Brazil: construction industry growth rate 2020-2024

The construction industry in Brazil was forecast to shrink by 1.8 percent in 2020, in comparison to the previous year, a result of the slowdown in the sector caused by the COVID-19 pandemic and its associated lockdown measures. For the following years, the sector is expected to resume growing, with an year-on-year rate of two percent in 2021.

Growth rate of the construction industry in Brazil from 2020 to 2024

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Source

Release date

June 2020

Region

Brazil

Survey time period

2020

Special properties

forecasts as of June 2020; year-on-year growth rate

Supplementary notes

* Before the COVID-19 pandemic, the sector was forecast to grow by 1.7 percent in 2020.
** Average annual growth rate for the period.

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Statistics on "Construction industry in Brazil"

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