The ratio of government expenditure to GDP in Brazil was forecast to continuously decrease between 2024 and 2029 by in total 1.2 percentage points. According to this forecast in 2029, the ratio will have decreased for the sixth consecutive year to 46 percent. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (April 22, 2024). Brazil: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved August 31, 2024, from https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862
IMF. "Brazil: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed August 31, 2024. https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862
IMF. (2024). Brazil: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: August 31, 2024. https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862
IMF. "Brazil: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862
IMF, Brazil: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862 (last visited August 31, 2024)
Brazil: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/259296/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brazil/?session=8ce69a930ef6ab4c22f39fd8e2146862