Key Market Indicators
Brazil's tourism receipts are projected to climb to $22.3 billion by 2028, up from $21.6 billion in 2023. This marks an average annual growth rate of 0.5%. Notably, since 2000, the market has experienced a slight decline, averaging a 0.6% decrease year on year. In terms of tourist arrivals, the country is expected to welcome approximately 7.2 million visitors by 2028, compared to 6.8 million in 2023. This represents a compound annual growth rate (CAGR) of 0.9%. Unlike tourism receipts, the number of arrivals has shown a positive trend since 2000, with an average annual increase of 0.6%. These figures highlight a modest but steady growth trajectory for Brazil's tourism industry over the next few years.
Latest reports
Brazil Tourism Market Report- Q4 2024
The Brazil Tourism market in Q4 2024 has shown remarkable growth, driven by record foreign visitor spending, strategic international partnerships, and the integration...
Brazil Tourism Market Report - Q4 2024
In the fourth quarter of 2024, Brazil's tourism sector demonstrated significant resilience and growth despite economic challenges. The international tourism revenue reached an...