Forecast: Tourism Employment in Brazil

Tourism employment in Brazil stood at 2.2425 million jobs in 2023. Over the past decade, the sector has experienced moderate growth, with variations influenced by multiple factors. Between 2013 and 2023, employment increased consistently, albeit at differing rates. The year-on-year variations reflect periods of both growth and relative stability, with minor fluctuations primarily owing to economic and global events.

From 2019 to 2023:

• Year-on-year variation hovered around 0.7% annually.

The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was approximately 1.0%, indicating steady, albeit slow, growth in tourism employment within this period.

Future forecasts up to 2028 suggest continued growth at a lower CAGR of 0.5%, predicting a total increase of 2.52% over the next five years. This indicates more modest and stable growth for the sector, aligning with long-term trends of incremental increase.

Future trends to watch include:

• Impacts of global economic changes and inflation on travel affordability.
• Effects of environmental and sustainability issues on tourism policies and employment.
• Technological advancements in service delivery sectors.
• Shifts in global and domestic travel behaviors post-pandemic recovery.