|Unit||Mil. BRL, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Brazilian Institute of Geography and Statistics (IBGE)|
|Government Consumption||2021 Q4||484,488||406,193||Mil. BRL, NSA||Quarterly|
|Investment||2021 Q4||428,661||430,491||Mil. BRL, NSA||Quarterly|
|Nominal Gross Domestic Product||2021 Q4||2,257,747||2,215,185||Mil. BRL, NSA||Quarterly|
|Private Consumption||2021 Q4||1,452,207||1,337,948||Mil. BRL, NSA||Quarterly|
|Real Government Consumption||2021 Q4||146.19||144.97||Ch. Vol. Index 1995=100, SA||Quarterly|
|Real Gross Domestic Product||2021 Q4||172.08||171.15||Ch. Vol. Index 1995=100, SA||Quarterly|
|Real Investment||2021 Q4||174.53||173.75||Ch. Vol. Index 1995=100, SA||Quarterly|
|Real Private Consumption||2021 Q4||181.95||180.68||Ch. Vol. Index 1995=100, SA||Quarterly|
|Nominal Fixed Investment (gross fixed capital formation)||2017||1,025,615,231,800||1,009,175,689,800||NCU||Annual|
|Real Fixed Investment (gross fixed capital formation)||2017||297,692,388,000||303,269,529,000||NCU||Annual|
The Brazilian Institute of Geography and Statistics (IBGE) reports quarterly GDP statistics. The data set includes industry level gross value added (production approach) at current prices and as chained volume indexes. Net taxes on products, GDP, consumer expenditure, government expenditure, gross fixed capital formation, changes in stock, imports, and exports are calculated using the expenditure approach.
Valuation is GDP at market prices ("PIB pm" or "produto interno bruto a preço de mercado"). Market prices are used to valuate flows and stocks in the Brazilian national accounts. Output is valued at basic prices, and intermediate consumption is valued at purchase prices excluding the deductible part of the value-added taxes. Total exports and imports are valued on a f.o.b. basis. Transactions in foreign currency are converted to the national currency using the mid-point between the selling and buying exchange rate, thus excluding the financial service from the value of exports.
For GDP(E) and GDP(O), we back-extend series to 1991Q1 or 1996Q3. Where necessary, we construct NSA supplements (additive identities) and seasonally adjusted counterparts.
No systematic revisions are made, but quarterly data are adjusted to annual data using a benchmarking procedure.
In March 2007, a revision of the national accounts introduced new data sources and established 2000 as a new reference year.