Budget balance in relation to the GDP in Brazil 2007-2029
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 the general government net debt as share of the GDP, the annual average consumer price index, and the gross domestic product (GDP) per capita.
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 the general government net debt as share of the GDP, the annual average consumer price index, and the gross domestic product (GDP) per capita.
