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Government Finance of Brazil

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

9.7% 11.0% 24.0% 42.7%
  • Personal income taxes: 9.7%
  • Corporate income taxes: 11.0%
  • Social security contributions: 24.0%
  • Payroll taxes: 1.7%
  • Property taxes: 4.7%
  • Goods and services taxes: 42.7%
Show table
Personal income taxes
9.7%
Corporate income taxes
11.0%
Social security contributions
24.0%
Payroll taxes
1.7%
Property taxes
4.7%
Goods and services taxes
42.7%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 96.5% #22 / 184 2026
Government Gross Debt (Local currency - BRL) 13.19T - 2026
Government Net Debt (% of GDP) 70.8% #15 / 86 2026
Government Net Debt (Local currency - BRL) 9.68T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -7.7% #171 / 189 2026
Fiscal Balance (Local currency - BRL) -1.05T - 2026
Primary Fiscal Balance (% of GDP) -0.5% #69 / 182 2026
Primary Fiscal Balance (Local currency - BRL) -61.8B - 2026

Revenue and Spending

Government Revenue (% of GDP) 40.2% #42 / 189 2026
Government Revenue (Local currency - BRL) 5.49T - 2026
Government Spending (% of GDP) 47.9% #28 / 189 2026
Government Spending (Local currency - BRL) 6.54T - 2026

International Reserves

Total Reserves (USD) 330B #11 / 163 2024

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