Brazilian public sector nominal deficit falls in September, says BC

August’s R$90.381 billion gap decreased to R$53.767 billion; in the same month last year, the result was R$ 99.785 billion

PEDRO LADEIRA / AFP
Accumulated loss reaches R$ 1.065 trillion,

The reported that the consolidated public sector recorded a nominal deficit of R$53.767 billion in September, an improvement in relation to the deficit of R$90.381 billion observed in August. In the same month of the previous year, the result was even more negative, totaling R$99.785 billion. In the year 2024, until September, the public sector’s nominal deficit reached R$ 743.844 billion, which represents 8.67% of the Gross Domestic Product (). In a period of 12 months, the accumulated deficit reaches R$1.065 trillion, corresponding to 9.34% of GDP.

For comparison, the total nominal deficit in 2023 was R$967.417 billion, or 8.91% of GDP. The nominal deficit is calculated based on the difference between public sector revenues and expenses, also including interest payments on public debt. In September, the Central Government presented a deficit of R$42.339 billion. Furthermore, regional governments contributed a negative balance of R$10.887 billion, while state-owned companies had a deficit of R$541 million.

*Report produced with the help of AI
Published by Fernando Dias

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