Disbursements per business sector


The most remarkable highlight in 2011 was the support provided to large-scale structuring projects. The infrastructure sector led disbursements with R$ 56.1 billion or 40% of the allocated total. The most significant amounts went to highway transport, with R$ 26 billion; and electric energy, with R$ 15.9 billion.

Industry received R$ 43.8 billion (a 32% share), with emphasis on transport material (R$ 8.2 billion), chemical and petrochemical (R$ 7.1 billion), foodstuff and beverages (R$ 6.8 billion) and the mechanical industry (R$ 4.5 billion). The BNDES allocated R$ 29.2 billion (21% of the total) to trade and services, and R$ 9.8 billion (7%) to agriculture and cattle-raising. The fall in disbursements to industry is the result of the increase in the rates in the Investment Maintenance Program (PSI), which reduced demand for this program’s resources, generally allocated to industrial companies.

Disbursements per business sector (in R$ billion)

Disbursements per business sector (in R$ billion)
Business Sector R$ billion Growth rate (in %)
2008 2009 2010 2011 2009-2008 2010-2009 2011-2010
Industry        39.0        63.5        54.0        43.8         62.8         (15.0)          (18.9)
Infrastructure        35.1        48.7        52.4        56.1         38.6            7.8             7.0
Trade/services        11.2        17.3        27.1        29.2         55.2          56.4             7.7
Agriculture          5.6          6.9        10.1          9.8         22.5          47.7            (3.2)
Other market operations          1.4          1.0        24.8          0.8        (23.4)      2.275.7          (96.8)
Total        92.2      137.4      168.4      139.7         49.0      22.6          (17.1)