Brazil recorded a Government Budget deficit equal to 4.60 percent of the country's Gross Domestic Product in 2022. source: Banco Central do Brasil
Government Budget in Brazil averaged -4.96 percent of GDP from 2001 until 2022, reaching an all time high of -2.00 percent of GDP in 2008 and a record low of -13.30 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 August of 2023.
Government Budget in Brazil is expected to reach -4.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Budget is projected to trend around -0.50 percent of GDP in 2024 and -0.20 percent of GDP in 2025, according to our econometric models.