The given graph provides data on the proportion of five different industries’ share of Brazil’s economy from 2009 to 2019 with a forecast for 2029.
Over the period, had Finance sector gained influence from 2009 to 2019, and stands out in terms of having the largest share of Brazil’s economy and its shares shows continued growth. In contrast, the big loses is manufacturing, which sees both real and projected falls.
In detail, Finance, one of the aforementioned industries, saw a significant increase from nearly one-third in 2009 to more than a third 2019 and is predicted to see a continued growth in 2029 by again 5%. In contrast, manufacturing sector witnessed a dramatically fall from nearly fifth in 2009 to just above 15% in 2019, and it is predicted to continued downward tendency through dipping approximately 5% in 2029.
Similarly, during the 20-year period, tourism field became less popular, and the figure surprisingly dropped negligibly from roughly one quarter in 2009 to just above 20% in 2019, whereas it is forecasted to remain steady over the next 10 years. Nevertheless, the respective figures for food processing and oil, coal and gas industry showed some fluctuation and were roughly 10% and more than a quarter in 2009, reached the highest value in 2019, around 20% and nearly one-third respectively. However, the projected figures for 2029 shows that each of these sectors, food processing and oil, coal and gas, will be witnessed to a downward trend and return to their first proportion levels in 2009.
