High was 9.62% compared to 2023; The result will not be enough to compensate for spending
The federal revenue broke record in 2024. R $ 2.71 trillion From January to December, the largest real value – corroded by inflation – since the beginning of the historical series, which began in 1995. The IRS released the result on this 3rd (28.jan.2025). This is the presentation (PDF – 703 kb).
Despite being a record, the collection should not avoid the deficit in public accounts, when government expenses exceeded revenues. The Minister of Finance, that the negative balance will be 0.1% of GDP (Gross Domestic Product), but disregards spending on floods in Rio Grande do Sul and the burning.
Federal revenue rose 9.62% in 2024 compared to 2023. In addition to being the largest tax gain in 29 years, it had the largest annual increase since 2021, when it rose 17.36%. The performance of economic activity favored the collection. THE Poder360 It has shown that in the last 2 years the country more than 3%.
Collection in December
In December, federal collection totaled R $ 261.3 billion in December 2024, the largest value for the month of the historical series, which began in 1995.
Public accounts
The Government (PT) should have a primary deficit of 0.1% of GDP by 2024. This negative balance disregards the spending on floods in Rio Grande do Sul and the burning in the country. The deficit would be 0.4% of GDP, outside the range allowed by the goal.
The economic team aimed to reset the primary deficit. The goal sets a maximum negative balance of up to 0.25 percentage point of GDP. In 2024, this value was R $ 28.8 billion.
In the Fiscal Monitoring Report, the Federal Senate’s Independent Fiscal Institution said that the Lula government had a deficit of R $ 46.3 billion in 2024. By disregarding the exceptionalized expenses of the fiscal target rule, the negative balance falls to r $ 14.5 billion.