Brazil

Name: Brazil — economic data and equity holdings
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

BRA · Latin America & Caribbean · Upper middle income

This page brings together what Brazil means for an ETF portfolio: the economic picture from World Bank data, the 207 Brazil stocks we track, and the ETFs that actually give you exposure — with the country weight computed from real fund holdings, not estimated.

Economic indicators

Gross domestic product (2025)2,280 bn USD

GDP per capita (2025)10,713 USD

Real GDP growth (2025)2.3 %

Inflation rate (2025)5.0 %

Unemployment rate (2025)6.0 %

Population (2025)212.8 m

Economic indicators over time
Year	GDP per capita (USD)	Real GDP growth (%)	Inflation rate (%)	Unemployment rate (%)
2018	9,301	1.8	3.7	12.3
2019	9,030	1.2	3.7	11.9
2020	7,074	-3.3	3.2	13.7
2021	7,973	4.8	8.3	13.2
2022	9,281	3.0	9.3	9.2
2023	10,378	3.2	4.6	7.9
2024	10,311	3.4	4.4	6.8
2025	10,713	2.3	5.0	6.0

Source: World Bank Open Data, licensed CC BY 4.0.

Data note 1

ETFs with the highest Brazil weight

Sum of the fund's individual holdings from this country — added up from published holdings, not estimated.

ETFs by country weight
ETF	Index	Weight	Holdings
State Street® SPDR® MSCI Emerging Markets UCITS ETF SPYM · IE00B469F816	MSCI Emerging Markets	4.2 %	44
Xtrackers MSCI Emerging Markets UCITS ETF 1d XEMD · IE000GWA2J58	MSCI Emerging Markets	4.1 %	42
Xtrackers MSCI Emerging Markets UCITS ETF 1c XMME · IE00BTJRMP35	MSCI Emerging Markets	4.1 %	42
iShares Core MSCI EM IMI UCITS ETF (Acc) IS3N · IE00BKM4GZ66	MSCI EM IMI	3.5 %	114
Xtrackers MSCI World Materials UCITS ETF 1c XDWM · IE00BM67HS53	MSCI World Materials	2.6 %	2
Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1c XUCC · IE0006I3NZF8	MSCI USA Consumer Discretionary	1.7 %	1
Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1d XUCD · IE00BGQYRR35	MSCI USA Consumer Discretionary	1.7 %	1
Xtrackers MSCI World Consumer Discretionary UCITS ETF 1c XDWC · IE00BM67HP23	MSCI World Consumer Discretionary	1.1 %	1

Data note 2

Largest tracked stocks

207 stocks from Brazil are covered through our ETF holdings — these carry the highest single weight.

WHEATON PRECIOUS METALS2.30 %
MERCADOLIBRE1.74 %
VALE0.45 %
Vale S.A.0.43 %
Nu Holdings Ltd. Class A0.42 %
NU HOLDINGS CLASS A0.42 %
Itau Unibanco Holding SA Pfd0.37 %
ITAU UNIBANCO HOLDING PREF SA0.36 %
PETROLEO BRASILEIRO PREF SA0.35 %
Petroleo Brasileiro SA Pfd0.34 %
CIA VALE DO RIO DOCE SHVALE3 · 0.34 %
Petroleo Brasileiro SA0.33 %
PETROLEO BRASILEIRO SA0.32 %
YARA INTERNATIONAL0.26 %
PETROLEO BRASILEIRO SA PETROBRASPETR3 · 0.24 %
Banco Bradesco SA Pfd0.18 %
BANCO BRADESCO PREF0.16 %
Itausa SA Non-Cum Perp Pfd Registered Shs0.16 %
B3 SA - Brasil Bolsa Balcao0.16 %
B3 BRASIL BOLSA BALCAO SA0.14 %

All tracked stocks

112 names, ETF coverage on average in the 20.6th percentile of all stocks we cover. Sorted by ETF reach.

Tracked stocks
Stock	Ticker	ETFs
Wheaton Precious Metals Corp	WPM	16
AXIA Energia SA	AXIA3	7
AXIA Energia SA Non-Cum Perp Pfd Registered Shs C	AXIA7	7
Ambev SA	ABEV3	7
Aura Minerals Inc	AUGO	7
B3 SA - Brasil Bolsa Balcao	B3SA3	7
BB Seguridade Participacoes SA	BBSE3	7
Banco BTG Pactual SA Units Cons of 1 Sh + 2 Pfd Shs A	BPAC11	7
Banco Bradesco SA Pfd	BBDC4	7
Banco do Brasil S.A.	BBAS3	7
Companhia Energetica de Minas Gerais SA Pfd	CMIG4	7
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP	SBSP3	7
Embraer S.A.	EMBJ3	7
Energisa SA Units Cons of 1 Sh + 4 Pfd Shs	ENGI11	7
Eneva S.A.	ENEV3	7
Equatorial S.A.	EQTL3	7
Gerdau S.A. Pfd	GGBR4	7
Itau Unibanco Holding Pref SA	ITUB4	7
Itausa SA Non-Cum Perp Pfd Registered Shs	ITSA4	7
Klabin SA Ctf de Deposito de Acoes Cons of 1 Sh + 4 Pfd Shs	KLBN11	7
Localiza Rent A Car SA	RENT3	7
MBRF Global Foods Company S.A.	MBRF3	7
Nu Holdings Ltd. Class A	NU	7
Petro Rio	PRIO3	7
Petroleo Brasileiro Pref SA	PETR4	7
Raia Drogasil S.A.	RADL3	7
Rede D'Or Sao Luiz SA	RDOR3	7
Rumo SA	RAIL3	7
Suzano S.A.	SUZB3	7
Telefonica Brasil S.A.	VIVT3	7
Ultrapar Participacoes S.A.	UGPA3	7
Vibra Energia SA	VBBR3	7
WEG SA	WEGE3	7
XP Inc. Class A	XP	7
Companhia Paranaense de Energia	CPLE3	6
Banco Bradesco SA	BBDC3	5
ENGIE Brasil Energia S.A.	EGIE3	5
Motiva Infraestrutura de Mobilidade SA	MOTV3	5
TIM S.A.	TIMS3	5
CPFL Energia S.A.	CPFE3	4
Caixa Seguridade Participacoes SA	CXSE3	4
Itau Unibanco Holding S.A.	ITUB3	4
Patria Investments Ltd. Class A	PAX	4
Porto Seguro S.A.	PSSA3	4
StoneCo Ltd. Class A	STNE	4
Auren Energia SA	AURE3	3
Brava Energia SA	BRAV3	3
Companhia Brasileira de Aluminio	CBAV3	3
Fleury SA	FLRY3	3
Hidrovias do Brasil SA	HBSA3	3
IRB Brasil Resseguros SA	IRBR3	3
Inter & Co. Inc. Class A	INTR	3
Orizon Valorizacao de Residuos SA	ORVR3	3
Petroreconcavo SA	RECV3	3
Sendas Distribuidora SA	ASAI3	3
Sigma Lithium Corporation	SGML	3
Tres Tentos Agroindustrial SA	TTEN3	3
Vivara Participacoes SA	VIVA3	3
Allos SA	ALOS3	1
Alupar Investimento Units	ALUP11	1
Axia Energia Pref SA	AXIA15	1
Azzas	AZZA3	1
Banco ABC Brasil Pref SA	ABCB4	1
Banco ABC Brasil Rights SA	ABCB10	1
Banco Do Estado Do Rio Grande	BRSR6	1
Bradespar Pref SA	BRAP4	1
Braskem Pref Class A	BRKM5	1
Cia Saneamento Do Parana Units	SAPR11	1
Cia Saneamento Pref	SAPR4	1
Cia Vale Do Rio Doce SH	VALE3	1
Cogna Educacao SA	COGN3	1
Companhia Siderurgica Nacional SA	CSNA3	1
Companhia de Saneamento de Minas	CSMG3	1
Compass Gas E Energia SA	PASS3	1
Cosan Industria E Comercio	CSAN3	1
Cury Constrtutora E Incorporadora	CURY3	1
Cyrela Brazil Realty SA	CYRE3	1
Dexco SA	DXCO3	1
Direcional Engenharia	DIRR3	1
Ecorodovias Infraestrutura	ECOR3	1
Fras-Le SA	FRAS3	1
GPS Participacoes	GGPS3	1
Grupo Mateus	GMAT3	1
Hapvida Participacoes	HAPV3	1
Hypermarcas	HYPE3	1
Iguatemi Unit SA	IGTI11	1
Intelbras Telecomunicacoes SA	INTB3	1
Isa Energia Brasil Pref SA	ISAE4	1
JHSF Participacoes SA	JHSF3	1
Lojas Renner	LREN3	1
M Dias Branco Industria SA	MDIA3	1
Magazine Luiza SA	MGLU3	1
Mahle-Metal Leve SA	LEVE3	1
Marcopolo Pref	POMO4	1
Metalurgica Gerdau Pref SA	GOAU4	1
Minerva	BEEF3	1
Movida Participacoes SA	MOVI3	1
Multiplan Empreendimentos	MULT3	1
Natura SA	NATU3	1
Petroleo Brasileiro Sa Petrobras	PETR3	1
SLC Agricola SA	SLCE3	1
Sao Martinho SA	SMTO3	1
Sao Paulo Alpargatas Pref	ALPA4	1
Simpar	SIMH3	1
Smartfit Escola de Ginastica	SMFT3	1
Totvs	TOTS3	1
Transmissora Alianca Energia	TAEE11	1
Unipar Participacoes Pref Class B	UNIP6	1
Usinas Siderurgicas de Minas	USIM5	1
Vamos Locacao de Caminhoes Maquina	VAMO3	1
Vinci Compass Investments LTD Clas	VINP	1
Vulcabras Azaleia	VULC3	1

Data note 3

Brazil

Economic indicators

ETFs with the highest Brazil weight

Largest tracked stocks

All tracked stocks

Other countries in this region