Brazil's budget balance in relation to GDP 2029

The budget balance in relation to the GDP in Brazil was forecast to continuously increase between 2024 and 2029 by in total 1.8 percentage points. According to this forecast, in 2029, the budget balance will have increased for the fourth consecutive year to -5.13 percent.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Find more statistics on other topics about Brazil with key insights such as ratio of the national debt to the gross domestic product, the gross domestic product in current prices, and the growth of the real the gross domestic product.