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Brazil's primary deficit hits 0.48% of GDP in 2025

ReutersJan 29, 2026 12:41 PM

- Brazil's central government ended 2025 with a primary deficit of 61.7 billion reais ($11.88 billion), equivalent to 0.48% of gross domestic product (GDP), Treasury data showed on Thursday, a real increase of 32.3% from the previous year's shortfall.

In December alone, the government posted a primary surplus of 22.1 billion reais, down 12% in real terms from the same month in 2024.

($1 = 5.1937 reais)

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