In the first quarter of 2023, the amount of savings made by Brazilian households accounted for 18.1 percent of the country's Gross Domestic Product (GDP). In the same quarter of the previous year, the Brazilian economy had registered a household saving rate of 17.4 percent of its GDP. In turn, Brazil's capital investments represented approximately 19 percent of GDP.
Household savings as percentage of GDP in Brazil from 2010 to 2023
Characteristic
Savings as share of GDP
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Household savings, as defined by the Global Finance Magazine, is “the difference between a household’s disposable income (wages, income of the self-employed and net property income) and its consumption (expenditures on goods and services).
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Brazilian Institute of Geography and Statistics. (June 1, 2023). Household savings as percentage of GDP in Brazil from 2010 to 2023 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/
Brazilian Institute of Geography and Statistics. "Household savings as percentage of GDP in Brazil from 2010 to 2023." Chart. June 1, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/
Brazilian Institute of Geography and Statistics. (2023). Household savings as percentage of GDP in Brazil from 2010 to 2023. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/
Brazilian Institute of Geography and Statistics. "Household Savings as Percentage of Gdp in Brazil from 2010 to 2023." Statista, Statista Inc., 1 Jun 2023, https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/
Brazilian Institute of Geography and Statistics, Household savings as percentage of GDP in Brazil from 2010 to 2023 Statista, https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/ (last visited July 03, 2024)
Household savings as percentage of GDP in Brazil from 2010 to 2023 [Graph], Brazilian Institute of Geography and Statistics, June 1, 2023. [Online]. Available: https://www.statista.com/statistics/769541/household-saving-rate-percentage-gdp-brazil/