The population in Brazil's urban agglomerations of more than 1 million people showed a steady increase, with forecasted figures rising from 43.06% in 2024 to 43.88% by 2028. In 2023, the percentage stood slightly lower, indicating a consistent urbanization trend. The year-on-year growth rate remains stable between 0.4% and 0.5%. The compound annual growth rate (CAGR) over the five-year span is about 0.50%, showcasing a modest rise in urban populations.
Future trends to watch for include the impact of infrastructure developments, economic factors, and housing policies on urban migration. Monitoring these elements will provide insight into how this urban growth trajectory might accelerate or stabilize further.
