Rio de Janeiro – The Southeast concentrates companies that grow most in Brazil. That is, those with average expansion of over 20% a year in number of wage earners. The figures are part of the Company Demography study, disclosed on Wednesday (27) by the Brazilian Institute for Geography and Statistics (IBGE) and it uses classification developed by the Organisation for Economic Co-operation and Development (OECD).
In Brazil, 53.6% of these companies are in the Southeast. There are another 19.6% in the South, 14.8% in the Northeast and 7.4% in the Midwest. The figures refer to 2008. In the period, the Southeast of Brazil also had little over half (50.6%) of local units of companies with wage-earners. The region is followed by the South (22.2%), Northeast (15.4%), Midwest (8%) and North (3.8%).
Among the 371,600 Brazilian companies with over ten wage-earners in 2008, 8.3% presented great growth. In the analysis of activities, the study shows that companies with high growth were mainly in the sectors of transformation (27.4%), trade (26.4%), construction (12.2%) and administrative activities and complementary services (7.8%).
The level of 8.3% of companies with high growth is, according to the IBGE, high for international standards. In the period between 2002 and 2005, companies with high growth were around 3% in Australian and Canada, and 6% in countries like the United States and Spain.
The study also shows that companies with this profile play a significant role in the generation of formal jobs. Between 2005 and 2008, they were responsible for the creation of 2.9 million work posts, or almost 60% of the 5 million jobs generated in the country. In 2008 alone, there were 30,954 companies with great growth in Brazil. They were responsible for the generation of 4.5 million jobs in Brazil (16.8% of the total) and paid on average 2.4 minimum wages a month.
*Translated by Mark Ament
