The total government expenditure on agriculture in Brazil shows a steady increase from 2024 to 2028, following a consistent upward trajectory. The year-on-year growth rates indicate a gradual rise, with the largest increase expected in 2027. The five-year compound annual growth rate (CAGR) suggests sustained, though modest, investment growth within the sector. As of 2023, government expenditure on agriculture stood as a baseline before this predicted incremental growth. Notable trends include an average annual increase, pointing towards reinforcing the agricultural sector's prominence in economic priorities.
Future trends to watch for:
- Shifts in priorities within government budgets which could alter planned expenditures.
- Impact of potential agricultural reforms or innovations on budget allocations.
- Exchange rate fluctuations or global trade dynamics affecting agricultural funding.