Brazil's Fiscal Deficit Rises to 9.41% of GDP
Brazil's nominal public sector deficit reached 9.41% of GDP by March 2026, marking a nearly one percentage point increase from the prior period. This combined shortfall across all public administrations totals approximately $244 billion, representing one of the highest readings for the Latin American economy in recent years.
<p> <img alt="The Brazilian economy grew 2.3% in 2025, below the 3.4% recorded in 2024, and the Central Bank itself projects a further slowdown to 1.6% for the current year" height="80" src="https://en.mercopress.com/data/cache/noticias/109978/100x80/50.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Brazil's nominal public sector deficit reached 9.41% of gross domestic product in the twelve months to March 2026, nearly one percentage p...