Brazil: economic impact of COVID-19 on tourism 2019-2020

The contribution of the tourism sector to Brazil's GDP in 2020 was estimated to decrease 38.9 percent in relation to the previous year. In Brazilian reals, this could mean a decline from the recorded 270.8 billion in 2019 (around 51.5 million U.S. dollars based on April 15, 2020 exchange rates) to 165.5 billion (around 31.5 million U.S. dollars) by the end of 2020.

Contribution of the tourism sector to the gross domestic product in Brazil in 2019 and 2020

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Sources

Release date

March 2020

Region

Brazil

Survey time period

2019

Supplementary notes

* Forecast

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Statistics on "Coronavirus (COVID-19) in Brazil"

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