Government Spending in Brazil decreased to 111045.15 BRL Million in August from 120212.48 BRL Million in July of 2019. Government Spending in Brazil averaged 51773.64 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 120591.00 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 106048.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 156114.00 BRL Million in 2020, according to our econometric models.