Construction sector's share of GDP in Brazil 2000-2024

The construction industry made up over three percent of the gross domestic product (GDP) in Brazil in the third quarter of 2024. While the construction industry made up nearly 5.7 percent of the GDP in the third quarter of 2012 and 2013, it fell a lot in the years after that. One of the causes of that decrease may be the turmoil in which the industry has been in the years after 2014. That year, executives of some of the major companies in the sector were charged with corruption and money laundering in an investigation named "Operation Car Wash". In addition to that, the economic recession that hit the country that same year and the outbreak of the COVID-19 pandemic in 2020 have also had an impact in the industry.