Brazil posted a budget surplus of BRL 63.7 billion in January 2025, up from BRL 22.2 billion last year and surpassing the expected BRL 35.3 billion. This is the first surplus in a year and the largest since January 2022, with the central government surplus rising to BRL 49.6 billion.
Brazil achieved a notable nominal budget surplus of BRL 63.7 billion in January 2025. This figure is significantly higher than the BRL 22.2 billion surplus recorded in January 2024 and exceeds the expectations of BRL 35.3 billion. This marks the government’s first budget surplus in a year and the largest since January 2022. The central government surplus increased dramatically to BRL 49.6 billion from BRL 9.65 billion in the same period last year.
In conclusion, Brazil’s January 2025 budget surplus of BRL 63.7 billion exceeded expectations and represented a substantial increase from the previous year. The notable rise in the central government surplus indicates a positive shift in fiscal management and economic performance.
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