Brazil is a country that is known for its beautiful beaches, vibrant culture, and rich history. It is no wonder that tourism is a significant contributor to the Brazilian economy. In this article, we will explore how much money Brazil makes from tourism.
Overview of Tourism in Brazil
Before we dive into the numbers, let’s take a quick look at the state of tourism in Brazil. According to the World Travel and Tourism Council (WTTC), travel and tourism contributed 8.1% to Brazil’s GDP in 2019. The same report states that the industry supported over 7 million jobs in the country.
Domestic Tourism
Domestic tourism plays a significant role in Brazil’s tourism industry. In 2020, domestic tourists made up around 90% of all tourist arrivals in Brazil due to travel restrictions caused by the COVID-19 pandemic. According to Embratur (the Brazilian Tourist Board), domestic tourism generated around BRL 41 billion ($7.6 billion) during the first half of 2020.
International Tourism
While domestic tourism is undoubtedly essential, international visitors also contribute significantly to Brazil’s economy. According to Statista, Brazil received around 6.6 million international tourists in 2019, generating approximately $5.9 billion in revenue.
Top Countries Visiting Brazil
- Argentina
- United States
- Chile
- Paraguay
- Uruguay
Argentina remains the largest source market for international visitors to Brazil, making up around one-third of all arrivals.
Tourism Revenue by Region
Tourism revenue generated by each region varies significantly across Brazil:
- Southeast: BRL 41.3 billion ($7.6 billion)
- South: BRL 11.8 billion ($2.2 billion)
- Northeast: BRL 10.9 billion ($2.0 billion)
- Central West: BRL 3.4 billion ($630 million)
- North: BRL 1.5 billion ($278 million)
Conclusion
In conclusion, tourism is a significant contributor to Brazil’s economy, generating billions of dollars in revenue and supporting millions of jobs. While the COVID-19 pandemic has undoubtedly affected the industry, Brazil remains a popular destination for both domestic and international travelers alike.
If you’re planning a trip to Brazil, be sure to check out its stunning beaches, exciting cities, and rich cultural heritage – you won’t be disappointed!