Government Spending in Brazil increased to 118425.10 BRL Million in November from 107947.03 BRL Million in October of 2019.
Government Spending in Brazil averaged 52480.50 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. 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 116368.00 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 121030.00 in 12 months time. In the long-term, the Brazil Government Spending is projected to trend around 127034.00 BRL Million in 2020, according to our econometric models.