Study developed by the National Association of Music Industry (Anafima) presents important Daods to understand the sector
THE National Association of Music Industry (ANAFIMA) presented a study called “The music GDP in Brazil” which reveals, among other numbers, how much the music market moved in the country in 2024.
According to the survey, the sector turned R $ 116 billion in the Brazilian economy last year alone. The largest slice ($ 94 billion) of this cake comes from shows and live performances.
Next appear: purchase and sale of audio equipment (R $ 13.9 billion), recording music and records (R $ 3.4 billion), public promotion (R $ 2.6 billion) and copyright (R $ 1.8 billion).
The GDP of Music in Brazil:
- Live shows: R $ 94 billion
- Purchase and sale of equipment: R $ 13.9 billion
- Recorded music (records and streaming): 3.4 billion
- Public Promotion: R $ 2.6 billion
- Copyright: R $ 1.8 billion
According to Daniel A. NevesPresident of Anafima, the sector is expanding, but can still be expanded considerably if it receives more tax incentive and investment.
He explains (via UBC):
“The music market is as important as any other big market. Often, our sector is considered hobby, entertainment, something smaller. With this study, we hope to direct the look to a fundamental industry, which still receives very little investment in GDP.”
The Streaming Strength
In the context of recorded music, streaming currently appears as the main consumer product, corresponding to 87% of the R $ 3.4 billion generated in this segment. Among the platforms available in the country, the Spotify Leads the market, with 60.7% share.
These numbers position the Brazil as one of the 10 largest world markets regarding streaming consumption (via Folha de S. Paulo).
Composer still receives little
A worrying aspect pointed out by the study is that the composer still appears with a very small slice of profit in this productive chair.
Of the R $ 3.4 billion generated with music recorded in Brazil in 2024, only R $ 250 million They went to the pockets of those who create the songs – that is, receives copyright.
To the GlobeDaniel A. Neves warned:
“The artist, the composer or the interpreter of a song is not rewarded as it should. As much as there is the expression ‘creative economy’, music is not yet understood as economics. The artist needs to be more valued in Brazil.”
Concentration by Region
The study was presented by Anafima at the event Connect + Music and Marketin São Paulolast Thursday, 18.
He also widens that the Southeast concentrates the largest slice of the national phonographic market, with 53% share in the number of companies.
Concentration of the phonographic market:
- Southeast: 53%
- South: 17.4%
- Northeast: 17.2%
- Midwest: 8.6%
- North: 4%
+++ Read more: the 10 international artists who attracted the most public in SP in 2024
+++ Read more: know how many people were each of the days of The Town 2025
+++ Read more: the 3 most beloved music festivals in SP, according to research
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Source: Rollingstone

Emma Jack is a writer at Gossipify, covering fashion, beauty, lifestyle, and pop culture trends. She stays current on the latest trends and offers readers up-to-date information on what’s hot in the industry. With a background in fashion journalism from Parsons School of Design, she offers a unique perspective and analysis of current trends.