Manufacturing Sector Contribution to GDP in Brazil (1990-2022)

Manufacturing Sector Contribution to GDP in Brazil (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Brazil (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Brazil
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Brazil’s manufacturing sector contribution saw an initial high of 22.8% in 1990 but began declining in the mid-1990s, especially after economic liberalization in 1994. By 1995, the share dropped to 14.5% due to increased imports and structural shifts towards services. Modest gains in the 2000s aligned with commodity booms but waned post-2010, falling to 10.2% in 2021. Brazil’s manufacturing share increased slightly in 2022 to 11.1% amid efforts to boost industrialization post-pandemic. The current level reflects Brazil’s dependence on commodity exports and challenges in fostering a competitive manufacturing base.

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