A slowdown in GDP in the third quarter left Brazil once again at the bottom of the global economic performance rankings.
With an increase of 0.1% compared to the second quarter, the Brazilian economy achieved the 35th highest growth rates in this period among 50 countries that have already released their results for the July-September period, along with the United Kingdom and Italy.
In the second quarter, Brazilian GDP grew by 0.3%, the 57th best performance among 85 economies in the period, according to Trading Economics.
In Latin America, four countries, in addition to Brazil, have already released their third-quarter results. The economies of Peru and Colombia are among the best performing economies in the global rankings for this period. Both rose 1.2%, the ninth-best performance in the survey.
Mexico and Chile went in the opposite direction, becoming among the ten worst-performing economies. The Chilean economy contracted by 0.1%, the ninth largest contraction on the list, and the Mexican economy contracted by 0.3%, the fourth largest contraction.
One of the most notable points of the third quarter ranking is that half of the list of the ten highest growth rates consists of developed countries, which, in general, have lower growth than developing countries.
Topping the global list is an advanced economy: Israel, with growth of 3%, is recovering from losses in the second quarter when it contracted by 1.1%.
Other rich countries that appear at the top of the rankings are Singapore (2nd place), Denmark (3rd place), Taiwan (4th place), and South Korea (8th place).
At the end of the list comes emerging Thailand, with a decrease of 0.6%. Next come two developed countries: Switzerland, with a decrease of 0.5%, and Japan, which contracted by 0.4% in the third quarter.
04/12/2025 11:46:10