Brazil recorded a Government Budget deficit equal to 5.90 percent of the country's Gross Domestic Product in 2019.
Government Budget in Brazil averaged -4.58 percent of GDP from 2001 until 2019, reaching an all time high of -2 percent of GDP in 2008 and a record low of -10.20 percent of GDP in 2015. 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 September of 2020. source: Banco Central do Brasil
Government Budget in Brazil is expected to reach -12.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Budget is projected to trend around -10.50 percent of GDP in 2021 and -8.70 percent of GDP in 2022, according to our econometric models.