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Belo Horizonte City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

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    Country Profile

  • 31 Pages
  • September 2023
  • Region: Global
  • MarketLine
  • ID: 5949826
“City Profile - Belo Horizonte” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Belo Horizonte.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Belo Horizonte metropolitan area/region or Greater Belo Horizonte is one of the 26 metropolitan regions in Brazil. In 2022, the economy of the Belo Horizonte metropolitan area in Brazil exhibited positive growth, expanding by 2.9%, primarily driven by the service sector, labor market recovery, and increased household consumption. The tertiary sector played a significant role, contributing 71.9% to the total GVA in 2022, with the service sector leading the growth.

Scope

  • The service sectors remain the key contributors to the regional economy and the major employers.
  • The construction sector in Belo Horizonte metropolitan area played a pivotal role, contributing 4.9% to the area's total GVA and adding BRL15.1 billion ($2.9 billion) to the economy in 2022. Despite inflation pressures and rising construction costs, investor confidence remained strong. Additionally, significant investments, such as Bravo Motor Company's electric vehicle manufacturing plant and the expansion of Metro Belo Horizonte, further bolster the construction landscape.

Reasons to Buy

  • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
  • Analyze and understand the business environment in the city to align your investment and expansion strategies.
  • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
  • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot
2. PEST Analysis
2.1 Political
2.2 Economic
2.3 Social
3. Technology and Infrastructure
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. Business Environment Analysis
5. Travel and Tourism
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. Construction and Real Estate
6.1 Investment
6.2 Real Estate Market
7. Retail
7.1 Retail Market
7.2 Consumption, Income and Prices
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List of Tables
Table 1: Belo Horizonte metropolitan area - key facts (estimates), 2022
Table 2: Belo Horizonte metropolitan area - real GDP and real GDP growth, 2000-30
Table 3: Belo Horizonte metropolitan area - economic growth comparison (Index 2010=100), 2000-30
Table 4: Belo Horizonte metropolitan area - GDP per capita comparison, 2000-30 ($)
Table 5: Belo Horizonte metropolitan area - employment structure, 2000-30 (% of total)
Table 6: Belo Horizonte metropolitan area - main universities, 2022
Table 7: Belo Horizonte metropolitan area - population comparison, 2000-30 (million)
Table 8: Belo Horizonte metropolitan area - population by age, 2000-30 (% of total)
Table 9: Belo Horizonte metropolitan area - BH International Airport: passengers, 2017-23* (number)
Table 10: Belo Horizonte metropolitan area - BH International Airport: aircraft movements, 2017-23* (number)
Table 11: Belo Horizonte city - total tourist flow, 2015-21 (Number)
Table 12: Belo Horizonte city - Hotel KPIs, 2019-22
Table 13: Belo Horizonte metropolitan area - MICE and other events
List of Figures
Figure 1: Belo Horizonte metropolitan area - real GDP and real GDP growth, 2000-30
Figure 2: Belo Horizonte metropolitan area - economic growth comparison (Index 2010=100), 2000-30
Figure 3: Belo Horizonte metropolitan area - GDP per capita comparison, 2000-30
Figure 4: Belo Horizonte metropolitan area - employment structure, 2000-30 (% of total)
Figure 5: Belo Horizonte metropolitan area - population comparison, 2000-30
Figure 6: Belo Horizonte metropolitan area - population by age, 2000-30 (% of total)