Government Spending in Brazil increased to 116510.47 BRL Million in February from 112073.20 BRL Million in January of 2021. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Government Spending in Brazil averaged 57982.07 BRL Million from 1997 until 2021, reaching an all time high of 259875.37 BRL Million in June of 2020 and a record low of 9016.42 BRL Million in February of 1997. This page provides - Brazil Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Government Spending - values, historical data and charts - was last updated on May of 2021.

Government Spending in Brazil is expected to be 113563.00 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 181368.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 185902.00 BRL Million in 2022 and 191851.00 BRL Million in 2023, according to our econometric models.

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Brazil Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
116510.47 112073.20 259875.37 9016.42 1997 - 2021 BRL Million Monthly
Current Prices, NSA

Brazil Government Last Previous Highest Lowest Unit
Government Debt to GDP 75.79 76.53 76.53 51.27 percent [+]
Government Budget -5.90 -7.10 -2.00 -10.20 percent of GDP [+]
Government Budget Value -44528.00 -40966.00 26044.00 -210161.00 BRL Million [+]
Government Spending 116510.47 112073.20 259875.37 9016.42 BRL Million [+]
Government Revenues 137930.00 127700.00 180200.00 12715.40 BRL Million [+]
Military Expenditure 28030.00 28177.00 28177.00 1756.00 USD Million [+]
Credit Rating 42.00 [+]
Government Debt 89.07 89.97 6670267.06 89.07 BRL Million [+]

Brazil Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.