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Brazil invested $19.4 billion in travel and tourism capital expenditure in 2024 — 5.0% of total national capex. WTTC EIR 2025 classifies the demand momentum as declining, with the sector ranked 13th among 42 panel economies and a ten-year forecast share of GDP at 7.6% in 2035.
Hero metric
$19.4 billion tourism capex (2024)
Source
WTTC EIR 2025
Last updated
2026-05-12
KEY FIGURES
T&T capex (2024)
$19.4 billion
Share of total national capex
5.0%
Capex rank
13th of 42
Demand momentum
Declining
GDP share forecast (2035)
7.6%
Tourism YoY growth (2024)
3.4%
Key figures
TOURISM GDP SHARE — 5-YEAR TREND
Brazil's $19.4 billion 2024 tourism capex represents 5.0% of national capital formation. WTTC's forward outlook for Brazil carries a declining demand-momentum label, the agency's most actionable forward signal.
FREQUENTLY ASKED QUESTIONS
WTTC EIR 2025 classifies Brazil's tourism momentum as declining. The sector accounts for 5.0% of national capex and ranks 13th of 42 panel economies.
$19.4 billion of capital expenditure flowed into Brazil's travel and tourism sector in 2024 (WTTC EIR 2025).
WTTC projects Brazil's tourism share of GDP to reach 7.6% by 2035, up from 7.7% in 2024.
Tourism GDP grew 3.4% year-over-year in 2024 in Brazil, and demand momentum is rated declining by WTTC EIR 2025.
Brazil ranks 13th of 42 economies on tourism capex share. Combined with a 7.7% GDP share and declining momentum, it offers a mature, defensive allocation in the global tourism asset class.
METHODOLOGY & SOURCE
Every numeric claim on this page is sourced from WTTC EIR 2025 (WTTC EIR 2025 — Brazil, p. 1). Last accessed 2026-05-11. No figures are estimated, modelled, or AI-generated — DataGreat's narrator is locked to WTTC values verbatim.
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