Forecast: Value of E-money Payments in Brazil

The value of e-money payments in Brazil has experienced a significant fluctuation over the past decade. In 2023, the value reached 2.76 billion USD. After notable growth from 2013 to 2018, a decline followed in 2019 and 2020, with a slight recovery and stabilization from 2021 onwards. The year-on-year variation showed a sharp increase in 2017 and 2018 but fluctuated from 2019 to 2023. Over the last five years, the average annual growth rate (CAGR) was 0.17%. Forecast data from 2024 to 2028 suggests a steady increase at a 5-year CAGR of 3.03% with an overall growth rate of 16.1%.

Future trends to watch for may include technological advancements in payment systems, increased e-commerce adoption, regulatory changes, and broader financial inclusion initiatives in Brazil. These factors could influence the continued growth and stability of e-money payment values.