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Inflation Rate Trends and Forecast for Brazil from 1990 to 2029

Inflation Rate Trends and Forecast for Brazil from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Brazil from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Brazil
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Brazil's inflation history reflects dramatic volatility, with hyperinflation peaking at 2947.7% in 1990. The Real Plan in 1994 successfully curbed hyperinflation, bringing rates down to 15.8% by 1996. Moderate inflation persisted until the mid-2010s when economic and political crises pushed rates to 9.0% in 2015.

In 2022, inflation reached 9.3% amid global economic disruptions. Projections show a decline to 3% by 2029, reflecting the success of Brazil’s fiscal and monetary policies in maintaining price stability and promoting long-term economic recovery.

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