Instituto Brasileiro de Geografia e Estatística

About - 2024

This newsletter, the result of a partnership between the IBGE, the National Treasury Secretariat and the Central Bank of Brazil, shows statistics on the public finances of the General Government – ​​an institutional sector that comprises all government units (central, state and municipal) and the social security funds controlled by them – for 2024. This partnership has the purpose of promoting the exchange and sharing of accounting and tax information between the databases of these entities, through the harmonization of classifications, concepts and procedures and the definition of parameters for the harmonized and integrated production, maintenance and use of data sources, with a view not only to the conceptual compatibility of such sources, but also to the rationalization of the application of public resources in the generation and maintenance of said bases.

The central government's information has as its primary sources the Federal Government's Financial Administration System - Siafi, from the National Treasury Secretariat, as well as data from the accounting statements of the Length-of-Service Guarantee Fund - FGTS and the remaining PIS/Pasep fund (Social Integration Program and Public Servant Asset Formation Program). The information from the States, the Federal District and the Municipalities, in turn, comes from Finbra (Brazilian Finance - Municipal Accounting Data), from the Brazilian Public Sector Accounting and Tax Information System - Siconfi, under the responsibility of the same Secretariat. In a complementary way, information from the transparency portals of these entities is also used.

This edition maintains the system adopted from 2019 onwards, when the published results began to have as reference the year immediately preceding the year of publication, based on an overview of the link between Public Finance Statistics, prepared according to the principles and concepts defined in the Government finance statistics manual 2014, GFSM 2014, of the International Monetary Fund - IMF, and the Government Intermediate Account, which follows the recommendations of the System of national accounts 2008, SNA 2008, a manual prepared under the auspices of the United Nations - UN, European Commission - Eurostat, International Monetary Fund - IMF, Organization for Economic Cooperation and Development - OECD and the World Bank.

The Public Finance Statistics and Government Intermediate Account newsletters are also available in printed form. The technical notes, which include a glossary with terms and concepts considered relevant for understanding the results, are published separately and are only accessible digitally. They bring methodological considerations about the two statistical systems and highlight the similarities between them and the ways of reconciling differences, in cases where they occasionally exist, in order to guarantee the consistency of macroeconomic data.

The results presented here do not replace or be confused with other statistics related to public finances, such as the National Treasury Result, published by the National Treasury Secretariat, and fiscal statistics published by the Central Bank of Brazil, which observe specific methodological aspects.

All of this information constitutes a significant advance in the development of standards for the compilation and presentation of fiscal statistics and is part of a global trend in the search for transparency in public finances.