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.
Discover additional trends and data on Brazil’s industry share in GDP, Brazil’s GDP balance estimate, Brazil’s government debt share.
