Government Spending in Brazil increased to 120212.48 BRL Million in July from 104275 BRL Million in June of 2019. Government Spending in Brazil averaged 51554.93 BRL Million from 1997 until 2019, reaching an all time high of 170623.39 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 120710.00 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 107327.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 156572.00 BRL Million in 2020, according to our econometric models.