Government Spending in Brazil increased to 206929.46 BRL Million in December from 118425.10 BRL Million in November of 2019. Brazil Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Brazil averaged 53040.10 BRL Million from 1997 until 2019, reaching an all time high of 206929.46 BRL Million in December of 2019 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. source: Instituto Brasileiro de Geografia e Estatística (IBGE)

Government Spending in Brazil is expected to be 115906.00 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 211482.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 216557.00 BRL Million in 2021 and 221971.00 BRL Million in 2022, according to our econometric models.


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Brazil Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
206929.46 118425.10 206929.46 9016.42 1997 - 2019 BRL Million Monthly
Current Prices, NSA


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.