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Economy & public finances

Brazil · Public sector primary balance (Brazil)

Monthly primary balance of Brazil's consolidated public sector (central government, states, municipalities and state companies), before interest payments, in reais, measured by the Central Bank from the change in public debt. Positive = surplus, negative = deficit. The primary result is the yardstick of Brazil's fiscal framework, which sets a target for it every year: each monthly release makes the news. It excludes interest, which is why it differs from the overall deficit.· Excludes interest; strong seasonality (January surplus)
-5.5BBRL
Sep 2026
min −188.7B Jun 2020max +104.1B Jan 2025
BRL
Frequency
Range
Chart view
Source: Banco Central do Brasil, Central Bank of Brazil, fiscal statistics (SGS 4649)· Data Sep 2026
Consolidated public sector, before interest, monthly flowExcludes interest; strong seasonality (January surplus)
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