In 2024, the direct transfer on all fossil fuels for transportation in Brazil is projected to account for 0.038% of GDP. The forecast indicates a steady year-on-year increase: 10.53% in 2025, 7.14% in 2026, 8.89% in 2027, and 6.12% in 2028. These incremental percentages suggest a CAGR of around 7% from 2024 to 2028. This consistent rise indicates the growing allocation towards fossil fuel usage in transportation relative to GDP.
Future trends to watch for include the impact of potential regulatory changes aimed at reducing fossil fuel dependence, investments in renewable energy, and technological advancements in transportation, which might influence these forecasts significantly.
