Spending by Brazilians on online betting platforms, known as bets, will be measured by the Brazilian Institute of Geography and Statistics (IBGE) in the Family Budget Survey (POF) 2024/2025, which goes into the field from November 5th.
The IBGE explains that gambling, such as official lotteries, were already part of the latest edition of POF, which collected data between 2017 and 2018. At that time, however, betting did not yet exist in Brazil. A phenomenon with a growing impact on the Brazilian economy, spending on these games will be measured for the first time in POF 2024/2025.
According to IBGE, this edition of POF will also include a module that, in an unprecedented way, will research Brazilians’ time use.
Since 1970, POF has designed the Brazilian’s shopping basket and updated the list of types of consumption that is a reference for calculating the country’s official inflation index, the Broad National Consumer Price Index (IPCA). Through very detailed questionnaires, IBGE is able to find out how much of the family budget is allocated to each type of expense, such as food, clothing, medicine or bus tickets, for example.
With this research, IBGE evaluates the structures of consumption, expenditure, income and part of the variation in families’ assets, offering a profile of the population’s living conditions based on the analysis of household budgets.
In addition to information directly associated with the budget structure, various characteristics of households and families are also investigated, including subjective self-assessment of quality of life.
