Brazil · Economy
Key Facts
—The swing. Brazil’s public accounts ran a R$24.9bn ($4.8bn) primary deficit in the first five months of 2026, reversing a R$69.1bn surplus a year earlier.
—The month. May alone brought a R$56.1bn ($10.9bn) consolidated primary deficit, up from R$33.7bn in May 2025.
—The debt. Gross general government debt reached 81.1% of GDP, the highest in five years and up nearly a full point on the month.









