Brazil recorded a Government Debt to GDP of 76.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - Brazil Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Brazil Government Debt: % of GDP

• Brazil Government debt accounted for 76.1 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 77.4 % in the previous quarter.
• Brazil government debt to GDP ratio data is updated quarterly, available from Dec 2006 to Dec 2024.
• The data reached an all-time high of 87.4 % in Sep 2020 and a record low of 51.3 % in Dec 2011.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of monthly Nominal GDP. The Central Bank of Brazil provides Government Debt in local currency and Nominal GDP in local currency.


Related information about Brazil Government Debt: % of GDP

• In the latest reports, Brazil National Government Debt reached 1,452.8 USD bn in Dec 2024.
• The country's Nominal GDP reached 491.3 USD bn in Mar 2023.

Gross Debt to GDP in Brazil increased to 76.10 percent of GDP in May from 76 percent of GDP in April of 2025. This dataset includes a chart with historical data for Brazil Gross Debt To GDP.

This statistic shows the national debt of Brazil from 2020 to 2023 in relation to the gross domestic product (GDP), with projections up until 2030. The figures refer to the whole country and include the debts of the state, the communities, the municipalities and the social insurances. In 2023, the national debt of Brazil amounted to approximately 84 percent of the GDP. Brazil's economy Brazil has one of the largest economies in the world by gross domestic product ) and Purchasing Power Parity. In 2014, the Brazil's gross domestic product amounted to around 2.24 trillion U.S. dollars. However, it is estimated that by 2030, Brazil will have the fourth highest gross domestic product in the world. In 2014, the United States reported the largest gross domestic product worldwide. However, the estimated national debt of the United States in 2014 was over 105 percent of the gross domestic product, while the estimated national debt of Brazil was approximately 66 percent the same year. Even though the national debt of Brazil has slightly decreased over the last decade, it still remains relatively high. A country's national debt refers to the whole country and includes the debts of the state, the communities, the municipalities and the social insurances. In Brazil, the high national debt is also due to country's trade deficit. In 2013, Brazil’s trade deficit amounted to an estimated 3.3 percent of the GDP, adding up to approximately 8.3 billion U.S. dollars in total.

The ratio of national debt to gross domestic product (GDP) of Brazil was estimated at about 87.28 percent in 2024. From 2000 to 2024, the ratio rose by approximately 25.08 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 12.14 percentage points, showing an overall upward trend with periodic ups and downs.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Historical chart and dataset showing Brazil debt to gdp ratio by year from 2010 to 2023.

Key information about Brazil External Debt: % of GDP

• Brazil External Debt accounted for 27.5 % of the country's Nominal GDP in 2024, compared with the ratio of 27.7 % in the previous year.
• Brazil External Debt: % of Nominal GDP data is updated yearly, available from Dec 1992 to Dec 2024.
• The data reached an all-time high of 44.9 % in Dec 2002 and a record low of 15.5 % in Dec 2008.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Central Bank of Brazil provides External Debt in USD based on BPM6 and Nominal GDP in USD based on SCN 2010/SNA 2008. External Debt as % of Nominal GDP prior to 1999 is calculated from External Debt based on BPM5 and Nominal GDP based on SNA 1993.


Related information about Brazil External Debt: % of GDP

• In the latest reports of Brazil, Current Account recorded a deficit of 8.7 USD bn in Jan 2025.
• Foreign Direct Investment (FDI) increased by 5.4 USD bn in May 2023.
• Brazil Direct Investment Abroad expanded by 4.2 USD bn in Jan 2025.
• Its Foreign Portfolio Investment fell by 2.4 USD bn in Dec 2024.
• The country's External Debt reached 575,357.5 in Dec 2022.
• The country's Nominal GDP was reported at 491.3 USD bn in Mar 2023.

Brazil's central government is one of the most indebted in the Latin American region. In 2023, most of the debt that Brazil's central government held was owed to creditors based in the country, representing up to 65.6 percent of its gross domestic product (GDP). The internal debt to GDP ratio increased almost three percentage points between 2022 and 2023.

In 2023, the public debt that Brazil's central government owed to foreign creditors equaled 8.8 percent of the country's gross domestic product (GDP). The volume of external debt in relation to GDP more than doubled in comparison to 2017, when it stood at only 3.5 percent. Still, Brazil is one of the Latin American countries with the lowest share of external debt based on GDP.

Key information about Brazil Private Debt: % of Nominal GDP

• Brazil Private Debt accounted for 52.75 % of its Nominal GDP in Dec 2024, compared with a ratio of 51.81 % in the previous quarter
• Brazil Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2012 to Dec 2024, with an average share of 47.49 %
• The data reached an all-time high of 52.75 % in Dec 2024 and a record low of 42.86 % in Sep 2018

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and monthly annualized Nominal GDP. The Central Bank of Brazil provides Private Debt in local currency and Nominal GDP in local currency.

Brazil External Debt Ratio: Total Debt to GDP data was reported at 17.006 % in Mar 2025. This records an increase from the previous number of 15.954 % for Dec 2024. Brazil External Debt Ratio: Total Debt to GDP data is updated quarterly, averaging 17.410 % from Dec 1995 (Median) to Mar 2025, with 118 observations. The data reached an all-time high of 51.544 % in Mar 2004 and a record low of 11.444 % in Jun 2010. Brazil External Debt Ratio: Total Debt to GDP data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.FD015: Gross External Debt: External Indebtedness Indicators. The statistics of the external debt comprises the total received on a certain date, the contractual debts effectively disbursed and not yet settled, from residents with non-residents, where there is an obligation to pay principal and / or interest. It is considered short-term debt that one whose maturity is equal to or less than 360 days, and long-term debt the one that exceeds this limit. Starting in June 2001, the Central Bank of Brazil, aiming at the improvement of statistics on the Brazilian foreign debt, decided to separate the values related to inter-companies loans, which were classified as direct investment in the country, as well as the relative to the principal installments of foreign loans overdue more than 120 days. According to the Brazilian Central Bank, the external debt registered and unregistered started to be released as the total gross external debt following a concept in accordance with international standards. A estatística da dívida externa compreende o total apurado em determinada data, dos débitos contratuais efetivamente desembolsados e ainda não quitados, de residentes com não residentes, onde haja a obrigatoriedade de pagamento de principal e/ou juros. Considera-se dívida de curto prazo aquela cujo vencimento é igual ou inferior a 360 dias, e de longo prazo aquela que ultrapasse este limite. A partir de junho de 2001, o Banco Central do Brasil, objetivando o aperfeiçoamento das estatísticas sobre a dívida externa brasileira, decidiu separar do seu total os valores relacionados a empréstimos Inter companhias, que foram classificados como investimento direto no País, bem como os relativos a parcelas de principal de operações de crédito externo vencidas há mais de 120 dias. De acordo com o Banco Central do Brasil, a dívida externa registrada e não registrada começou a ser publicada como a dívida externa bruta total seguindo um conceito de acordo com as normas internacionais.

Households Debt in Brazil increased to 36.40 percent of GDP in the fourth quarter of 2024 from 35.80 percent of GDP in the third quarter of 2024. This dataset provides - Brazil Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The general government net debt as a share of the gross domestic product (GDP) of Brazil was estimated at about 61.48 percent in 2024. From 2001 to 2024, the share rose by approximately 9.99 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the share will rise by around 12.99 percentage points, showing an overall upward trend with periodic ups and downs.

Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: General Government data was reported at 63.760 % in Mar 2025. This records a decrease from the previous number of 63.960 % for Feb 2025. Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: General Government data is updated monthly, averaging 45.400 % from Jan 1998 (Median) to Mar 2025, with 327 observations. The data reached an all-time high of 66.520 % in Jul 2020 and a record low of 30.080 % in Jan 1998. Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: General Government data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.FB013: Public Sector Net Debt: % of Nominal GDP: by Sector.

Historical dataset showing Brazil debt to gdp ratio by year from 2010 to 2023.

External Debt to GDP in Brazil decreased to 16 percent of GDP in the fourth quarter of 2024 from 16.90 percent of GDP in the third quarter of 2024. This dataset includes a chart with historical data for Brazil External Debt To GDP.

Household debt to GDP, in percent in Brazil, December, 2024 The most recent value is 36.4 percent as of December 2024, an increase compared to the previous value of 35.8 percent. Historically, the average for Brazil from March 1999 to December 2024 is 22.11 percent. The minimum of 10.1 percent was recorded in September 2003, while the maximum of 36.4 percent was reached in December 2024. | TheGlobalEconomy.com

Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: External: Cerntral Government & Centra data was reported at -7.250 % in Feb 2025. This records a decrease from the previous number of -7.150 % for Jan 2025. Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: External: Cerntral Government & Centra data is updated monthly, averaging -6.440 % from Jan 1993 (Median) to Feb 2025, with 386 observations. The data reached an all-time high of 14.590 % in Sep 2002 and a record low of -18.320 % in Sep 2020. Brazil Net Public Debt to(GDP) Gross Domestic ProductRatio: External: Cerntral Government & Centra data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Global Database’s Brazil – Table BR.FB013: Public Sector Net Debt: % of Nominal GDP: by Sector.

Central government debt, total (% of GDP) in Brazil was reported at 83.7 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Brazil - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Brazil: Government debt as percent of GDP: The latest value from 2024 is 76.11 percent, an increase from 73.83 percent in 2023. In comparison, the world average is 55.78 percent, based on data from 7 countries. Historically, the average for Brazil from 2006 to 2024 is 65.08 percent. The minimum value, 51.27 percent, was reached in 2011 while the maximum of 86.94 percent was recorded in 2020.