Brazil’s economic transformation is a dynamic and multifaceted scenario, where several financial mechanisms play a crucial role in moving capital and promoting growth. One of these mechanisms, often underestimated but tremendously effective, is the consortium system – are you familiar with it? Last year, this sector reached record numbers, showing a significant increase in quota sales and the volume of business carried out. These indicators not only underscore the success of the system, but also reinforce its growing importance in the Brazilian economy.
In today’s article, we will explore in depth the recent performance of consortia, the political and economic impacts, how and why this model continues to grow, where this format is possible, what the main trends are and more! Keep reading to not miss any details.
SECTOR PERFORMANCE IN 2023
Last year (2023) was marked by a remarkable performance of the consortium system in our country – the numbers speak for themselves: there was a significant growth in the sales of quotas and in the panama whatsapp data volume of business carried out. According to data from the Brazilian Association of Consortium Administrators (ABAC), the sector registered a 6.4% increase in the sales of new quotas compared to 2022, reaching a record of 4.18 million new memberships. In addition, the volume of business carried out reached the mark of R$ 316.70 billion, reflecting the robustness and confidence placed by consumers in this investment model.
This growth is a direct reflection of the resilience of the sector, which has managed to adapt to various economic changes and challenges. The ability to offer a viable and attractive alternative for personal and business financial planning has been fundamental to the continued success of consortia. We hear a lot about economic crises, countries going bankrupt... But when we stop to analyze the data from consortia, we can understand that the economy continues to turn, we just need to offer people a possible way.
IMPACT OF POLITICAL AND ECONOMIC CHANGES
In short, we can say that Brazil's political and economic scenario has been undergoing intense transformation in recent years, with significant changes resulting from the inauguration of new leaders, both at the federal and state levels. And we know that these changes have a direct impact on the economy, affecting consumer and business confidence.
In 2023, the consortium sector demonstrated a distinct ability to adapt to these changes. Political stabilization and the implementation of more favorable economic policies contributed to a more stable and predictable business environment. This, in turn, strengthened consumer confidence in the consortium system as a safe and efficient tool for the acquisition of high-value goods and services. It is not a question of “side A or side B”, just an observation of the facts: the continued growth of the consortium modality in the Brazilian economic scenario is proof of this ability to adapt.
CONTINUOUS GROWTH OF THE MODALITY
The growing awareness of the population about the importance of financial education has been a significant catalyst for the growth of the consortium system. It is logical: as consumers become more informed about the advantages and benefits of structured financial planning, consortiums emerge as an attractive option. This is because consortiums offer a disciplined form of savings, allowing consumers to plan their purchases efficiently and without the financial burden of high interest rates. This type of investment stands out as a viable solution for those seeking to acquire goods and services in a planned and economical manner, contributing to the financial sustainability of Brazilian individuals and families.