Forecast: Total Tourism Employment in Brazil

Brazil's total tourism employment fluctuated over the past years, with significant incremental changes. The 2023 figure stood at 2.64 million units. From 2013 to 2023, employment grew from 2.2 million units, experiencing an average annual increase (CAGR) of 1.07% over the past five years. Year-on-year variations show notable shifts, such as an 8.33% rise in 2016 and a 3.85% decline in 2018. More recent trends indicate modest growth, with annual increases of approximately 0.76% post-2020.

Looking ahead, forecasted data from 2024 anticipate steady, albeit modest growth. By 2028, employment is projected to reach 2.73 million units with a 5-year CAGR of 0.54%, equivalent to an overall growth rate of 2.71%. Future trends to monitor include potential impacts of global travel dynamics, economic conditions, policy changes, and technology advancements on employment in Brazil's tourism sector.