Roraima's Economy Evolves After Arrival of Venezuelans -

Roraima’s Economy Evolves After Arrival of Venezuelans

Written by Paulo Nogueira

Published on 02/02/2020 at 19:29

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The Previous Year’s Electoral Campaign Directly Addressed the Migration of Venezuelans to the State of Roraima

Throughout 2017 and 2018, Roraima’s GDP, a state with 79% of its economy based on services and a strong influence from the public sector, grew by 2.3%, while other states experienced growth of 1.4%.

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“Not only the Federal Government, mainly through the Army, but several international institutions have started to operate in the state and the economy of Roraima. This caused people to migrate from other locations, institutions to open offices in the state, and the Brazilian Army to continually send contingents there. Thus, the economy began to respond positively”, says researcher Wagner Pereira from FGV.

About the Study

“The study is unable to attribute all the additional growth that the state of Roraima has experienced due to migration flow, especially since in 2016 and 2017 the flow was not so high, and the federal government’s response had not yet begun”, Pereira explained. Nevertheless, he stated that other indices covering the years 2018 and 2019 allow measuring the impact of migration flow on Roraima’s economy.

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Exports

The volume of exports increased more than five times in the oil industries. Between 2010 and 2014, trade between Roraima and Venezuela totaled R$ 15.3 billion. Between 2015 and 2019, it amounted to R$ 84.2 billion. Thus, it can be concluded that the migration of Venezuelans to the state of Roraima had a positive effect not only for the state but also for the national territory.

Roraima’s Economy Evolves After Arrival of Venezuelans

The Previous Year’s Electoral Campaign Directly Addressed the Migration of Venezuelans to the State of Roraima

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About the Study

Exports

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Roraima’s Economy Evolves After Arrival of Venezuelans

The Previous Year’s Electoral Campaign Directly Addressed the Migration of Venezuelans to the State of Roraima

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About the Study

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