From 2013 to 2023, Brazil's Value Added of Financial Services exhibited robust growth with notable annual fluctuations. In 2023, the value stood at 558.04 billion Brazilian Reals. Year-on-year growth and CAGR metrics reveal variable progress: strong early growth (e.g., 16.92% in 2014) tapered to moderate increases, except for minor declines in 2018 and 2020. The 5-year CAGR average for 2019-2023 was 5.71%, reflecting resilient but uneven performance.
Looking forward, the forecast predicts consistent, albeit more subdued, growth: a 5-year CAGR of 3.12% and a total 5-year growth of 16.59% through 2028. Future trends to monitor include digital transformation impacts, regulatory changes, and global financial market influences, especially on emerging markets. Continued economic stability and technology-driven innovations could substantially affect the sector's trajectory.