The bar chart shows the percentage of five prominent industries in Brazilian society for each decade, from 2009 to 2019, and provides a forecast for 2029. The finance industry consistently ranks first, regardless of the time period, highlighting the strength of Brazil’s financial sector. By 2029, it is forecasted that the finance industry’s percentage will increase by at least 10%, reaching 42%.
Tourism and fossil energy occupy the middle ranks in Brazil’s economy. In 2009, both industries held the same percentage at around 25%, which was the highest percentage for tourism in 30 years. However, by 2019, fossil fuels, including oil, coal, and gas, had risen by over 10% compared to the stagnation seen in 2009 and the forecasted figures for 2029.
Food processing is the weakest sector among the five in Brazil’s economy. Due to the impact of the COVID-19 pandemic in 2019, food processing peaked at 20%. However, as the economy returns to normal, the forecast for this market predicts a return to its previous level of 10%.