The bar chart compares the shares of various economic industries in Brazil in 2009 and 2019, with a prediction for 2029.
Overall, Finance consistently ranked first in terms of economic contribution in Brazil, whereas Food processing and Manufacturing were the lowest-ranking industries. It is also clear that only the finance sector is projected to grow in economic share by 2029.
In Brazil, Finance was the best-performing sector, rising from over 30% to more than 35% between 2009 and 2019. Over the following decade, its portion is predicted to reach above 40%, remaining the dominant industry in Brazilian economy. Oil, coal and gas ranked second, occupying around a quarter of the economy’s value in 2009 and nearly a third in 2019. However, the upward trend will be reversed by 2029, when the share of the industry is projected to drop to the same level as in 2009. By contrast, tourism represented approximately one-quarter in 2009 but declined by 5% ten years later and is forecast to remain at this rate in 2029.
Food processing and Manufacturing contributed the least to Brazil’s economic activities. The former stood at a mere 10% in 2009 and increased twofold in 2019; however, it is forecast to halve in 2029. Meanwhile, the latter initially made up roughly one-fifth, before dipping to 15%. Its downward trajectory is predicted to continue until 2029, in which its share will hit a bottom of 5%.