Brazil recorded the highest ever visitor numbers during a single month in October, with some 799,763 travellers crossing the border.
The guests spent £340 million, another record for the month of October.
The figure reflects growth of 21.23 per cent when compared to October 2010, when the country earned £280 million from international tourism.
The data, released by the Central Bank of Brazil also indicates that from January to October 2011 tourists spent £3.6 billion, 16.08 per cent higher than the same period last year (£3 billion).
The calculations by the Central Bank include official foreign exchange spending and international credit cards.
Flavio Dino, president of Embratur states: “It is great to see that international tourism is strengthening in Brazil in spite of the financial crisis.
“The international promotion of Brazil as a tourist destination has clearly played a big role in these new findings.”
These latest statistics show that Brazil is well on track to reach its goal for 2011 – hoping to attract 5.4 million tourists who will spend £4.2 billion.