Inbound arrivals in Brazil registered a 3% decline in 2017 to 6.4 million trips. Thus, the performance in 2017 was much weaker than the 2% CAGR witnessed over the review period. However, this downward movement can be partially explained by the 4% increase in 2016, largely due to Brazil’s hosting of the Rio 2016 Summer Olympics. Moreover, Brazil’s image among foreigners is marked by urban violence, political instability and economic crisis – the country’s GDP dropped by 3.6% in 2016, the worst performance since the early 1990s.
The number of inbound arrivals is expected to register a 5% volume CAGR over the forecast period to reach 8.3 million trips by 2022. This is twice as high as the equivalent CAGR of the review period. The electronic issuing of visas to important non-Latin American source markets (namely, Japan, Australia, Canada and the US) included in the Brasil + Turismo package of measures to boost tourism in the country is expected to increase the number of inbound tourists from these countries.
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This industry report originates from Passport, our Travel And Tourism market research database.