Brazil recorded a Government Budget deficit equal to 4.50 percent of the country's Gross Domestic Product in 2021. source: Banco Central do Brasil
Government Budget in Brazil averaged -5 percent of GDP from 2001 until 2021, 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 June 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 -7.30 percent of GDP in 2023 and -5.50 percent of GDP in 2024, according to our econometric models.