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Brazil: General government deficit (% of GDP)

Percent of GDP · 1881–2024 · 95 observations · forecasts to 2031 · gen_govdef_GDP

2024
−7.88%percent of GDP
Change on 2023
+1.0 pointsfrom −8.89%
Average, 2015–2024
−7.89%10 years
Record high and low
2.50% (1980)low −14.0% (1898)

General government deficit (% of GDP)

Report error
-15%-10%-5%0%5%1900192019401960198020002020BrazilBrazil
ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-6.11Forecast
2030-6.09Forecast
2029-6.04Forecast
2028-6.17Forecast
2027-6.87Forecast
2026-6.66Forecast
2025-7.01Forecast
2024-7.88
2023-8.89
2022-4.54
2021-4.54
2020-13.3
2019-5.81
2018-6.96
2017-7.77
2016-8.98
2015-10.2

Sources

  • IMF Fiscal Policy Panel1881–2023
  • Kehoe & Nicolini1965–2017
  • ECLAC1998–2012
  • IMF World Economic Outlook2001–2024
  • IMF Government Finance Statistics2010–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

Brazil documentation (PDF)

More for Brazil

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

General government deficit (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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