The Brazilian Ministry of Development, Industry, Trade and Services launched the InvestVis platform, which allows the general public to learn about investments made in Brazil and around the world.
The tool allows users to see which countries invest the most in Brazil, which economic sectors receive the most international investment, where Brazilian investments are going, and global investment trends.
The first of its kind, the platform is said to make it easier to monitor the dynamics of investments and can help inform government decisions and strategies in the private sector.
Brazil’s vice-President and Minister of Development, Industry, Trade and Services Geraldo Alckmin on his social media described InvestVis as a powerful tool for companies, policymakers, researchers, journalists, and anyone interested in Brazil’s economic development.
“Brazil has shown great potential for attracting international investment. We were among the top five countries to receive these funds in 2023, and we’ve continued to make progress this year. This is essential for the growth of our economy and the creation of jobs,” he wrote.
Created by the Foreign Trade Chamber, the tool brings data on foreign direct investments made in Brazil and around the world together on a single website. Users can also draw comparisons between nations.
Data on Brazil
In domestic figures, InvestVis points out that Brazil was among the five countries that received the most foreign direct investment in 2023.
Services received 67.1 percent of total foreign investment. Industry, in turn, accounted for 18.2 percent.
Last year, the US was the country that invested the most in Brazil, with 25.8 percent of the funds entering the country. This was followed by the Netherlands (13.3%) and the UK (11.1%).
Source: Agência Brasil