Brazil’s federal government collected a record BRL 264.4 billion in taxes and contributions in June, representing a real-term increase of 7.7% compared to the same month last year.
The data, released by the federal revenue service, underscores a continued strengthening of the country’s fiscal position amid favorable macroeconomic conditions.
The surge was primarily driven by higher revenues linked to oil prices, alongside robust performance in key economic indicators such as overall economic activity, wage mass, and import volumes.
These factors combined to push collections well above the previous year’s levels, even after adjusting for inflation.
This follows a similarly strong performance in May, when federal collections reached BRL 266.8 billion, marking a 10.7% real year-on-year increase.
The consecutive months of record-breaking revenue provide a buffer for the government as it navigates fiscal targets and potential spending pressures.