Brazil: Government deficit (% of GDP)
Percent of GDP · 1861–2024 · 161 observations · forecasts to 2031 · 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 −18.6% (1868)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -6.11 | Forecast |
| 2030 | -6.09 | Forecast |
| 2029 | -6.04 | Forecast |
| 2028 | -6.17 | Forecast |
| 2027 | -6.87 | Forecast |
| 2026 | -6.66 | Forecast |
| 2025 | -7.01 | Forecast |
| 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
This series is derived from other GMD variables.
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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