Brazil Government Budget

Brazil recorded a Government Budget surplus equal to 1.90 percent of the country's Gross Domestic Product in 2013. Government Budget in Brazil is reported by the Banco Central do Brasil. From 1998 until 2013, Brazil Government Budget averaged 2.0 Percent of GDP reaching an all time high of 2.8 Percent of GDP in December of 2008 and a record low of 0.8 Percent of GDP in December of 1998. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Brazil Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.90 1.80 2.80 0.80 1.77 | 2014/06 1998 - 2013 Percent of GDP Yearly

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Brazil Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 65.10 2012-12-31 66.20 79.80 63.50 64.92 2013-12-31 Percent [+]
Government Budget Value -9515.67 2014-02-15 -10478.01 11997.84 -38166.96 -9939.74 2014-03-31 BRL Million [+]
Government Spending 333384.49 2013-11-15 253404.68 333384.49 35636.00 314603.28 2014-03-31 BRL Million [+]
Government Budget 1.90 2013-12-31 1.80 2.80 0.80 1.77 2014-06-30 Percent of GDP [+]
Credit Rating 50.73 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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