The World Bank has raised its forecast for Brazil's GDP (Gross Domestic Product) growth from 0.8% to 1.2% in 2023. The projection is included in the Global Economic Prospects report, released Tuesday (June 6, 2023).
Despite the improvement in 2023, the World Bank reduced, from 2% to 1.4%, the growth projections for the Brazilian economy in 2024, compared with the previous report released in January.
For 2025, the multilateral organization estimated an expansion of 2.4%.
Issued twice a year, the report lists the World Bank's estimates for the performance of economies worldwide.
According to . . .
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