Brazil Government Budget

-8.1% −1.9 pt

Dec 2025 · Annual

Brazil's budget balance declined to -8.07 percent of GDP in 2025 from -6.17 percent of GDP in 2024. The reading remains above the all-time low of -11.64 percent of GDP recorded in 2020 but below the all-time high of -2.35 percent of GDP in 2012. The series dates back to 2001.

Brazil Government Budget, 2001–2025
ActualPreviousHighestLowestDatesFrequency
-8.1%-6.2%-2.4%Dec 2012-11.6%Dec 20202001 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP93.3%87.0%96.0%59.6%Dec 2025Annual
Tax Revenue to GDP15.4%14.0%15.4%12.7%Dec 2024Annual

About this series

Government Budget in Brazil averaged -5.2% from 2001 until 2025, reaching an all-time high of -2.4% in Dec 2012 and a record low of -11.6% in Dec 2020. The series is reported yearly with history from 2001.

The budget balance as a share of GDP measures the difference between general government revenue and expenditure, expressed as a percentage of the country's gross domestic product. For Brazil, the indicator is reported annually and covers the period from 2001. A negative balance indicates a fiscal deficit, while a positive balance indicates a surplus.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Brazil Government Budget FAQ