Neymar scored the decision penalty after Nils Petersen missed Germans last to make it 5-4 as Brazil wins their first ever Olympic gold medal in men’s football.
The game which saw Germany hitting the woodwork three times in first half finished 1-1 after extra time, with Neymar’s first-half free-kick cancelled out by Max Meyer’s strike.
In the shootout, Germany’s Petersen had his penalty saved by Weverton before Neymar won it.
Barcelona forward Neymar, opened the scoring with a fine 25-yard free-kick, but the hosts were lucky to go in at half-time with the lead.
Germany hit the woodwork three times in the first half – through Julian Brandt’s 25-yard effort, a deflection off a Brazilian defender and Sven Bender’s header – before they scored a deserved equaliser shortly through Meyer after the restart.
But neither side could find a winner before the drama of the penalty shootout gave Brazil the gold.