The chart illustrates the changes that took place in the percentages of five various industries that contributed to Brazilian economy, including prediction for 2029.
Overall, it’s expected that all figures will whether stagnate or decrease over the period except the proportion of finance. While the finance is estimated to contribute the economy of Brazil significantly, the food processing industry may not boost economic development as much as others in the group.
When it comes to finance, it grew noticeably from nearly 30% in 2009 to 35% in 2009 and, in the next 10 years, there is foretold to be considerable increase in its share to 40%, which is the most dominant figure among all other 4 sectors. Contrastingly, the percentage of oil, gas and coal is foreseen to remain unchanged at 25% over the entire span, with a peak at almost 30% in 2019.
As of the proportion of tourism industry, it decreased from 25% by 5% with correspondence to 2009 and 2019 and it is anticipated that it will have experienced stabilization at 20% by 2029. It can be foretold that the share for manufacturing will decline from 20 to 5 (2009 for the former and 2029 for the latter). Finally, the figure of food processing doubled to 20% and it’s expected that it will drop to 10% until 2029, which is the least significant percentage in the end of the span.