Country guide

Advertising in Brazil

Latin America's largest ad market, mobile-first and creator-driven, mid-crossover from broadcast to digital.

Brazil is Latin America’s largest advertising market and its most populous nation, a continental economy where football, telenovelas, and a vast creator economy set the rhythm of mass attention. For any brand expanding across the Americas, it is rarely optional. It is a mobile-first, deeply social market in the middle of a fast crossover from broadcast to digital, and it rewards advertisers who treat it as a market in its own right rather than an add-on to a pan-Latin-American plan.

This guide is an independent, neutral reference to how advertising works in Brazil in 2026: the platforms that actually matter here, the state of offline channels, what campaigns cost, the regulatory regime, and the practical routes to buying media. We publish benchmark data on what advertising costs around the world, so the aim here is to help you plan accurately, not to sell you a channel.

Market overview

Brazil has a population of about 213 million and a GDP of roughly USD 2.28 trillion, giving a GDP per capita near USD 10,700 (World Bank, 2025). It is highly connected: internet penetration reached about 84 percent (World Bank, 2024), and there are roughly 102 mobile subscriptions per 100 people (World Bank, 2024). Media consumption is heavy, social, and creator-driven. Brazilians are among the world’s most active social-media users by time spent, and influencers carry outsized weight across entertainment, politics, and finance. One 2025 study mapped 904 active “finfluencer” profiles reaching a combined 310 million people, a signal of how central creators have become even in serious categories.

The defining structural story is the crossover from broadcast to digital. In 2025, digital media accounted for 40.6 percent of advertising expenditure, almost equalling television’s 41.3 percent share (Cenp, via Reuters Institute Digital News Report 2026). Newspapers, by contrast, fell to roughly 1.4 percent, and print circulation has collapsed, with over 120 print outlets closed since 2023. Television remains uniquely powerful. Globo alone reached 196 million people across its platforms in 2025. But ad budgets are migrating fast toward Google, Meta, retail media, and short-form video.

41.3%
TV share of ad spend, 2025
40.6%
Digital share of ad spend, 2025
94%
WhatsApp reach of online users

Regional and cultural nuance matters more here than in most markets. Brazil is continental in scale, and regional and local brands often outperform national ones on cultural resonance. Portuguese-language creative built specifically for Brazil, not adapted from Spanish-language Latin American campaigns, is essential. Advertisers who get this right treat Brazil as a distinct market with its own creative language, much as they would treat a market like Japan (see our Advertising in Japan guide) as unlike its regional neighbours.

Digital landscape and dominant platforms

Brazilian digital advertising rests on a handful of platforms, some of them familiar globally and some distinctly local. The order below reflects how they function in the market rather than raw user counts alone.

WhatsApp is the single most important digital channel in Brazil. It is the most-used social and messaging platform, reaching roughly 93 to 94 percent of the online audience (Statista, Q2 2025), and it is ubiquitous for personal, business, and news communication. It anchors conversational commerce, customer service, click-to-WhatsApp ads, and the WhatsApp Business API. Any Brazil media plan that ignores WhatsApp is incomplete.

Meta (Instagram and Facebook) is the backbone of Brazilian paid social. Instagram is the dominant paid-social and influencer engine, with roughly 159 million users, about 71 percent of the population (NapoleonCat, December 2025). Facebook retains very large reach and remains a heavy news and community channel. Together with WhatsApp, which Meta also owns, the Meta family covers most Brazilian social advertising. You can compare Meta cost context for Brazil on our Meta benchmarks for Brazil page.

Google (Search and YouTube) captures the largest single share of migrating ad budgets alongside Meta. Search intent is deep and well developed, and YouTube has near-universal reach and huge daily watch time, functioning as both a branding and a performance channel while doubling as a top music and entertainment platform. See our Google Ads benchmarks for Brazil and YouTube Ads benchmarks for Brazil for cost context.

TikTok is a leading short-form video platform with very high engagement among younger audiences, and it is increasingly a discovery and social-commerce driver. It is one of the fastest-growing paid channels and a core part of the creator economy. Cost context sits on our TikTok Ads benchmarks for Brazil page.

Kwai is a short-video app with meaningful penetration in Brazil, especially outside the largest metros and among lower-income and older demographics. This is a distinctly local nuance versus Western markets where the app is largely absent, and it is worth testing for broad, cost-efficient video reach.

Retail media is the fast-emerging third pillar of Brazilian digital advertising after search and social. Mercado Livre runs the dominant retail-media network in Latin America, and eMarketer projects it capturing over half of regional retail-media spend by 2025. Magalu Ads (Magazine Luiza) grew revenue about 54 percent in 2025 and partnered with Google on off-site inventory, while Casas Bahia, Americanas, and grocery retailers are building their own networks. For commerce advertisers, these networks are now a must-consider.

Programmatic and DSPs underpin display, video, connected TV, and increasingly digital out-of-home and audio. The market is consolidating toward first-party-data and retail-media integrations as third-party signals decline and the LGPD tightens. Two familiar global channels round out most plans: LinkedIn for B2B and professional targeting (see LinkedIn Ads benchmarks for Brazil) and X (Twitter) for real-time and news-adjacent reach (see X Ads benchmarks for Brazil).

Offline channels

Offline media in Brazil is far from a legacy afterthought. Television is still a co-leading medium, and out-of-home is structurally growing. The mix below still commands the larger half of many national budgets.

Broadcast TV is still the largest or joint-largest ad medium, at 41.3 percent of ad expenditure in 2025 (Cenp, via Reuters Institute 2026). It is dominated by Grupo Globo, whose TV broadcasting audience share is around 33 percent (Fitch, 2025) and which reached 196 million people across platforms in 2025. Free-to-air rivals SBT, Record, and RedeTV! sit alongside a growing streaming layer. Football, from the Brasileirão to the national team, and telenovelas anchor mass reach. See our TV advertising costs for Brazil page for context.

Pay-TV, FAST, and CTV form a fast-moving middle layer. Pay-TV ad spend nearly doubled in nominal terms over three years as broadcasters chased targeted audiences, and free ad-supported streaming TV is expanding quickly. SBT News launched under a FAST model in December 2025. Connected TV is the key bridge between broadcast reach and digital targeting, and it increasingly draws budget from both sides.

Out-of-home is a structurally growing channel led by digital OOH, which held about 52 percent of the OOH market in 2025, with programmatic DOOH the fastest-growing segment (Mordor Intelligence). Eletromidia is the largest OOH and DOOH operator, now majority-owned by Globo at about 75 percent as of end-2024, concentrating premium urban inventory in São Paulo and other metros. See our out-of-home costs for Brazil page.

Radio and audio retain broad daily reach, especially regionally and in-car, and streaming and programmatic audio, including podcasts, is a named growth area within the wider shift to digital. Radio is a cost-efficient complement for local and mass campaigns. See our radio advertising costs for Brazil page.

Print is in structural decline. Newspapers fell to roughly 1.4 percent of ad expenditure, and print circulation dropped about 75 percent between 2015 and 2023, with 120-plus print outlets closed since 2023. Print is now largely a niche, premium, and digital-subscription play through titles like Folha de S.Paulo and O Estado de S.Paulo rather than a mass-reach medium. See our print advertising costs for Brazil page.

What it costs

Brazil is the only large market in the world where the buying route itself changes the price, because agency remuneration is set by a national standard rather than by each advertiser’s contract. Get that mechanism right before you look at a single unit price.

Start with scale. CENP, the Conselho Executivo das Normas-Padrao, runs Cenp-Meios, a panel of certified agencies that reports what media owners actually invoiced. It recorded R$ 28.9 billion of agency-placed media investment in 2025, up 10 percent year on year, from a panel of 330 agencies, with 68 percent of it placed as national rather than regional buying (CENP, March 2026). The most recent panel, covering January to June 2026 and published in September 2026, put six-month agency-placed investment at R$ 13.82 billion, which CENP itself converts to USD 2.69 billion at the Banco Central commercial selling rate on the last day of each month, an implied rate near R$ 5.13 to the dollar.

The split in that January to June 2026 panel is the planning input that matters, and it records a crossover. Internet took 40.7 percent at R$ 5.62 billion, edging past television on 40.6 percent at R$ 5.61 billion. Within television, free-to-air took 74.4 percent and pay TV 25.6 percent. Out of home took 13.4 percent at R$ 1.86 billion, which is a far larger share than most foreign buyers assume and roughly triple radio on 3.4 percent. Newspapers took 1.2 percent, magazines 0.3 percent and cinema 0.3 percent. Inside internet, display and other formats took 58.0 percent, social 24.0 percent, video 11.6 percent, search 6.0 percent and audio 0.4 percent.

The standard agency discount, and why it decides your net cost

Brazilian media pricing rests on a 1965 statute. Article 11 of Law 4.680/65 requires media owners to fix, on a published price table, both the commission due to agents and the discount due to advertising agencies. Its sole paragraph is the part that catches foreign buyers: no commission and no discount is granted on advertising sent directly to a media owner by any person or company that does not qualify as an agency or an agent. Article 14 of the implementing Decree 57.690/66 reinforces this by requiring the media owner to fix its prices in a public table applicable to all buyers on equal terms, and Article 15 requires the invoice to be issued in the advertiser’s name and sent to the agency.

The percentage sits in the Normas-Padrao, the self-regulatory standard CENP administers, which the federal competition authority CADE approved in 2000 and which the government adopted as the reference for public-sector advertising contracting (CENP). Item 2.5.1 gives any agency holding CENP’s Certificado de Qualificacao Tecnica a standard agency discount of not less than 20 percent on the gross value of the business it places with a media owner on its client’s account. Item 3.5 and Annex B then allow part of that 20 percent to be negotiated back to the advertiser on a progressive scale that rises with the advertiser’s annual gross media investment, with nothing negotiable at the smallest volumes. CENP revised that scale in 2019 and does not publish the current table openly on its site, so treat the exact band percentages as something to confirm with your agency in writing rather than a figure to plan against.

Two consequences follow. A campaign placed through a certified agency and one placed direct carry different net costs on identical inventory, and the difference is not a negotiation, it is the standard. And when you read a Cenp-Meios figure, read it as net: CENP states explicitly that the values it publishes are the amounts invoiced by media owners, without the standard discount.

The trading mechanism, channel by channel

Free-to-air and pay television trade against audience delivery measured by the national panel operated by the company formerly branded Kantar IBOPE Media and now trading as Fifty5Blue, whose Painel Nacional de Televisao is the currency both buyer and seller argue from. Spots are negotiated against the media owner’s published table under Decree 57.690/66 Article 14, so the negotiation is about the discount off table and the audience guarantee, not about inventing a rate. Football and the evening telenovela block command the steepest premia, and the largest inventory positions in both sit with one group, which compresses how much of the price is actually contestable.

Search, social and video are continuous auctions with no table and no standard discount, priced by whoever else wants the same person at the same second. This is the structural break in the Brazilian market: roughly 40 percent of agency-placed spend now sits in a channel where the 1965 remuneration architecture simply does not apply, which is why fee and hybrid remuneration have grown alongside the standard discount rather than replacing it.

Out of home is bought by panel and period rather than by impression in the classic inventory, with digital panels increasingly traded programmatically by loop share. Radio is bought by spot and daypart against station coverage. Retail media is negotiated per retailer against that retailer’s own first-party audience, with no published table at all.

What to budget against in Brazil

Five inputs, beyond the media itself. The buying route, because the standard discount decides your net cost. Brazilian Portuguese production built for Brazil rather than adapted from Spanish-language Latin American creative, which is a production line item and not a translation line item. Category clearance, since alcohol, tobacco, medicines, betting and food each carry statutory limits on top of the CONAR code. Currency, because global platforms bill against a USD-denominated auction while television, out of home and radio invoice in reais, so a plan built in one currency is exposed in the other. And tax: Google has told advertisers that, to comply with Brazil’s indirect tax reform, it will show CBS and IBS on invoices and Nota Fiscais from 1 January 2026, displayed for reference only during the 2026 pilot period and not applied to the invoice total, which means the line appears in 2026 and becomes a real cost when the pilot ends.

Why there is no single headline number

Three reasons, and they are worth stating plainly. Cenp-Meios measures agency-placed buying by a panel of certified agencies, so it excludes self-serve spend placed directly by advertisers, which in a market this mobile-first and creator-driven is substantial. CENP itself warns that the number of participating agencies changes between panels, so period-on-period comparisons are not valid. And television, out of home and radio all trade at a negotiated discount off a published table, which means the table price is public and the transacted price is not. Anyone quoting you one Brazilian CPM is quoting an average of things that were not sold the same way.

How we source cost figures

Market-level, dated, and free to cite

Where we publish unit prices, they are market-level rather than account-level, dated, and attributed to a named source. That is the more useful view for planning a budget and the figure an independent publication should be willing to stand behind. See the benchmark database for current per-platform figures, and the methodology for how each one is sourced and how often it is refreshed.

Read every figure alongside our methodology so you know exactly how it was sourced. For the auction side of the market, our Google Ads benchmarks for Brazil, Meta benchmarks for Brazil and TikTok Ads benchmarks for Brazil are the starting point, and for the negotiated side see our TV advertising costs for Brazil and out-of-home costs for Brazil. For the same question in the other large Americas markets, see the United States guide, Mexico guide and Canada guide.

Regulation and ad standards

Brazil’s advertising oversight is a hybrid of self-regulation and statutory law. The central self-regulatory body is CONAR, the Conselho Nacional de Autorregulamentação Publicitária, which enforces the Brazilian Code of Advertising Self-Regulation (CBAP). CONAR is industry-run, drawing on advertisers, agencies, and broadcasters, and while its rulings are not law, they are highly influential and broadly respected. It has been actively updating its rules, including guidelines for digital-influencer and social-media content, sports-betting advertising, and, in October 2025, stricter anti-greenwashing and sustainability-claim requirements.

Statutory consumer and advertising rules flow from the Consumer Defense Code (CDC) and from sector regulators. ANVISA, for example, oversees food, drugs, alcohol, and tobacco categories, which face tight restrictions. Advertisers in alcohol, tobacco, betting, and pharma should treat category compliance as a first-order planning question, not an afterthought.

On data and privacy, the governing regime is the LGPD, the Lei Geral de Proteção de Dados (Law 13.709/2018), Brazil’s GDPR-style comprehensive framework, enforced by the national data protection authority, the ANPD. The LGPD requires a lawful basis, often consent, for processing personal data, which constrains ad targeting, tracking, and audience-data use. Two recent shifts add to the picture: a June 2025 Supreme Court (STF) ruling expanded platform liability for illegal third-party content, and March 2026 legislation introduced strict age-verification and content-moderation rules to protect minors online. Both are relevant to where and how brands advertise.

How to buy and routes to market

There are four practical routes to market in Brazil, and most substantial plans use several at once.

First, self-serve platform buying on Meta, Google and YouTube, TikTok, and increasingly retail-media networks such as Mercado Livre and Magalu Ads covers the bulk of digital reach and performance. Meta and Google together dominate migrating budgets, and their auctions are the workhorse of most campaigns.

Second, programmatic via DSPs handles display, video, connected TV, DOOH, and audio, with a growing emphasis on first-party and retail-media data as the LGPD and signal loss reshape targeting.

Third, direct and broker buys cover premium broadcast TV from Globo and its rivals, out-of-home from Eletromidia and others, and radio, typically transacted locally in reais.

Fourth, WhatsApp is its own discipline: click-to-WhatsApp ads, the WhatsApp Business API, and conversational commerce, often the highest-intent path in this market.

On localisation, build creative and messaging in Brazilian Portuguese and for Brazilian culture, not adapted from Spanish-language Latin American campaigns. Lean into football, telenovela, and creator formats, which carry disproportionate weight, and account for a continental, regionally diverse market where local brands and regional media can outperform. This cross-border, culturally specific reality is exactly why brands running the Americas often build a dedicated Latin American capability, whether in-house or through a specialist, rather than treating the region as one buy. Our guide to the best media buying agencies in Miami covers that cross-border angle for brands using the city as a Latin American gateway.

Watch-outs

Pitfalls that catch foreign buyers

  1. Treating Brazil as an add-on to a pan-Latin-American plan rather than a distinct market with its own creative language.
  2. Underweighting WhatsApp and retail media, the two channels most specific to how Brazil actually buys and shops.
  3. Ignoring Kwai’s reach outside the major metros and among lower-income and older audiences.
  4. Falling short on LGPD consent requirements or category restrictions in regulated sectors.

Finally, because buying is split between USD-benchmarked global platforms and reais-denominated local media, budget for FX exposure and local invoicing from the outset.

Sources
  1. World Bank Open Data, Brazil country profile (GDP, population, internet and mobile penetration; 2024 to 2025).
  2. Reuters Institute, Digital News Report 2026, Brazil (ad-expenditure split, TV and Globo, print decline, platform regulation; June 2026).
  3. Statista, Leading social media platforms in Brazil 2025 and WhatsApp in Brazil: statistics and facts.
  4. NapoleonCat, Social Media Users in Brazil 2025 (Instagram user base).
  5. Fitch Ratings, Fitch Affirms Globo at ‘BB+’ (TV audience share, OOH leadership; November 2025).
  6. Statista, Globo advertising revenues 2022 to 2024 (Eletromidia OOH stake).
  7. Valor International, Globo invests in content, advertising, technology in multiplatform plan (196 million reach; October 2025).
  8. Mordor Intelligence, Brazil OOH and DOOH Market (DOOH share 2025).
  9. americasMI / eMarketer, Retail media in Latin America 2024 to 2028 (Mercado Libre share).
  10. Valor International, Retail media brings together Magazine Luiza and Google (January 2025).
  11. Chambers Practice Guides, Advertising and Marketing 2025 (CONAR and CBAP self-regulation).
  12. Baker McKenzie, Brazil: CONAR announces new rules to combat greenwashing (November 2025).
  13. Journalism Research, New Report Mapping Brazil’s Media Landscape (print collapse, platform migration; April 2026).
  14. CENP, Painel Cenp-Meios: investimento publicitario no mercado brasileiro cresce 10% em 2025 e atinge R$ 28,9 bilhoes (full-year 2025 agency-placed investment, growth, panel size, national share; March 2026).
  15. CENP, Painel 2026, Jan a Jun, 306 agencias (H1 2026 per-medium split in R$ and USD, Banco Central FX methodology, note that published values exclude the standard agency discount and that panels are not comparable period to period; published September 2026).
  16. Presidencia da Republica, Lei no 4.680, de 18 de junho de 1965, Art. 11 and sole paragraph (agency discount fixed by media owners on table prices; no discount on advertising sent direct by a non-agency).
  17. Presidencia da Republica, Decreto no 57.690, de 1 de fevereiro de 1966, Arts. 11, 14 and 15 (public price table applicable to all buyers on equal terms; invoicing in the advertiser name).
  18. CENP via Sinapro-PE, Normas-Padrao da Atividade Publicitaria, items 2.5.1, 3.5 and Annex B (Certificado de Qualificacao Tecnica; standard agency discount of not less than 20 percent; progressive negotiable share).
  19. CENP, Sobre o CENP (CADE approval of the Normas-Padrao in 2000, adoption as the reference for public-sector advertising contracting, 2019 revision covering agency remuneration and the standard discount).
  20. Fifty5Blue, formerly Kantar IBOPE Media, Dados de audiencia (national TV audience panel and PNT reporting, the trading currency for Brazilian television).
  21. Google Ads Help, Tax information for Google Ads, section “Tax regulations in Brazil” (CBS and IBS shown on invoices and Nota Fiscais from 1 January 2026, reference only during the 2026 pilot).
  22. International Media Buying, Methodology, for how every cost figure is sourced and dated.

Frequently asked

Which platform matters most for advertising in Brazil?
WhatsApp is the single most important digital channel. It reaches roughly 93 to 94 percent of the online audience and is central to conversational commerce, customer service, and click-to-WhatsApp ads. Meta's Instagram and Facebook plus Google Search and YouTube take the largest share of paid budgets, but no Brazil media plan is complete without a WhatsApp strategy.
Is television still worth buying in Brazil?
Yes. Television accounted for about 41 percent of ad expenditure in 2025, almost level with digital, and it remains the fastest route to mass reach. Grupo Globo dominates, and football and telenovela programming anchor huge audiences. The question is usually not whether to buy TV but how to combine it with digital and connected TV for targeting.
Do I need Brazilian Portuguese creative, or can I reuse Spanish LatAm campaigns?
You need creative built in Brazilian Portuguese and for Brazilian culture. Brazil is the only major Portuguese-speaking market in Latin America, and translating or adapting Spanish-language campaigns is a common and costly mistake. Football, telenovela, and creator formats carry disproportionate weight and should shape the creative, not just the language.
What is retail media's role in Brazil?
Retail media is the fast-emerging third pillar of Brazilian digital advertising after search and social. Mercado Livre is the dominant retail-media network in Latin America, and Magalu Ads and others are growing quickly. For commerce advertisers, retail-media networks are now a core consideration rather than an experiment.
What are the main advertising regulations in Brazil?
Advertising is governed by a hybrid of self-regulation and statutory law. CONAR enforces the industry code and its rulings are highly influential though not law. The Consumer Defense Code and sector regulators such as ANVISA set statutory limits, and tight restrictions apply to categories like alcohol, tobacco, pharma, and betting. Data and targeting are governed by the LGPD, Brazil's GDPR-style privacy framework, enforced by the ANPD.
What does advertising actually cost in Brazil?
Agency-placed media investment reached R$ 28.9 billion in 2025, up 10 percent, and R$ 13.82 billion in the first half of 2026, split 40.7 percent internet, 40.6 percent television, 13.4 percent out-of-home and 3.4 percent radio (CENP Cenp-Meios panel). There is no single Brazilian CPM, because channels are not sold the same way. Search, social and video are continuous auctions with no rate card. Television, out-of-home and radio are negotiated as a discount off a published price table, which Article 14 of Decree 57.690/66 requires media owners to apply to all buyers on equal terms, so the table price is public but the transacted price is not. The decisive cost variable is your buying route: under the CENP Normas-Padrao a certified agency receives a standard agency discount of not less than 20 percent from the media owner, and under Article 11 of Law 4.680/65 no such discount is granted on advertising sent direct by a non-agency, so identical inventory carries a different net cost depending on how it is bought.

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What advertising costs in Brazil

Sourced CPM, CPC and rate-card ranges for this market — free to cite.