Government Spending in Brazil increased to 115583.12 BRL Million in November from 105318.73 BRL Million in October of 2018. Government Spending in Brazil averaged 49473.24 BRL Million from 1997 until 2018, reaching an all time high of 169789.04 BRL Million in December of 2015 and a record low of 9016.42 BRL Million in February of 1997.
Government Spending in Brazil is expected to be 149226.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Brazil to stand at 121015.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 156322.00 BRL Million in 2020, according to our econometric models.