Real GDP
outputNGDPRSAXDCBRQ
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Economic indicator correlations for Brazil. See how 11 macro indicators move together and how Brazil's GDP correlates with other major economies.
Coverage
Real GDP
outputNGDPRSAXDCBRQ
CPI (YoY)
pricesCPALTT01BRM657N
Unemployment Rate
laborLRUNTTTTBRM156S
3-Month Interbank Rate
ratesIR3TIB01BRM156N
Long-Term Bond Yield
ratesIRLTLT01BRM156N
Industrial Production
outputBRAPROINDMISMEI
Exports
tradeXTEXVA01BRA188S
Imports
tradeXTIMVA01BRA188S
Consumer Confidence
confidenceCSCICP03BRM665S
M1 Money Supply
monetaryMANMM101BRM189S
PPI Manufacturing
pricesPIEAMP01BRM661N
Intra-Country
#1
Unemployment Rate vs Consumer Confidence
Corr -66%258 pts
1.581
#2
Real GDP vs Industrial Production
Corr +73%112 pts
1.508
#3
Exports vs Imports
Corr +66%26 pts
0.940
#4
Exports vs Consumer Confidence
Corr -38%26 pts
0.544
#5
Exports vs M1 Money Supply
Corr +30%26 pts
0.431
#6
Real GDP vs Consumer Confidence
Corr +21%112 pts
0.428
#7
Industrial Production vs M1 Money Supply
Corr +15%352 pts
0.377
#8
Real GDP vs Imports
Corr +26%26 pts
0.368
#9
Industrial Production vs Imports
Corr -24%26 pts
0.340
#10
Unemployment Rate vs M1 Money Supply
Corr +9%256 pts
0.214
#11
Real GDP vs Unemployment Rate
Corr +10%79 pts
0.191
#12
CPI (YoY) vs Imports
Corr -13%26 pts
0.182
#13
Real GDP vs CPI (YoY)
Corr +9%111 pts
0.178
#14
Imports vs Consumer Confidence
Corr +12%26 pts
0.173
#15
CPI (YoY) vs Exports
Corr -12%26 pts
0.169
Cross-Country
Level series (rates, unemployment, confidence) are used as-is; flow/stock series (GDP, trade, money supply, housing, prices) use period-over-period growth (%). Pairwise Pearson correlations. Ranking score = absolute correlation × log10(overlap + 1).
Minimum overlap filter: 20 data points.
Diagnostics
3-Month Interbank Rate (IR3TIB01BRM156N): FRED request failed with status 400 Bad Request.
Long-Term Bond Yield (IRLTLT01BRM156N): FRED request failed with status 400 Bad Request.
PPI Manufacturing (PIEAMP01BRM661N): FRED request failed with status 400 Bad Request.