section_path: Impact by region or country/Americas/Brazil
section_name: Brazil
paragraph_text: Brazil
  
  The Brazilian government forecast that its economy will experience its biggest crash since 1900, with a gross domestic product contraction of 4.7%. At the first trimester of 2020 the gross domestic product was 1.5% smaller than the GDP of the first trimester of 2019, and it decreased to the same level of 2012. On 9 April 2020, at least 600,000 businesses went bankrupt, and 9 million people were fired.
  
  Even with the pandemic, the state of São Paulo was the only Brazilian state to see a GDP growth in 2020, of about 0.4%.