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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