The Brazilian government's revenue from oil and gas royalties is forecast to decrease by nearly 20 percent in 2020, when compared to the previous year. The sector's royalties are expected to drop to 46.4 billion Brazilian reals that year, the consequence of a decline in production value of oil and gas in the country.
Government revenue from oil and gas royalties in Brazil from 2019 to 2021
(in billion Brazilian reals)
Characteristic
Royalties in billion Brazilian reals
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* Forecasts as of August 2020.
Figures were calculated by the Inter-American Development Bank, based on data from OPEC, IMF and Brazil's Central Bank "Focus Report" and Agência Nacional do Petróleo.
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Inter-American Development Bank. (August 26, 2020). Government revenue from oil and gas royalties in Brazil from 2019 to 2021 (in billion Brazilian reals) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/
Inter-American Development Bank. "Government revenue from oil and gas royalties in Brazil from 2019 to 2021 (in billion Brazilian reals)." Chart. August 26, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/
Inter-American Development Bank. (2020). Government revenue from oil and gas royalties in Brazil from 2019 to 2021 (in billion Brazilian reals). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/
Inter-American Development Bank. "Government Revenue from Oil and Gas Royalties in Brazil from 2019 to 2021 (in Billion Brazilian Reals)." Statista, Statista Inc., 26 Aug 2020, https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/
Inter-American Development Bank, Government revenue from oil and gas royalties in Brazil from 2019 to 2021 (in billion Brazilian reals) Statista, https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/ (last visited July 22, 2024)
Government revenue from oil and gas royalties in Brazil from 2019 to 2021 (in billion Brazilian reals) [Graph], Inter-American Development Bank, August 26, 2020. [Online]. Available: https://www.statista.com/statistics/1169606/oil-gas-production-royalties-brazil/
