Brazil recorded a government budget deficit of 89624.95 BRL Million in June of 2023. source: Banco Central Do Brasil

Government Budget Value in Brazil averaged -21686.46 BRL Million from 1998 until 2023, 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 August of 2023.

Government Budget Value in Brazil is expected to be -62801.00 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 -69077.00 BRL Million in 2024 and -70201.00 BRL Million in 2025, according to our econometric models.

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Brazil Government Budget Value



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-30 11:30 AM May BRL-119.226B BRL-25.428B BRL-59.685B BRL-72.0B
2023-07-28 11:30 AM Jun BRL-89.625B BRL-119.226B BRL-74.925B BRL-78B
2023-08-31 11:30 AM Jul BRL-48.899B BRL-73.5B BRL-50.0B


Related Last Previous Unit Reference
Government Debt to GDP 72.87 78.29 percent of GDP Dec 2022
Government Budget -4.60 -4.30 percent of GDP Dec 2022
Government Budget Value -89624.95 -119225.51 BRL Million Jun 2023
Government Debt 7594036.70 7563933.30 BRL Million Jun 2023

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
-89624.95 -119225.51 84061.23 -210161.02 1998 - 2023 BRL Million Monthly
Current Prices, NSA

News Stream
Brazil Posts Widest Budget Deficit in Nearly 3 Years
Brazil recorded a nominal budget deficit of BRL 119.2 billion in May of 2023, up from BRL 66 billion in the corresponding month of the previous year and market forecasts of BRL 59.7 billion. It was the largest budget deficit since August 2020, as the central government gap ballooned to BRL 102.9 billion from BRL 67.4 billion in May 2022. At the same time, state-owned companies' shortfall rose slightly to BRL 0.7 billion from BRL 0.6 billion; and the regional governments' balance switched to a deficit of BRL 15.6 billion from a surplus of BRL 2 billion a year ago.
2023-06-30
Brazil April Government Budget Gap Smaller than Expected
Brazil recorded a nominal budget deficit of BRL 25.4 billion in April of 2023, smaller than BRL 41 billion in the corresponding month of the previous year and market forecasts of BRL 42.2 billion. The central government gap shrank to BRL 21.3 billion from BRL 43.5 billion in April 2022, and the state-owned companies' shortfall narrowed to BRL 1.1 billion from BRL 1.5 billion. Meanwhile, the regional governments' balance shifted to a deficit of BRL 3 billion compared to a surplus of BRL 4 billion a year ago.
2023-05-31
Brazil March Government Budget Gap More than Triples
Brazil recorded a nominal budget deficit of BRL 79.5 billion in March of 2023, wider than BRL 22.5 billion in the corresponding month of the previous year. The central government deficit jumped to BRL 66.5 billion from BRL 32.7 billion in March 2022, and the regional governments' balance shifted to a shortfall of BRL 12.7 billion compared to a surplus of BRL 6.3 billion a year ago. In the meantime, the state-owned companies' gap rose to BRL 0.30 billion from BRL 0.12 billion.
2023-04-28