Brazil's nominal budget deficit narrowed to BRL 55.4 billion in July 2021 from BRL 86.9 billion in the corresponding month of the previous year, as the central government gap decreased sharply to BRL 59.3 billion from BRL 91.0 billion a year earlier. Meanwhile, the regional government surplus increased to BRL 5.1 billion from BRL 3.6 billion in July 2020, while the state-owned enterprises budget shifted to a BRL 1.3 billion deficit from BRL 0.5 billion surplus. The primary budget gap plunged to BRL 10.3 billion from BRL 81.1 billion a year ago. source: Banco Central Do Brasil
Government Budget Value in Brazil averaged -19859.52 BRL Million from 1998 until 2021, reaching an all time high of 29966 BRL Million in April of 2021 and a record low of -210161 BRL Million in June of 2020. This page provides the latest reported value for - Brazil Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Government Budget Value in Brazil is expected to be -57000.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Budget Value is projected to trend around -49000.00 BRL Million in 2022, according to our econometric models.