Brazil's nominal budget deficit narrowed to BRL 22.5 billion in July of 2022, from BRL 55.4 billion in the corresponding month of the previous year, as the central government shortfall decreased to BRL 16 billion from BRL 59.3 billion. At the same time, the deficit of state-owned enterprises rose to BRL 1.6 billion from BRL 1.3 billion; and the regional government recorded a deficit of BRL 4.9 billion, reversing a surplus of BRL 5.1 billion. source: Banco Central Do Brasil
Government Budget Value in Brazil averaged -20273.45 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 September 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.