I'm currently recollecting data for an econometrics model I want to build later on with a panel data model.
However, sometimes it is difficult to find certain information.
For example, I want to look at the fiscal deficit (not the primary fiscal deficit, but the one that includes expenses for the debt service each year) of, say, Brasil; but I'm at a crossroads: I have these 2 sources where I can get data from:
- IMF World Economic Outlook Database: "General government net lending/borrowing".
- CEIC Data: "Brazil Consolidated Fiscal Balance: % of GDP".
Although these two sources have more or less the same movement over time (for example, the two of them recorded a big fiscal deficit for Brazil for 2015), the amounts are very different and vary a lot between them. Also, CEIC Data seems very suspicious: their sources do not satisfy me.
However, I don't know if "General government net lending/borrowing" by the IMF truly represents fiscal deficit.
Which one of those sources should I use to obtain Brasil and other countries' fiscal deficits?
Thank you very much.