Forecast: Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP in Brazil

In 2024, the forecasted contribution of the Wholesale, Retail Trade, Restaurants, and Hotels sector to Brazil's GDP is projected to be 17.78%, showing a steady increase compared to the previous few years. The year-on-year projected growth for the years 2025 to 2028 ranges from 1.07% to 0.98%. This sector is anticipated to maintain a consistent growth trajectory, with a compound annual growth rate (CAGR) of approximately 1.01% over the forecast period, underscoring its significant role in the nation's economic landscape.

Future trends to watch include:

  • Development and modernization of retail infrastructure.
  • Digital transformation across wholesale and retail segments.
  • Increased investment in the hospitality sector to cater to both domestic and international tourism.
  • Focus on sustainable practices and green initiatives within these sectors.
  • Potential shifts in consumer behavior influenced by economic factors and global trends.

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