Brazil posted a nominal budget deficit of BRL 41 billion in April of 2022, compared with a surplus of BRL 30 billion in the corresponding month of the previous year. The central government recorded a deficit of BRL 43.5 billion, reversing a surplus of BRL 24.6 billion in April of 2021; and state-owned enterprises also posted a shortfall of BRL 1.5 billion, compared with a surplus of BRL 0.72 billion. Additionally, the regional government's surplus narrowed to BRL 4 billion from BRL 4.6 billion. Meanwhile, the country posted a primary budget surplus of BRL 38.9 billion, the highest since the series began in 2002, reflecting gains in tax collection, amid the upturn in economic activity and a jump in fuel prices. source: Banco Central Do Brasil
Government Budget Value in Brazil averaged -19876.86 BRL Million from 1998 until 2022, reaching an all time high of 84061 BRL Million in January of 2022 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 2022.
Government Budget Value in Brazil is expected to be -39000.00 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 -35000.00 BRL Million in 2023, according to our econometric models.