The Impact of the Pandemic in Brazil
Services such as retail stores, bars, and restaurants account for 70% of Brazil’s GDP.
The non-durable goods sector, such as food and hygiene items, helped mitigate the negative economic impact of the pandemic.
Since the start of the pandemic, there has been a 48.3% increase in overall product consumption.
The migration of Brazilian consumption to online environments was expected to take decades—but it happened within weeks.