São Paulo's share of the national economy falls to its lowest level since 1996.

247 - Last year, the state of São Paulo's share of the Gross Domestic Product (GDP), a value representing everything produced in the national economy, reached its lowest level since the 1990s, according to [source missing]. EstadãoIn 2022, this share stood at 18,0%, down from 18,6% in 2021 -- the lowest level in the historical series of the Brazilian Institute of Geography and Statistics (IBGE), which began in 1996.

The calculation is based on the government's share of GDP. It equates to the expenses for providing public services to the population, especially education, health, and security. Public spending on income transfer programs or infrastructure projects, for example, is not included in the calculation.

The growth momentum of government consumption was interrupted in 2016, the year of the coup against President Dilma Rousseff. With the implementation of the ultraneoliberal regime by Michel Temer and Jair Bolsonaro, government consumption entered a downward trend. 

The recent period has also been marked by the impacts of Covid-19. Although governments increased their spending to combat the pandemic, the provision of various public services was negatively affected. Emergency aid, for example, was paid directly to families and became part of their consumption, not government spending.

(Article written with the support of artificial intelligence)