Industry’s importance
The Industry’s importance in Brazil and the Manufacturing’s importance in Brazil present the role of Brazilian industry in the country’s economy. The importance of the sector is measured in production, formal employment and wages, exports, innovation expenditures and collected taxes.
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Industry’s importance for Brazil
In 2023, Industry accounted for 25.5% of the Brazilian GDP. The most recent data available also indicate that the industrial sector accounted for 66.6% of Brazilian exports of goods and services, 66.8% of business investment in research and development, and 37.9% of federal tax collection.
March 13, 2024