In 2023, tax expenditure on natural gas for residential use in Brazil stood at an actual value not provided in this data set, making it a relevant baseline for forecast comparison. From 2024 to 2028, there is a forecasted downward trend in tax expenditure, decreasing from 34.14 million USD to 27.97 million USD, reflecting an average annual depreciation — as calculated by a compound annual growth rate (CAGR) — across these five years.
Future trends to watch for include policy changes affecting taxation on natural gas, fluctuations in global energy markets impacting natural gas prices, and shifts towards renewable energy sources, which could influence residential natural gas usage and subsequent tax expenditure in Brazil.
