0.07 ▼ 1.14% NEAR 1.93 ▲ 0.71% ATOM 1.46 ▼ 1.08% AAVE 90.19 ▲ 0.96% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.09 ▼ 0.44% JBS 11.91 ▼ 1.00% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 52,860 ▲ 0.57% USD/ZAR 16.47 ▼ 0.35% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,090 ▲ 2.15% NIFTY 24,238 ▼ 0.40% KOSPI 6,516 ▼ 4.46% JCI 6,216 ▲ 0.65% USD/JPY 162.36 — 0.00% USD/CNY 6.7666 ▼ 0.02% DAX 24,886 ▲ 0.22% CAC 8,360 ▲ 0.25% FTSE 10,567 ▼ 0.32% MIB 51,924 ▲ 0.08% IBEX 19,280 ▲ 0.33% STOXX 642.14 ▲ 0.10% EUR/USD 1.1448 ▲ 0.02% GBP/USD 1.3476 ▲ 0.18% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.49 ▼ 1.49% USD/CAD 1.4011 ▼ 0.05% US10Y 4.5410 ▼ 0.61%
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Monday, July 20, 2026

Brazil Election Polls 2026: All Surveys, All Candidates

By · April 6, 2026 · 5 min read

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Brazil — Key Facts

  • The race: President Lula (PT) and Senator Flávio Bolsonaro (PL) are in a statistical dead heat, narrowed from a 12-point gap in December.
  • Latest poll: BTG/Nexus (Mar 27–29) shows them tied at 46% each in a simulated runoff.
  • The calendar: First round October 4, 2026; runoff October 25 if no candidate clears 50%.
  • The pattern: every Brazilian presidential election since 2002 has gone to a runoff.
  • The method: this tracker compiles every credible national poll, updated weekly.
Brazil Election Polls 2026: All Surveys, All Candidates
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Brazil · Elections

Every major Brazil election poll for 2026 — tracked in one place and updated every week. The race between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro has tightened from a 12-point gap in December to a statistical dead heat in the latest surveys.

This tracker compiles every credible national poll from the period leading up to the October 4, 2026 first round.

Election calendar: First round — October 4, 2026. Runoff (if needed) — October 25, 2026. A candidate needs more than 50% of valid votes to win outright in the first round. Every election since 2002 has gone to a runoff.

When is Brazil’s 2026 election?

Brazil votes in the first round on October 4, 2026, with a runoff on October 25 if no candidate wins more than 50%. The presidential race pits President Lula (PT) against Senator Flávio Bolsonaro (PL); this tracker compiles every credible national poll, updated weekly.

Latest Poll: BTG Nexus — March 27–29, 2026

The most recent national poll, conducted by Nexus for BTG Pactual between March 27 and 29, shows the tightest race yet. In a simulated second round, Lula and Flávio Bolsonaro are tied at 46% each — a dead heat within the survey’s two-point margin of error.

The poll covered 2,006 voters and is registered with Brazil’s Superior Electoral Court (TSE) under registration BR-07974/2026.

In the first-round scenario, Lula holds a numerical lead but remains within the margin of error. The pattern across all recent polls is consistent: Lula leads the first round but faces a runoff that has narrowed to a coin toss.

Flávio Bolsonaro has closed a 12-point gap in under four months — one of the fastest opposition consolidations in recent Brazilian electoral history.

Brazil Election Poll 2026 — All National Surveys (First Round)

Sorted by most recent. All figures are voting intentions, not approval ratings.

Blank/null votes and undecided excluded from some institutes’ reported figures.

Pollster Field Dates Lula (PT) F. Bolsonaro (PL) Others Lead Sample MoE
Paraná Pesquisas Mar 25–28 41.3% 37.8% Caiado 3.6%, Zema 3% +3.5pp Lula 2,080 ±2.2pp
Gerp Mar 20–25 38% 36% Ratinho 4%, Caiado 3% +2pp Lula 2,000 ±2.2pp
AtlasIntel Mar 18–23 45.9% 40.1% Caiado 3.7%, Zema 3.1% +5.8pp Lula 5,028 ±1pp
Ideia Mar 6–10 40.3% 35% Caiado 5.5%, Zema 5% +5.3pp Lula 1,500 ±2.5pp
Quaest Mar 6–9 39% 32% Caiado 4%, Zema 2% +7pp Lula 2,004 ±2pp
Datafolha Mar 3–5 39% 33% Caiado 4%, Zema 5% +6pp Lula 2,004 ±2pp
Futura Mar 2–6 35.1% 41.9% Caiado 5.7% +6.8pp Flávio 2,000 ±2.2pp
Paraná Pesquisas Feb 22–25 40.5% 36.6% Zema 4.3%, Caiado 3.7% +3.9pp Lula 2,080 ±2.2pp
AtlasIntel Feb 19–24 47.1% 33.1% Tarcísio 7.4%, Caiado 4.1% +14pp Lula 4,986 ±1pp
Quaest Feb 5–9 41% 32% Caiado 4%, Zema 2% +9pp Lula 2,004 ±2pp
AtlasIntel Jan 15–20 48.4% 28% Tarcísio 11%, Caiado 2.9% +20.4pp Lula 5,418 ±1pp

Second Round Simulations: Lula vs Flávio Bolsonaro

The runoff is where the race is being decided. Lula’s first-round lead does not translate into a comfortable second-round position.

Pollster Field Dates Lula Flávio Bolsonaro Lead
BTG Nexus ← most recent Mar 27–29 46% 46% Dead heat
Paraná Pesquisas Mar 25–28 44.1% 45.2% +1.1pp Flávio
AtlasIntel Mar 18–23 46.6% 47.6% +1pp Flávio
Quaest Mar 6–9 41% 41% Tied
Datafolha Mar 3–5 46% 43% +3pp Lula
AtlasIntel Feb 19–24 46.2% 46.3% +0.1pp Flávio
Quaest Feb 5–9 43% 38% +5pp Lula
AtlasIntel Jan 15–20 49% 45% +4pp Lula

What the Trend Shows

In January, AtlasIntel had Lula up by 20 points in the first round and 4 points in a runoff. By late March, four consecutive polls put the second round within the margin of error — and two gave Flávio a numerical lead.

The direction of travel is unmistakable, even if the destination is not yet determined.

Flávio Bolsonaro consolidated the right-wing vote faster than most analysts expected. His father Jair Bolsonaro, imprisoned for the January 8 coup attempt, formally endorsed him in December 2025.

The Liberal Party mobilized its evangelical and rural networks quickly. By March, Flávio had absorbed virtually all of the Tarcísio de Freitas vote — after the São Paulo governor announced he would seek reelection as governor instead of running for president.

Lula’s weaknesses are structural. Both frontrunners carry rejection rates above 44%, meaning there are very few persuadable voters.

Lula’s government disapproval stands at approximately 53% in the most recent AtlasIntel survey. Voter discontent with the political class runs deep: Senate president Davi Alcolumbre and House speaker Hugo Motta both carry 81% negative ratings.

This environment does not favor incumbents.

Approval Ratings and Image

Candidate / Leader Positive Image Negative Image Source
Lula (PT) 43% 51% AtlasIntel Mar 2026
Flávio Bolsonaro (PL) 43% 56% AtlasIntel Mar 2026
Tarcísio de Freitas (Republicanos) 44% 45% AtlasIntel Mar 2026
Fernando Haddad (PT) n/a 57% AtlasIntel Mar 2026

What This Means for Investors

Brazilian markets are pricing in elevated political risk. The Ibovespa has been volatile around each major poll release, particularly the AtlasIntel/Bloomberg survey that first showed the runoff as a statistical tie.

A Flávio Bolsonaro presidency would likely mean faster privatizations, tighter fiscal policy and a more market-friendly economic stance — but also trade tensions with China given the Bolsonaro family’s geopolitical positioning. A Lula reelection implies policy continuity, ongoing fiscal pressure, and a government that prioritizes social spending over primary surplus targets.

Prediction markets provide a live read on investor consensus. Polymarket currently prices Lula at 42% and Flávio Bolsonaro at 37.1% to win the presidency — a spread that reflects Lula’s structural advantage in the first round even as the runoff remains genuinely open.

For more on the economic stakes of the election, see our Brazil Elections 2026 Complete Guide.

About this tracker: Updated every week with the latest national polls. All data sourced from TSE-registered polling firms. Figures show voting intentions in stimulated scenarios (when candidate names are presented to respondents). Blank votes, null votes and undecided voters are excluded from most reported figures unless otherwise noted. Last updated: April 6, 2026.

Frequently Asked Questions

Who leads the 2026 Brazil polls?

The race is a dead heat — the latest BTG/Nexus poll has Lula and Flávio Bolsonaro tied at 46% in a simulated runoff.

When is the election?

First round on October 4, 2026, with a runoff on October 25 if needed.

How often is the tracker updated?

Weekly, compiling every credible national poll registered with the electoral court.

Will there be a runoff?

Very likely — every Brazilian presidential race since 2002 has gone to a second round.

Connected Coverage

For the full context, read our Brazil 2026 election guide, and compare the regional vote in Peru’s 2026 election guide.

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