Forecast: Number of Employees in Activities Auxiliary to Financial Service Activities (Except Insurance and Pension Funding) Sector in Brazil

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.

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