Government Spending in Brazil increased to 259875.37 BRL Million in June from 180629.95 BRL Million in May of 2020.

Government Spending in Brazil averaged 55260.15 BRL Million from 1997 until 2020, 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 August of 2020. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Government Spending in Brazil is expected to be 118510.00 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 183830.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 200251.00 BRL Million in 2021 and 205257.00 BRL Million in 2022, according to our econometric models.

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Brazil Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
259875.37 180629.95 259875.37 9016.42 1997 - 2020 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 -210161.00 -140401.00 26044.00 -210161.00 BRL Million [+]
Government Spending 259875.37 180629.95 259875.37 9016.42 BRL Million [+]
Government Revenues 86300.00 77415.35 174990.57 12715.40 BRL Million [+]
Military Expenditure 30769.00 29283.00 30769.00 1946.00 USD Million [+]
Credit Rating 42.00 [+]
Government Debt 6153523.83 5929085.15 6153523.83 1336644.90 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.