Brazil recorded a Government Budget deficit equal to 13.40 percent of the country's Gross Domestic Product in 2020. source: Banco Central do Brasil

Government Budget in Brazil averaged -5.03 percent of GDP from 2001 until 2020, reaching an all time high of -2 percent of GDP in 2008 and a record low of -13.40 percent of GDP in 2020. This page provides - Brazil Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Government Budget - values, historical data and charts - was last updated on May of 2022.

Government Budget in Brazil is expected to reach -7.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Budget is projected to trend around -6.50 percent of GDP in 2023 and -5.50 percent of GDP in 2024, according to our econometric models.

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Brazil Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 88.83 74.26 percent of GDP Dec 2020
Government Budget -13.40 -5.90 percent of GDP Dec 2020
Government Budget Value -26472.00 -22545.00 BRL Million Mar 2022
Government Debt 7001664.30 6973243.10 BRL Million Feb 2022

Brazil Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-13.40 -5.90 -2.00 -13.40 2001 - 2020 percent of GDP Yearly