Forecast: Turnover in Accounting, Bookkeeping and Auditing Activities; Tax Consultancy Sector in Brazil

In 2023, the turnover in the Brazilian accounting, bookkeeping, auditing activities, and tax consultancy sector stood at 26.38 billion Brazilian Reals. Forecasts for 2024 to 2028 suggest a steady growth trajectory, with an annual increase of approximately 3.5%. Specifically, the turnover is expected to rise from 27.28 billion in 2024 to 31.02 billion Brazilian Reals by 2028, reflecting a compounded annual growth rate (CAGR) of about 4.1% over five years.

Future trends to watch include:

  • Digital transformation and automation, which could enhance efficiency and service delivery in the sector.
  • Regulatory changes that may impact compliance requirements and demand for consultancy services.
  • The potential for increased global economic integration, which could expand the scope of accounting and tax consultancy services.

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