Brazil's nominal budget deficit narrowed significantly to BRL 75.6 billion in June of 2021 from a record BRL 210.2 billion in the same month of the previous year. The central government gap shrank to BRL 81.3 billion from BRL 213.0 billion a year earlier; and the regional governments account surplus widened to BRL 4.8 billion, from BRL 2.6 billion. Additionally, the surplus of state-owned enterprises increased to BRL 0.9 billion, compared to BRL 0.3 billion a year earlier. Finally, gross government debt fell further to 84.0% of GDP in June, from 84.6% in the previous month. source: Banco Central Do Brasil
Government Budget Value in Brazil averaged -19728.11 BRL Million from 1998 until 2021, reaching an all time high of 30000 BRL Million in April of 2021 and a record low of -210161 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 2021.
Government Budget Value in Brazil is expected to be -57000.00 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 -49000.00 BRL Million in 2022, according to our econometric models.