Industries’ percentage share of Brazil’s economy

The bar chart below illustrates five different industries’ percentage share of Brazil’s economy in 2009 and 2019 with a forecast for 2029. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

Model answer by Lifestyle Training Centre

The provided bar chart outlines the percentage of contribution by five sectors of industries—finance, food processing, manufacturing, tourism, and oil, coal, and gas—towards the economy of Brazil in three different years: 2009, 2019, and including a prediction for 2029.

As a whole, it is observed that out of all the given five sectors, the Finance sector contributes the highest percentage, while the food processing and manufacturing sectors supply the least. Moreover, the finance sector is the only one that displays a consistent upward trajectory in terms of percentage over the years.

The finance sector, in the year 2009, accounted for around 30% of the economy. This share intensified to above 35% in the year 2019 and is expected to further increase to above 40% in 2029. Oil, coal, and gas, on the other hand, shared around 25% in 2009 and increased to above 30% in 2019. However, the percentage is predicted to plunge back to around 25% in 2029.

Food processing and manufacturing, being the least economic contributors, shared around 10% and 20% in the year 2009. While the percentage of food processing almost doubled to around 20%, the share of manufacturing shrunk to around 15% in the year 2019. Both food processing and manufacturing sectors are forecasted to share even less towards the economy in 2029, around 10% and 5%, respectively. Tourism, which accounted for around 25% of the economy in 2009, slightly decreased to around 20% in 2019. The value is predicted to remain the same in 2029.