Brazil: Fiscal balance, percent of GDP

For that indicator, we provide data for Brazil from 1996 to 2022. The average value for Brazil during that period was -5.07 percent with a minimum of -13.34 percent in 2020 and a maximum of -1.53 percent in 2008. The latest value from 2022 is -4.68 percent. For comparison, the world average in 2022 based on 127 countries is -2.90 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.