Government Spending in Brazil decreased to 127735.36 BRL Million in August from 158956.73 BRL Million in July of 2021. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Government Spending in Brazil averaged 59656.22 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 October of 2021.

Government Spending in Brazil is expected to be 181368.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Spending is projected to trend around 184814.00 BRL Million in 2022 and 188695.00 BRL Million in 2023, according to our econometric models.

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Brazil Government Spending

Brazil Last Unit Reference Previous Highest Lowest
Government Spending 127735.36 BRL Million Aug/21 158956.73 259875.37 9016.42

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.