The forecast for Brazil's climate change-related transport tax revenue as a percentage of GDP suggests a steady increase from 2024 to 2028. The projected figures for each year indicate marginal growth, maintaining a consistent value of 0.62% in 2024 and 2025, followed by a slight rise to 0.63% from 2026 to 2028.
Key observations:
- Year-on-year data shows a stable trend with minimal variation, reflecting an incremental approach to integrating environmental taxes within Brazil's transport sector.
- The five-year compound annual growth rate (CAGR) indicates a very modest increase, underscoring a cautious fiscal strategy regarding climate change measures.
Future trends to watch for include potential policy shifts leading to higher revenues, technological advancements in green transport affecting tax bases, and economic factors influencing GDP impact.
