Brazil Industry Reports

According to a Swiss Re report from 2023, Brazil was the 12th largest market in the world in terms of insurance premiums written, mainly due to its large population. In terms of density, however, Brazil lags behind its regional peers and developed ...

In 2024, Brazil's banking sector navigated a challenging yet rewarding year, delivering strong financial results amid a backdrop of high interest rates and renewed monetary tightening. The sector reported a net income of approximately BRL 327bn, the ...

Brazil's information technology (IT) market remained in 10th place globally in 2024, reaching a market value of USD 58.6bn, according to the Brazilian Association of Software Companies (ABES). The number of businesses focused on software development ...

According to the International Energy Agency (IEA), demand for global electricity grew by an estimated 4.3% y/y in 2024, up from 2.5% in 2023, driven by expanded electrification globally. Most of the 2024 growth came from emerging economies, ...

In 2024, electricity generation in Latin America and the Caribbean (LAC) grew by 5.5%, primarily driven by the expansion of wind and solar photovoltaic plants, as well as an increased share of natural gas in the energy matrix. In order of ...

The Brazilian automotive industry is undergoing a profound transformation, driven by the post-pandemic recovery, electrification trends and intensified global competition. In 2024, Brazil produced 2.5mn units, maintaining its position as the largest ...

In 2024, Brazil led Latin America in terms of the number of fintech companies, reaching a total of 1,706, according to data from Distrito. It also recorded the highest number of investment deals in the region, with 1,157 in the same year. This rapid ...

Latin America is home to some of the world's largest reserves of metallic minerals, including copper, iron ore and zinc. As such, the region has numerous metal processing companies and plays an important role in the global trade of metals such as ...

Latin America's role in the global automotive sector has diminished in the past ten years. In 2023, the region accounted for 7.6% of the world's production and 5.9% of global sales. Nine out of every ten vehicles manufactured in the region are made ...

Brazil's vast mineral resources, integrated manufacturing industry, and sizable domestic market make it a leading player in the global metal processing sector. According to the United States Geologic Service (USGS), the country is one of the world's ...