The chart depicts the proportion of five several industries of Brazil’s economy in the year 2009 and 2019 with prediction for year 2029.
Overall, it is evident that the highest share of Brazil’s economy is owned by finance industry and is expected to peak in 2029 whilst the manufacturing industry has least ownership in the economy and is predicted to significantly decrease in 2029.
In 2009, initially, finance had owned around 30% which has substantially increased to 36% in the year 2019 and forecasted to own 42% of Brazil’s economy in 2029. Furthermore, both the industries food processing and oil, coal and gas had upsurged to 21% and 31% respectively in 2019. However, both are predicted to decline in 2029 by approximately 11% and 26% simultaneously. In addition, Brazil’s economy is owned by 26% of tourism in 2009, but had shrinked to 21% in 2019 and is expected to hover around 21% in 2029. Lastly, manufacturing had dramatic fall in ownership from 21% in 2009 to 16% in 2019 and is forecasted to be only 5% of the contributor to the economy of Brazil.
