Fortune Gems

Industry’s importance

The Industry’s importance in Brazil and the Manufacturing’s importance in Brazil present the role of Brazilian industry in the country’s economy. The importance of the sector is measured in production, formal employment and wages, exports, innovation expenditures and collected taxes.

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Industry’s importance for Brazil

In 2022, Industry accounted for 23.9% of the Brazilian GDP. The most recent data available also show that the industrial sector accounts for 69.3% Brazilian exports of goods and services and 66.4% of corporate investment in research and development.

11/05/2023

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