Impacts of QuintoAndar Group
on the Brazilian Economy
Understand the impact of operations on the economy between 2021 and 2024, in partnership with Cedeplar-UFMG researchers.
About QuintoAndar's Economic Impact
The study used an inter-regional computable general equilibrium (CGE) model developed by UFMG researchers to analyze the effects of QuintoAndar Group's operations on macroeconomic, sectoral, and regional indicators, including GDP and employment.
The results demonstrate the solidity and relevance of the business at a national level, considering not only direct impacts but also indirect and induced effects throughout the supply chain and on household consumption.
Main highlights:
R$ 10 billionwas the value added to the national GDP between 2021 and 2024
105,000direct and indirect jobs were generated in the same period