In 2024, Brazil's forecasted tax expenditure on natural gas for electricity generation is expected to reach 0.009% of GDP, reflecting continuity from actual 2023 levels. Over the subsequent years, a slight upward trend is seen, stabilizing at 0.01% through 2026 and 2027 and eventually increasing to 0.011% in 2028. While the year-on-year variation from 2024 to 2026 remains at 0%, a minor increase occurs between 2027 and 2028. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a consistently steady commitment to managing natural gas expenditures as a percentage of GDP.
Future trends to watch for include potential policy shifts affecting tax expenditures and evolving energy market dynamics, such as renewables' impact on natural gas reliance. Additionally, fluctuations in global natural gas prices and Brazil's energy demand could further influence these forecasts. Monitoring these factors will be crucial for understanding Brazil’s fiscal strategy in supporting sustainable energy infrastructure.
