The bar chart illustrates the contribution made by various industries (finance, food processing, and manufacturing, tourism, oil, coal and gas) towards the economy of Brazil percentagewise in the year 2009, 2019 and future predictions for the year 2029 has also been predicted.
Overall, the finance industry remains the highest contributing factor towards the country’s economy and it is predicted to increase in near future. On the contrary, manufacturing industry’s contribution has declined over the years and there also has been a statistic which suggests that it would decline even more in the upcoming years.
The food processing industry was responsible for around 10% of the nation’s economy and it saw a rise in the year 2019 but it has been predicted that it would fall to being where it was two decades ago in 2029. The similar was the case with oil, coal and gas industry, which saw a rise upto 5 percent in 2019 but its contribution would again reduce in 2029 and come back to where it was 20 years ago. The tourism industry was booming contributing around 25% in 2009 but the percentage has fallen slightly by 5% and it is expected to remain the same in the next 10 years.
The industry which vastly contributes to the economy is the finance one, which remains to be the highest contributing factor since the year 2009 which is slightly above 30% and its number is expected increase even further by 10 percent. It’s completely the opposite scenario with the manufacturing industry where it is expected that by 2029 the contribution would lowered down thrice the percentage it was in 2009.
The bar chart illustrates the
contribution
made by various
industries
(finance, food processing, and manufacturing, tourism, oil, coal and gas) towards the
economy
of Brazil
percentagewise
in the
year
2009, 2019 and future predictions for the
year
2029 has
also
been predicted
.
Overall
, the finance
industry
remains the highest contributing factor towards the country’s
economy and
it
is predicted
to increase in near future.
On the contrary
, manufacturing
industry’s
contribution
has declined over the years and there
also
has been a statistic which suggests that it would decline even more in the upcoming years.
The food processing
industry
was responsible for around 10% of the nation’s
economy and
it
saw
a rise in the
year
2019
but
it has
been predicted
that it would fall to being where it was two decades ago in 2029. The similar was the case with oil, coal and gas
industry
, which
saw
a rise
upto
5 percent in 2019
but
its
contribution
would again
reduce
in 2029 and
come
back to where it was 20 years ago. The tourism
industry
was booming contributing around 25% in 2009
but
the percentage has fallen
slightly
by
5% and
it is
expected
to remain the same in the
next
10 years.
The
industry
which
vastly
contributes to the
economy
is the finance one, which remains to be the highest contributing factor since the
year
2009 which is
slightly
above 30% and its number is
expected
increase even
further
by 10 percent. It’s completely the opposite scenario with the manufacturing
industry
where it is
expected
that by 2029 the
contribution
would
lowered
down thrice the percentage it was in 2009.