Brazil posted a nominal budget deficit of BRL 60.1 billion in April 2026, up from BRL 55.5 billion in the same month a year ago and above the expected BRL 50.7 billion shortfall. The central government gap rose to BRL 50.1 billion from BRL 44 billion in April 2025, and the state-owned companies' shortfall deficit increased to BRL 2.4 billion from BRL 1.7 billion a year ago. Meanwhile, the regional governments' shortfall shrank to BRL 7.6 billion from BRL 9.9 billion a year ago. The country's government debt as a share of the GDP rose to 80.4%, the highest since December 2021, up from March's 80% and 76% in April 2025, slightly surpassing market forecasts of 80.3%. source: Banco Central Do Brasil

Brazil recorded a government budget deficit of 60139 BRL Million in April of 2026. Government Budget Value in Brazil averaged -28534.88 BRL Million from 1998 until 2026, reaching an all time high of 84061.23 BRL Million in January of 2022 and a record low of -210161.02 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 June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 11:30 AM
Nominal Budget Balance
Mar BRL-199.539B BRL-100.589B BRL-148B BRL-120.0B
2026-05-29 11:30 AM
Nominal Budget Balance
Apr BRL-60.139B BRL-199.539B BRL-50.7B BRL-85.0B
2026-06-30 11:30 AM
Nominal Budget Balance
May


Related Last Previous Unit Reference
Government Budget -8.30 -8.50 percent of GDP Dec 2025
Nominal Budget Balance -60139.00 -199539.00 BRL Million Apr 2026
Government Debt 10355752.43 10178332.41 BRL Million Mar 2026
Government Debt to GDP 78.64 76.27 percent of GDP Dec 2025
Gross Debt to GDP 80.40 80.00 percent of GDP Apr 2026


Brazil Government Budget Value
In Brazil, government budget value refers to the nominal budget balance, which comprises the central government, regional governments and public enterprises and also includes debt servicing costs and the nominal interest of the federal government.
Actual Previous Highest Lowest Dates Unit Frequency
-60139.00 -199539.00 84061.23 -210161.02 1998 - 2026 BRL Million Monthly
Current Prices, NSA

News Stream
Brazil Budget Deficit Tops Forecasts
Brazil posted a nominal budget deficit of BRL 60.1 billion in April 2026, up from BRL 55.5 billion in the same month a year ago and above the expected BRL 50.7 billion shortfall. The central government gap rose to BRL 50.1 billion from BRL 44 billion in April 2025, and the state-owned companies' shortfall deficit increased to BRL 2.4 billion from BRL 1.7 billion a year ago. Meanwhile, the regional governments' shortfall shrank to BRL 7.6 billion from BRL 9.9 billion a year ago. The country's government debt as a share of the GDP rose to 80.4%, the highest since December 2021, up from March's 80% and 76% in April 2025, slightly surpassing market forecasts of 80.3%.
2026-05-29
Brazil Posts Largest Budget Gap in Nearly 6 Years
Brazil’s nominal budget deficit jumped to BRL 199.5 billion in March 2026, the largest since June 2020, from BRL 71.6 billion a year earlier, above market expectations of a BRL 148 billion gap. The central government gap widened to BRL 187 billion from BRL 69 billion in March 2025, and the regional governments' deficit climbed to BRL 11.3 billion from BRL 1.7 billion a year ago. At the same time, the state-owned companies' shortfall rose to BRL 1.3 billion, up from BRL 0.9 billion a year ago. The country's government debt as a share of the GDP increased to 80.1% from 79.2% the month before and surpassing market forecasts of 79.6%.
2026-04-30
Brazil's Budget Deficit Widens in February
Brazil's nominal budget deficit widened to R$100.6 billion in February 2026 from R$97.2 billion. The consolidated public sector recorded a primary deficit of R$16.4 billion in February, compared to R$19.0 billion in February 2025. The Central Government posted a R$29.5 billion deficit while state-owned enterprises recorded a R$568 million deficit, offset by regional governments' R$13.7 billion surplus. Nominal interest on the consolidated public sector totaled R$84.2 billion in February 2026, up from R$78.3 billion in February 2025. This increase was driven by higher net indebtedness, the Selic rate, and inflation, more than offsetting two fewer business days and more favorable foreign exchange swap results. Over 12 months, the nominal deficit reached R$1,089.6 billion, representing 8.48% of GDP and remaining stable as a share of GDP compared to the prior month.
2026-03-31