The forecasted total support for natural gas in Brazil reflects a steady and slight decline as a percentage of GDP from 2024 to 2028. Specifically, the value decreases from 0.085% in 2024 to 0.079% in 2028. This gradual reduction indicates a consistent downward trend year-on-year of roughly 2.5%. The compound annual growth rate (CAGR) over this five-year period accentuates the average annual decrease.
Future trends to watch include the impact of global decarbonization efforts and Brazil's shift towards renewable energy investments. These factors could further reduce reliance on natural gas, affecting future support levels.
