Brazil's nominal budget gap widened to BRL 53.16 billion in November 2019 from BRL 50.63 billion in the same month of the previous year, as the central government deficit increased to BRL 50.83 billion from BRL 45.80 billion. Meanwhile, the state-owned enterprises gap declined to BRL 0.63 billion from BRL 1.01 billion and regional governments deficit fell significantly to BRL 1.69 billion from BRL 3.82 billion. The primary budget gap dropped slightly to BRL 15.31 billion from BRL 15.60 billion a year ago.
Government Budget Value in Brazil averaged -16436.15 BRL Million from 1998 until 2019, reaching an all time high of 26044 BRL Million in January of 2019 and a record low of -123821.44 BRL Million in December of 2015. 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. source: Banco Central Do Brasil
Government Budget Value in Brazil is expected to be -56000.00 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Brazil to stand at -50000.00 in 12 months time. In the long-term, the Brazil Government Budget Value is projected to trend around -60000.00 BRL Million in 2020, according to our econometric models.