From 2024 to 2028, tax expenditure on natural gas in Brazil is forecasted to decline progressively. Starting from $853.33 million in 2024, there is a consistent decrease each year, culminating in $408.79 million by 2028. Compared to 2023, when tax expenditure was higher, this reflects a significant downward trend.
- 2025 sees a 13.23% decrease from 2024.
- 2026 marks a further 15.07% drop from 2025.
- 2027 experiences a 17.59% decline from 2026.
- By 2028, the expenditure decreased by 21.23% relative to 2027, with a cumulative average growth rate (CAGR) of -16.11% from 2024 to 2028.
Future trends to watch include potential regulatory changes or shifts in energy policy that could impact the tax landscape and economic circumstances that might alter demand or reliance on natural gas, impacting tax expenditure projections.
