The bar chart below illustrates the percentage shares of five different industries in Brazil’s economy for the years 2009 and 2019, with a forecast for 2029. Overall, the financial sector has the highest revenue within Brazil’s economy, showing an increase over these three years.
The five industries represented are finance, food processing, manufacturing, tourism, and oil, coal, and gas. In 2009, the financial sector held the largest share, slightly over 30%. Following it were tourism and mining products, each exceeding 25%. Manufacturing and food processing accounted for 20% and 10% respectively, making food processing the smallest sector.
By 2019, both the finance and food processing sectors increased their shares by more than 5% and 10% from their initial percentages; however, the financial sector still maintained the highest share. Mining products continued to follow closely behind at around 30%, while tourism and manufacturing saw a decline of 5% from ten years prior.
Looking ahead to the forecast for 2029, the financial sector is projected to retain the highest percentage. In contrast, mining products are expected to decline, along with food processing and manufacturing. Additionally, the tourism sector is expected to remain stagnant compared to its position a decade earlier.
