Government budget and debt · Brazil
Brazil Federal Tax Revenues
The Brazil Federal Tax Revenues measures the public finances of Brazil: the budget balance (revenue minus spending), revenue, or debt relative to the size of the economy.
- Importance
- Low
- Currency
- BRL · Brazilian real
- Central bank
- The Banco Central do Brasil
Latest figures
The latest release for DEC, published on 28 January 2025, came in at BRL 261.3B.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 28 Jan 2025 | DEC | BRL 261.3B | – | BRL209.2B |
| 7 Jan 2025 | NOV | BRL 209.2B | – | BRL247.92B |
Why it matters
Large deficits mean more government borrowing, which can push bond yields up and, if markets lose confidence, weigh on the currency. Debt ratios matter for credit ratings and for euro-area rules.
How it is calculated
The finance ministry or statistics office reports cash revenue and spending each month or quarter; debt is the stock of government borrowing, usually shown as a share of GDP.
Budget balance = revenue − spending
Debt ratio = government debt ÷ GDP × 100What changes mean
- Markets react mostly to surprises that change the borrowing plan.
- Rising debt is more worrying when interest rates are above growth rates.
A short history
Public debt has financed wars since the Bank of England was founded in 1694 to lend to the government; the euro area's 3% deficit and 60% debt rules date from the Maastricht Treaty (1992).
Questions
What is the Brazil Federal Tax Revenues?
The Brazil Federal Tax Revenues measures the public finances of Brazil: the budget balance (revenue minus spending), revenue, or debt relative to the size of the economy.
What was the latest Brazil Federal Tax Revenues?
BRL 261.3B for DEC, published on 28 January 2025.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.