Real General Government Final Consumption Expenditure for Brazil
NCGGRSAXDCBRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,683.00
Year-over-Year Change
6.79%
Date Range
1/1/1996 - 1/1/2025
Summary
This trend measures the real value of the Brazilian government's final consumption expenditure, which includes spending on goods and services. It provides insight into the size and dynamics of the public sector's economic role.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real General Government Final Consumption Expenditure for Brazil represents the volume of government spending on collective and individual consumption of goods and services, adjusted for inflation. It is a key indicator of the public sector's contribution to the overall economy.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on national accounts.
Historical Context
This trend is used by economists and policymakers to analyze fiscal policy, public sector performance, and the government's economic footprint.
Key Facts
- Brazil's real government consumption expenditure was $496 billion in 2021.
- Government spending accounts for around 20% of Brazil's GDP.
- Real government consumption grew by 3.2% in 2021 after declining in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted value of the Brazilian government's final consumption expenditure on goods and services.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and dynamics of the public sector's economic role, which is important for analyzing fiscal policy, government performance, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on national accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the government's fiscal stance, the public sector's contribution to economic growth, and the overall size of the government's economic footprint.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological decisions of the OECD, which may result in occasional update delays or revisions.
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Citation
U.S. Federal Reserve, Real General Government Final Consumption Expenditure for Brazil (NCGGRSAXDCBRQ), retrieved from FRED.