The ratio of government revenue to gross domestic product (GDP) in Brazil was forecast to increase between 2024 and 2029 by in total 0.6 percentage points. This overall increase does not happen continuously, notably not in 2026. After the third consecutive increasing year, the ratio is estimated to reach 39.85 percent and therefore a new peak in 2029. Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Brazil from 2007 to 2029 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Brazil from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Brazil from 2007 to 2029. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Brazil from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/
IMF, Ratio of government revenue to gross domestic product (GDP) in Brazil from 2007 to 2029 Statista, https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/ (last visited November 04, 2024)
Ratio of government revenue to gross domestic product (GDP) in Brazil from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1391864/ratio-of-government-revenue-to-gross-domestic-product-gdp-brazil/