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Brazil had 1.3 Million Companies in the Service Sector Alone in 2017

Brazil had 1.3 Million Companies in the Service Sector Alone in 2017

RIO DE JANEIRO, BRAZIL – The Annual Services Survey (PAS 2017), released yesterday, August 28th, by the Brazilian Institute of Geography and Statistics (IBGE), shows that in 2017 there were 1.3 million companies providing non-financial services in Brazil, with a net operating revenue of R$1.5 trillion (US$375 billion) and a gross added value of R$906.5 billion. These companies employed 12.3 million people, to whom they paid R$336.7 billion in salaries, paychecks, and other remunerations.