Brazil economic activity grew 2.5 percent in 2025 as agriculture offsets slowdown

Brazil's economy expanded 2.5% last year driven by a surge in the farming sector despite high interest rates. The central bank expects to begin easing soon.

Brazil BRBR's central bank reported on February 19, 2026, that economic activity expanded by 2.5% during 2025. The result, measured by the IBC-Br index, exceeded earlier forecasts of 2.0% growth, although it represents a slowdown from the previous year.
Cityscape of downtown Sao Paulo, Brazil, on January 13, 2025. REUTERS/Jorge Silva
Cityscape of downtown Sao Paulo, Brazil, on January 13, 2025. REUTERS/Jorge Silva
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