Brazil Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Brazil's budget deficit stood at -8.40% in 2025, a decline of +2.21% from 2024. The IMF projects -8.40% by 2025. Brazil ranked 172nd globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -4.63% | - | - |
| 2029* IMF | -4.80% | - | - |
| 2028* IMF | -5.13% | - | - |
| 2027* IMF | -6.01% | - | - |
| 2026* IMF | -7.54% | - | - |
| 2025* IMF | -8.40% | - | - |
| 2025 | -8.40% | −2.21% | #172 |
| 2024 | -6.19% | +1.52% | #33 |
| 2023 | -7.71% | −3.75% | #14 |
| 2022 | -3.97% | −1.33% | #74 |
| 2021 | -2.63% | +9.01% | #123 |
| 2020 | -11.64% | −6.78% | #22 |
| 2019 | -4.86% | +2.13% | #34 |
| 2018 | -6.99% | +0.98% | #12 |
| 2017 | -7.97% | +0.02% | #11 |
| 2016 | -7.99% | +1.29% | #24 |
| 2015 | -9.28% | −3.01% | #14 |
| 2014 | -6.28% | −2.85% | #21 |
| 2013 | -3.42% | −1.07% | #73 |
| 2012 | -2.35% | +0.39% | #96 |
| 2011 | -2.74% | +0.81% | #96 |
Detected Pattern
Analysis
Brazil matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Brazil's budget deficit was -8.40% in 2025. Ranked 172nd globally. This represents a 35.8% decrease from the previous year.
Brazil's budget deficit peaked at -2.35% in 2012.
The lowest budget deficit in Brazil was -11.64% in 2020.
Brazil ranks 172nd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Brazil's budget deficit is projected to reach -8.40% by 2025 based on IMF projection.
The budget deficit of Brazil in 2025 was -8.40%. This ranks 172nd in the world.
Cite this page
@misc{historysaid_brazil_budget-deficit,
title = {Brazil Budget Deficit},
url = {https://historysaid.com/brazil/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}