Brazil's estimated 158 million voters could advance Latin America's conservative wave in Sunday's election as the continent's most populous nation could elect conservative Sen. Flavio Bolsonaro as its next president.

The first round election three weeks ago saw a strong performance by Bolsonaro, proving the polls wrong. While incumbent President Luiz Inacio Lula da Silva (Lula) had been predicted to take the first round by single digits, Bolsonaro ended up winning 47% to Lula's 45%. As neither candidate won a majority, the election went to a second round.

Brazil's election follows a long string of victories for the Latin American right across Central and South America that started with the election of Libertarian outsider Javier Milei in Argentina in 2023.

2025 saw a right-wing sweep across the region, as Ecuador, Bolivia, Honduras and Chile all voted for conservative heads of state.

In 2026, Keiko Fujimori narrowly defeated a left-wing candidate to win the Peruvian presidency, while most recently, in Colombia, conservative attorney Abelardo de la Espriella bested left-wing Senator Ivan Cepeda.

Bolsonaro's slate of congressional candidates also fared well, ensuring that Brazil will have one of the most conservative congresses in years, and a legislative branch aligned with Bolsonaro's goals, or ready to thwart Lula's agenda.

The two candidates met Friday night for the final debate in Rio de Janeiro, which featured a series of questions organized around Brazil's five geographic regions. While the debate featured some heated personal exchanges, it appears unlikely to have moved the needle in either direction heading into a close race.

Bolsonaro has narrowly led in recent polls, and enters the second round with some structural advantages. Most importantly, he enjoys the backing of three of the four other major candidates in the race, who failed to advance to the second round. 

Self-help author Augusto Cury, former Goias Governor Ronaldo Caiado, and former Minas Gerais Governor Romeu Zema all officially backed Bolsonaro in the second round.

Entrepreneur Renan Santos, candidate for the Mission Party, declined to endorse either candidate. However, as his political movement is characterized as free-market and libertarian, these voters are also more likely to trend to Bolsonaro.

Thus, Lula needs to win a significant majority of first round voters who backed right-wing or center-right candidates. It's a daunting, but not impossible, proposition.

The entire election may hinge on voters who are voting against a candidate, as much as for a candidate.

Another question looming over the election: has Lula finally worn out his welcome with the Brazilian electorate?

This will be Lula's seventh time in 40 years appearing on a presidential ballot: he lost elections in 1989, 1994, 1998, won in 2002, 2006, and 2022.

Lula famously promised to serve only one term when he ran to oust Jair Bolsonaro in 2022. 

On October 25, 2022, just five days before the last second round presidential election, he posted on his official X account: "If elected, I will be a single-term president."

It was a promise that he did not keep.

Various polls have shown that voters are not happy with the course of Lula's third term, and even a sizable percentage of Lula backers in 2022 responded with pessimism on the prospect of an unprecedented fourth term.

However, a large percentage of the Brazilian electorate also consistently rejects the prospect of voting for another Bolsonaro for president.

Lula is unquestionably the dominant figure in Brazilian politics over the past half-century. But will his magnetism and charisma be enough to overcome the right-wing resurgence sweeping the continent?