IBGE Releases 2024 Industrial Survey Showing Manufacturing Dominance and a Break in the Series

Overview

• The IBGE published the PIA‑Empresa for 2024 on Wednesday, June 24, 2026, reporting R$6.8 trillion in net industrial sales for firms active at the end of 2023.
• Manufacturing accounted for more than 90% of industrial revenue and employment, with R$6.3 trillion in sales and about 8.4 million of the sector’s 8.7 million jobs.
• Large firms with 500 or more employees captured roughly 67.9% of industrial revenue, about R$4.6 trillion, showing strong concentration of income in a small number of companies.
• Food manufacturing was the single largest segment, responsible for 23% of industry revenue and for roughly 2.1 million jobs in 2024.
• IBGE changed how it defines active firms after RAIS stopped providing an activity indicator, combining employee records and tax declarations to set the new rule, which breaks the historical series and limits year‑to‑year comparisons while most strongly affecting very small firms.