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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The importance of industry for Brazil

In 2022, the industry employed 11.2 million formal workers, which corresponded to 21.2% of the total formal employment in the Brazilian economy. The salaries paid by the industries were higher than the national average, and this difference is greater for workers with a higher level of education.

May 29, 2024

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