Economy: In 2022, Federal Revenue Sees Real Increase of 8.18% and Reaches Record R$2.218 Trillion

Written by Bruno Teles

Published on 24/01/2023 at 16:41

Receita federal (Foto/divulgação)

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Some Data Released on Tuesday, January 24, by the Brazilian Revenue Agency Shows That the Revenue for the Year Had a Real Growth of 8.18% Compared to the Results of 2021. As a Result, the Federal Government Closed 2022 with the Highest Level Ever Registered by the Revenue Agency.

According to the historical series that started 27 years ago, performance reflected the continuity of the economic recovery shortly after the crisis provoked by the Covid-19 pandemic. However, there was also an impetus from rising prices and inflation. Initially, the data released compare the results of 2021 and currently reach over 2.218 trillion reais, a record since 1995.

The real increase in December was 2.47% compared to the same month of December in 2021, totaling 210.2 billion reais. This level is the highest recorded in a month by the Brazilian Revenue Agency. The performance of this revenue throughout the year may reflect the continuity of activity resumption shortly after the crisis. Thus, several taxes are linked to the value of the product sold, and uncontrollable inflation can also boost government earnings.

All revenues managed by the Brazilian Revenue Agency grew 6.6% in real terms in 2022, totaling more than 2.086 trillion reais. Consequently, those managed by other agencies, with a significant collection weight related to oil exploration, rose by approximately 40%, reaching 132.5 billion reais. 2022 was marked by high international prices, primarily for oil, and the impact of the war in Ukraine.

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Economy: In 2022, Federal Revenue Sees Real Increase of 8.18% and Reaches Record R$2.218 Trillion

Some Data Released on Tuesday, January 24, by the Brazilian Revenue Agency Shows That the Revenue for the Year Had a Real Growth of 8.18% Compared to the Results of 2021. As a Result, the Federal Government Closed 2022 with the Highest Level Ever Registered by the Revenue Agency.

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Economy: In 2022, Federal Revenue Sees Real Increase of 8.18% and Reaches Record R$2.218 Trillion

Some Data Released on Tuesday, January 24, by the Brazilian Revenue Agency Shows That the Revenue for the Year Had a Real Growth of 8.18% Compared to the Results of 2021. As a Result, the Federal Government Closed 2022 with the Highest Level Ever Registered by the Revenue Agency.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

While a traditional school may take several days just to raise walls, in Malawi a 3D-printed school had its structure ready in 18 hours, welcomed children in June, and showed a new solution to the lack of classrooms.

Goodbye traditional washing machine: Panasonic surprises housewives with the NA-G5 featuring four drums, a 13 kg washer and dryer, a 12 kg dryer, independent mini washers, a heat pump, and a 4-in-1 system awarded at the German Design Award.

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Empty beer bottle turns into sand, and the sand turns into concrete: an American city has discovered how to recycle glass locally using a solar-powered truck that crushes five tons of bottles per day in a local circular economy project.

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Chinese company will start assembling electric trucks in Brazil from the end of this year in a 1 million square meter factory, and the rise in diesel prices has caused the demand for fossil fuel-free vehicles to soar by more than 30 percent.

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