GDP of States Linked to Agro Should Grow More in The Pandemic

High in commodities benefits part of the Federation units, says consultancy

With the advance of commodity prices, some of the states most linked to agribusiness will register higher GDP (Gross Domestic Product) growth throughout the pandemic, according projections by MB Associados.

According to the consultancy, Mato Grosso do Sul (4.9%), Tocantins (4.7%) and Goiás (4.5%)will show the most intense increases in GDP from 2020 to 2022, compared to 2019 , the year before the health crisis.

"We saw an important impact of the appreciation of commodities in the pandemic. It is natural that this pulls up the projections in states like these,", evaluates Sergio Vale, chief economist at MB Associados.

Then appear Pará and Espírito Santo, with growth estimates of 4% and 3.9%, respectively, from 2020 to 2022.

Translated by Kiratiana Freelon

Read the article in the original language