24Peaks / South America / Brazil / Government Fiscal Balance (% of GDP)

Brazil - Government Fiscal Balance (% of GDP) -1.65

IMF Government Finance Statistics · updated 2026-10-03 · 48 economies tracked

Latest value

-1.65 (2024)

Global rank

##12 of 48 economies

Share of global total

12.0%

Growth since 2017

0.47×

Ranking Race — Government Fiscal Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#6#11#16#21#26#31201720222025#32#122021 overtook Samoa2024 overtook Tajikistan
BrazilTürkiye

Real annual global ranks, 2017 - 2025. Brazil climbed from #32 to #12 (overtook Samoa). Gaps in a lane = missing data that year.

Key events for Brazil ↓

Key Events — Brazil

Auto-detected from rank data + curated milestones

2020
COVID-19 recession curated

Pandemic and commodity shock hit output hard.

2021
Overtook Samoa in global rank auto
2021
Climbed 24 places in global rank auto
2024
Overtook Tajikistan in global rank auto

Government Fiscal Balance (% of GDP), 2017-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
201720222024-7.52-4.31-1.12.11
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