Brazil · Economy
Key Facts
—The number. The World Bank now expects Brazil’s economy to grow just 1.9 percent in 2026, down from the 2.0 percent it pencilled in back in January.
—Why it matters. Brazil is Latin America’s largest economy, so its slowdown drags the whole region down to the weakest growth pace anywhere in the world.
—The trigger. A war in the Middle East has pushed oil prices sharply higher, lifting inflation and keeping borrowing costs painful across developing economies.












