In 2023, the tax expenditure on coal for electricity generation in Brazil was USD 43.87 million, constant at 2020. Forecasts from 2024 to 2028 show steady increases, reaching USD 51.93 million by 2028. Year-on-year growth ranges between 3.57% and 3.72%, reflecting a consistent uptick in tax expenditure. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated at approximately 3.57%.
Future trends to watch include possible fluctuations in global coal markets, shifts in energy policies towards renewables, and impacts of international trade agreements affecting coal imports. These factors could influence Brazil's coal-related tax expenditures.
