The road transport-related tax revenue in Brazil stood at 95.85 Units of Environmental Tax Revenue in 2023. Over the last two years, the revenue showed a declining trend with a year-on-year variation of -0.052% in both 2022 and 2023. Analyzing the Compound Annual Growth Rate (CAGR) over the last five years, there is an average annual change of 0.56%. Observing the data, the revenue experienced significant fluctuations with notable decreases in 2015 and 2016 followed by a period of stabilization and slight recovery post-2017.
Looking into the future, a forecasted minimal decline is projected with a five-year CAGR of -0.02%. The forecast to 2028 suggests a stable but slightly declining trend with an overall forecasted five-year growth rate of -0.11%.
Future trends to watch for include potential shifts in government policies on environmental taxes, advancements in transport technology (e.g., electric vehicles), and economic factors that may influence road transport tax revenues. Monitoring these areas will be crucial in predicting future revenue patterns accurately.
