Growth in the Services and Industry sectors signals the strengthening of companies amid the economic recovery
Brazilian small and medium-sized companies achieved 4.5% growth in their revenue in 2024, according to data from the Omie SME Economic Performance Index. The result exceeded projections for the country’s GDP (Gross Domestic Product) growth, estimated by 3.5% according to the Focus Bulletin of the Central Bank of Brazil.
IODE-PMEs analyzes 736 economic activities in sectors such as Commerce, Industry, Infrastructure and Services, with annual revenue of up to R$50 million. The Commerce sector stood out with an increase of 8.1% compared to the previous year, driven by the resumption of domestic demand and the increase in real family income.
The South (8.4%) and Northeast (8.3%) regions recorded the highest growth, while the Southeast region increased by 3.7%. On the other hand, the Central-West presented a marginal growth of 0.1%, and the North region experienced a retraction of 10.4%.
The Services sector also showed recovery, with a 2.5% growth in revenue, contributing to the increase in the number of formal workers in areas such as financial services, transport, health and communication.
Industry, despite a slowdown in the 2nd half, closed the year with a 2.2% increase in revenue. Infrastructure had a slight growth of 0.8%, influenced by the election period and high interest rates.
