Carnival in Rio: economic impact 2020-2023

Published by
Ana M. López,
Feb 15, 2023
According to an early 2023 forecast, the Carnival in Rio de Janeiro, Brazil, could produce an economic impact of around 4.5 billion Brazilian reals. Based on the exchange rate of February 13, 2023, this figure equals roughly 867 million U.S. dollars.

Economic impact of Carnival in Rio de Janeiro, Brazil in 2020, with a forecast for 2023 (in billion Brazilian reals)

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Release date

February 2023

Region

Brazil

Survey time period

2020

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Topics

Rio de JaneiroTravel and tourism in BrazilBrazilCrime and violence in BrazilCarnival in Brazil
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