In 2023, the number of employees in Brazil’s auxiliary financial services sector was approximately 53,000. The forecasts from 2024 to 2028 indicate a steady annual increase in employment figures, rising from 53.33 thousand in 2024 to 54.35 thousand by 2028. This represents an average annual growth (CAGR) of approximately 0.47% over this five-year period.
Future trends to watch for include:
- Technological advancements and automation, which could impact employment numbers by creating efficiencies or requiring new skill sets.
- Regulatory changes that might influence sector dynamics and staffing needs.
- Economic conditions in Brazil which could either bolster or weaken sector demand.
- Continued globalization of financial services potentially opening new markets.