The bar chart illustrates the percentage contribution of five different industries to Brazil’s economy in 2009 and 2019, with projections for 2029
Overall, services remained the largest contributor throughout the period and are expected to continue growing. In contrast, agriculture showed a downward trend. Manufacturing and construction experienced moderate changes, while oil and gas fluctuated slightly over time.
Overall, services remained the largest contributor throughout the period and are expected to continue growing. In contrast, agriculture showed a downward trend. Manufacturing and construction experienced moderate changes, while oil and gas fluctuated slightly over time.
In 2009, the services sector accounted for approximately 30% of Brazil’s economy, making it the dominant industry. This figure rose to around 35% in 2019 and is forecast to reach nearly 40% by 2029. By comparison, agriculture contributed about 10% in 2009, increased to roughly 15% in 2019, but is predicted to decline again to around 10% in 2029.
Manufacturing represented close to 20% in 2009 before decreasing to about 15% in 2019 and falling further to approximately 5% by 2029. Construction, on the other hand, remained relatively stable at around 20% in both 2009 and 2019, with a slight drop expected in 2029. Meanwhile, the oil and gas sector increased from roughly 20% to 25% between 2009 and 2019, before a modest reduction is projected for the final year.