Brazil is expected to return to the position of the world's eighth-largest economy in 2027, leaving Russia and Italy behind.
The projection is part of the World Economic Outlook document, released this week by the International Monetary Fund (IMF).
Related news:
IMF forecasts 2.2% GDP growth for Brazil in 2026.
According to the study, Brazil's Gross Domestic Product (GDP, the sum of all goods and services produced in the country) will reach US$2.80 trillion (R$14.65 trillion) next year.
In 2026, the country ends up in tenth place in the ranking, with a GDP of US$2.655 trillion.
For 2027, the list keeps the United States as the largest economic power, followed by China.
Check out the Top 10 world economies, according to the IMF's projection, a multilateral institution linked to the United Nations.
United States: US$34.44 trillion
China: US$22.94 trillion
Germany: US$5.66 trillion
India: US$4.52 trillion
United Kingdom: US$4.49 trillion
Japan: US$4.47 trillion
France: US$3.65 trillion
Brazil: US$2.80 trillion
Italy: US$2.77 trillion
Russia: US$2.68 trillion
The last time Brazil ranked eighth was in 2017. According to the IMF's estimate, the country remains in eighth place until 2031, the last projected year.
Brazil's best position in the global GDP ranking was seventh place, achieved in 1995 and from 2010 to 2014.
India takes off
One of the highlights of the IMF's forecast is India, which jumps...
AI Brief
Your highlights
The last time Brazil ranked eighth was in 2017. According to the IMF's estimate, the country remains in eighth place until 2031, the last projected year.
The best position Brazil has ever held in the global GDP ranking was seventh place, reached in 1995 and from 2010 to 2014.
India takes off
One of the highlights of the IMF's forecast is India, which jumps from sixth to fourth place, overtaking the United Kingdom and Japan. By 2031, India is expected to take third place from Germany.
The United States and China are expected to hold the top two spots in the ranking, in that order, until 2031.
What is GDP
GDP is the sum of all goods and services produced in a given location over a given period. With this data, it is possible to track the behavior of the economy of a country, state, or city, as well as make international comparisons.
GDP is calculated with the help of various sector surveys, such as commerce, services, and industry.
During the calculation, care is taken to avoid double counting. For example: if a country produces R$100 worth of wheat, R$200 worth of wheat flour, and R$300 worth of bread, the GDP will be R$300, because the values of the flour and the wheat are already embedded in the value of the bread.
The final goods and services that make up GDP are measured at the price at which they reach the consumer. In this way, taxes charged are also taken into account.
GDP helps to understand a country's reality, but it does not express factors such as income distribution and living conditions. It is possible, for example, for a country to have a high GDP and a relatively low standard of living, just as there may be a nation with a low GDP and a very high quality of life.