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Publicly traded companies account for R$ 4.1 trillion in Brazil, study finds

Publicly traded companies in Brazil were responsible for generating R$ 4.1 trillion in economic value, according to a study conducted by Fundação Getulio Vargas (FGV) for the Brazilian Association of Publicly Held Companies (Abrasca). The figure reflects the broad economic impact of these companies, including payments made in taxes, wages and labor charges, as well as expenditures with suppliers. The study analyzed 270 listed companies that met specific methodological criteria, excluding holding companies, smaller firms, and those without complete financial statements.

The data show that these companies paid approximately R$ 640 billion in taxes, R$ 475 billion in salaries and labor-related charges, and nearly R$ 3 trillion to suppliers, highlighting their relevance across the entire production chain. In terms of value added, publicly traded companies generated around R$ 2.1 trillion, representing close to 18% of Brazil’s Gross Domestic Product. The study also indicates that these companies are responsible for about 2.8 million direct jobs, with average remuneration significantly higher than the national average.

Overall, the findings reinforce the central role of publicly traded companies in the Brazilian economy, not only as drivers of wealth creation and employment, but also as key contributors to tax revenues and economic development.

Photo: Canva

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