Brazil recorded a nominal budget deficit of BRL 25.4 billion in April of 2023, smaller than BRL 41 billion in the corresponding month of the previous year and market forecasts of BRL 42.2 billion. The central government gap shrank to BRL 21.3 billion from BRL 43.5 billion in April 2022, and the state-owned companies' shortfall narrowed to BRL 1.1 billion from BRL 1.5 billion. Meanwhile, the regional governments' balance shifted to a deficit of BRL 3 billion compared to a surplus of BRL 4 billion a year ago. source: Banco Central Do Brasil
Government Budget Value in Brazil averaged -20683.74 BRL Million from 1998 until 2023, reaching an all time high of 84061.23 BRL Million in January of 2022 and a record low of -210161.02 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 June of 2023.
Government Budget Value in Brazil is expected to be -98198.00 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 -69077.00 BRL Million in 2024 and -70201.00 BRL Million in 2025, according to our econometric models.