BNDES - Brazilian Development Bank

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Over its history, the BNDES has offered technical studies on economics and useful information related to companies and economic groups.

As a highly qualified institution, the Bank produces economic-financial information by means of its technical staff, comprising professionals with vast experience in sectorial and macro-economic analyses.

The authors take full responsibility for these works, which do not necessarily reflect the BNDES’ view.

Brazilian Economic Insights

The publication “Brazilian Economic Insights” was conceived in 2006 with the aim of presenting the general public with the views of the Brazilian Development Bank (BNDES) concerning issues related to economic development in Brazil. For this reason, the texts presented here have taken on a very specific format: they are short and written in a style that is accessible to a broader audience. The publication covers topics, such as the financial market, the production structure and foreign trade, investment, fiscal policy, the labor market and social inclusion.

See the available editions 

International Bulletin

Considering the BNDES’ importance in fostering greater international insertion of the Brazilian economy, International Synopsis is a biannual publication that aims at monitoring issues related to international economic circumstances. The publication analyzes matters such as: level of trade, economic growth projections, inflation, foreign direct investments (IED) and foreign trade.

To receive the International Synopses via e-mail, register on the distribution list by sending an e-mail to

See the available editions

Other publications

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Recent News  Recent News
BNDES registers a net income of R$ 11.1 billion in the first quarter of 2019
In addition to the expressive profit, the data for the first quarter of the year show the estimate of R$ 5.2 billion in taxes in the concept of competence, and R$ 7.1 billion in the concept of cash, thus substantially contributing to the federal government’s fiscal result in 2019.
BNDES disbursements grow 30% between January and March and total R$ 14.5 bi
The infrastructure sector, with emphasis on investments in electric power and transportation, grew 71% in the period and received R$ 7 billion Micro, small and medium-sized enterprises received R$ 6.25 bi (43.2% of total)