Brazil's nominal budget deficit narrowed to BRL 30.10 billion in June 2019 from BRL 57.94 billion in the corresponding month of the previous year and compared with market consensus of BRL -50.6 billion. Also, the primary budget gap decreased to BRL 12.71 billion from BRL 13.49 billion in the previous year, as the central government shortfall fell to BRL 12.21 billion from BRL 14.95 billion a year earlier while state owned enterprises recorded a BRL 0.44 billion deficit compared to a BRL 1.11 billion surplus a year ago. Meantime, state-owned enterprises budget shifted to a BRL 1.11 billion deficit from BRL 0.49 billion surplus in the same month of the prior year. Government Budget Value in Brazil averaged -15885.94 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.

Brazil Government Budget Value
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-30 01:30 PM Nominal Budget Balance Mar BRL-62.175B BRL-45.013B BRL-43.517B BRL -52B
2019-05-31 01:30 PM Nominal Budget Balance Apr BRL-28.05B BRL-62.175B BRL-22.01B BRL-30B
2019-06-28 01:30 PM Nominal Budget Balance May BRL-47.6B BRL-28.05B BRL-50.25B BRL-49B
2019-07-29 01:30 PM Nominal Budget Balance Jun BRL-30.1B BRL-47.6B BRL-50.6B BRL-57.5B
2019-08-30 01:30 PM Nominal Budget Balance Jul BRL-30.1B BRL -25B
2019-09-30 01:30 PM Nominal Budget Balance Aug BRL -73B
2019-10-31 01:30 PM Nominal Budget Balance Sep BRL -44B

Brazil Government Last Previous Highest Lowest Unit
Government Debt to GDP 77.22 74.07 77.22 51.27 percent [+]
Government Budget -7.10 -7.80 -2.00 -10.20 percent of GDP [+]
Government Budget Value -30102.00 -47558.00 26044.00 -123821.44 BRL Million [+]
Government Spending 104275.00 105533.40 170623.39 9016.42 BRL Million [+]
Government Revenues 119950.00 113278.01 160425.52 12715.40 BRL Million [+]
Military Expenditure 30769.00 29283.00 30769.00 1946.00 USD Million [+]
Credit Rating 34.34 [+]
Government Debt 5498994.83 5480569.48 5498994.83 1336644.90 BRL Million [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-30102.00 -47558.00 26044.00 -123821.44 1998 - 2019 BRL Million Monthly
Current Prices, NSA

Country Last Previous
Argentina -6598.20 Jun/19
Australia 13326.00 May/19
Brazil -30102.00 Jun/19
Canada 707.00 May/19
China -210.00 Jun/19
France -77.30 Jun/19
Germany 5.87 Sep/18
India -4320.55 Jun/19
Indonesia -259900.00 Dec/18
Italy 7.80 Jun/19
Japan 72556.00 Mar/19
Mexico -152272.70 Jun/19
Netherlands 17.00 Mar/19
Russia 2027.84 Jul/19
Saudi Arabia -135704.00 Dec/18
Singapore 3012.50 Jun/19
South Africa 37586.00 Jun/19
South Korea -38492.00 Jun/19
Spain -10514.00 Jun/19
Switzerland 2176.00 Dec/19
Turkey -11454947.00 Jun/19
United Kingdom -4426.00 Jun/19
United States -119696.00 Jul/19