The Primary Budget Surplus indicates the difference between government revenue and non-interest spending, serving as a key metric for fiscal health in Brazil. It excludes interest payments on public debt, providing a clearer picture of the government's ability to manage its current operational budget. Achieving a primary surplus is often a target for the Brazilian government to ensure long-term debt sustainability. Financial markets watch this indicator closely to assess the credibility of the nation's fiscal policy.
Calculated by the Central Bank of Brazil as total government revenues minus all primary expenditures (excluding interest on debt) across federal, state, and municipal levels.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 1.40 | — | — |
| Jul 31, 2026 | -55.30 | — | — |
| Jun 30, 2026 | -56.13 | — | — |
| May 29, 2026 | 24.62 | — | — |
| Apr 30, 2026 | -80.68 | — | — |
| Jan 30, 2026 | 6.25 | — | — |
| Dec 30, 2025 | -14.40 | — | — |
| Nov 28, 2025 | 32.39 | — | — |
| Oct 31, 2025 | -17.45 | — | — |
| Sep 30, 2025 | -17.25 | — | — |
| Aug 29, 2025 | -66.57 | — | — |
| Jul 31, 2025 | -47.09 | — | — |
| Jun 30, 2025 | -33.74 | — | — |
| May 30, 2025 | 14.15 | — | — |
| Apr 30, 2025 | 3.59 | — | — |
| Apr 8, 2025 | -18.97 | — | — |
| Mar 14, 2025 | 104.10 | — | — |
| Jan 31, 2025 | 15.74 | — | — |
| Dec 30, 2024 | -6.60 | — | — |
| Aug 30, 2024 | -21.35 | — | — |
| Jun 28, 2024 | -63.90 | — | — |
| May 29, 2024 | 6.69 | — | — |
| Apr 5, 2024 | -48.69 | — | — |
| Feb 7, 2024 | -129.57 | — | — |
