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.

Government Debt in Brazil increased to 9619767.41 BRL Million in August from 9555157.65 BRL Million in July of 2025. This dataset provides - Brazil Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Gross Debt to GDP in Brazil increased to 77.60 percent of GDP in July from 76.60 percent of GDP in June of 2025. This dataset includes a chart with historical data for Brazil Gross Debt To GDP.

Key information about Brazil National Government Debt

• Brazil National Government Debt reached 1,452.8 USD bn in Dec 2024, compared with 1,516.3 USD bn in the previous month.
• Brazil National Government Debt data is updated monthly, available from Dec 2000 to Dec 2024.
• The data reached an all-time high of 1,670.0 USD bn in Feb 2024 and a record low of 306.0 USD bn in Sep 2002.

CEIC converts monthly Government Debt into USD. The Central Bank of Brazil provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt prior to December 2006 excludes National Treasury Securities and includes Repo Operations.


Related information about Brazil National Government Debt

• In the latest reports, Brazil Consolidated Fiscal Balance recorded a deficit equal to 5.8 % of its Nominal GDP in Dec 2024.
• The country's Government debt accounted for 76.1 % of its Nominal GDP in Dec 2024.
• Brazil Nominal GDP reached 491.3 USD bn in Mar 2023.

Graph and download economic data for Central government debt, total (% of GDP) for Brazil (DEBTTLBRA188A) from 2010 to 2023 about Brazil, debt, government, and GDP.

Graph and download economic data for General government gross debt for Brazil (GGGDTABRA188N) from 2000 to 2023 about Brazil, debt, gross, and government.

Brazil Federal Public Debt: Domestic: Government data was reported at 161.832 BRL bn in Apr 2019. This records a decrease from the previous number of 163.865 BRL bn for Mar 2019. Brazil Federal Public Debt: Domestic: Government data is updated monthly, averaging 140.686 BRL bn from Jan 2007 (Median) to Apr 2019, with 148 observations. The data reached an all-time high of 172.430 BRL bn in Apr 2011 and a record low of 0.000 BRL bn in Nov 2010. Brazil Federal Public Debt: Domestic: Government data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FC008: Federal Public Debt: Held by the Public: Domestic: Outstanding: by Holders of Public Securities. This data is part of the Monthly Report of Federal Public Debt from National Treasury. Displays information about emissions, redemptions, stock, maturity profile and average cost to the Federal Public Debt, including both the internal and external debts, responsibility of the National Treasury market.

According to the source, the gross public debt of the South American country amounted to approximately **** trillion U.S. dollars in the first quarter of 2025, dwon from **** trillion dollars in the same quarter of the previous year.

Brazil Federal Public Debt: Monthly Average Cost: External: Securities: Global BRL data was reported at 10.161 % pa in Apr 2019. This records an increase from the previous number of 10.160 % pa for Mar 2019. Brazil Federal Public Debt: Monthly Average Cost: External: Securities: Global BRL data is updated monthly, averaging 10.812 % pa from Jan 2005 (Median) to Apr 2019, with 172 observations. The data reached an all-time high of 13.199 % pa in Sep 2006 and a record low of 0.000 % pa in Aug 2005. Brazil Federal Public Debt: Monthly Average Cost: External: Securities: Global BRL data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FC023: Federal Public Debt: Held by the Public: Monthly Average Cost. This data is part of the Monthly Report of Federal Public Debt from National Treasury. Displays information about emissions, redemptions, stock, maturity profile and average cost to the Federal Public Debt, including both the internal and external debts, responsibility of the National Treasury market.

Brazil Federal Public Debt: Domestic: Non-residents data was reported at 465.431 BRL bn in Apr 2019. This records an increase from the previous number of 460.880 BRL bn for Mar 2019. Brazil Federal Public Debt: Domestic: Non-residents data is updated monthly, averaging 265.727 BRL bn from Jan 2007 (Median) to Apr 2019, with 148 observations. The data reached an all-time high of 498.867 BRL bn in Nov 2015 and a record low of 16.881 BRL bn in Jan 2007. Brazil Federal Public Debt: Domestic: Non-residents data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FC008: Federal Public Debt: Held by the Public: Domestic: Outstanding: by Holders of Public Securities. This data is part of the Monthly Report of Federal Public Debt from National Treasury. Displays information about emissions, redemptions, stock, maturity profile and average cost to the Federal Public Debt, including both the internal and external debts, responsibility of the National Treasury market.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Brazil (DDDM06BRA156NWDB) from 1980 to 2020 about public, Brazil, debt, securities, and GDP.

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.

Brazil Federal Public Debt: Outstanding: External: Securities: Global BRL data was reported at 4.423 BRL bn in Apr 2019. This records a decrease from the previous number of 4.494 BRL bn for Mar 2019. Brazil Federal Public Debt: Outstanding: External: Securities: Global BRL data is updated monthly, averaging 5.109 BRL bn from Jan 2006 (Median) to Apr 2019, with 160 observations. The data reached an all-time high of 19.210 BRL bn in May 2006 and a record low of 2.165 BRL bn in Feb 2013. Brazil Federal Public Debt: Outstanding: External: Securities: Global BRL data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FC019: Federal Public Debt: Held by the Public and Central Bank: Outstanding. This data is part of the Monthly Report of Federal Public Debt from National Treasury. Displays information about emissions, redemptions, stock, maturity profile and average cost to the Federal Public Debt, including both the internal and external debts, responsibility of the National Treasury market.

Central government debt, total (% of GDP) in Brazil was reported at 83.03 % 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 October of 2025.

The national debt of Brazil was estimated at approximately 2.05 trillion U.S. dollars in 2024. Following a continuous upward trend, the national debt has risen by around 1.90 trillion U.S. dollars since 2000. Between 2024 and 2030, the national debt will rise by around 1.23 trillion U.S. dollars, continuing its consistent upward trajectory.

Brazil Federal Public Debt: Domestic: Maturities: Other: 1 to 2 years data was reported at 0.000 BRL bn in Apr 2019. This stayed constant from the previous number of 0.000 BRL bn for Mar 2019. Brazil Federal Public Debt: Domestic: Maturities: Other: 1 to 2 years data is updated monthly, averaging 0.000 BRL bn from Dec 1999 (Median) to Apr 2019, with 233 observations. The data reached an all-time high of 0.558 BRL bn in Jan 2000 and a record low of 0.000 BRL bn in Apr 2019. Brazil Federal Public Debt: Domestic: Maturities: Other: 1 to 2 years data remains active status in CEIC and is reported by National Treasury Secretariat. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FC011: Federal Public Debt: Held by the Public: Domestic: by Maturities: Indexing Factor. This data is part of the Monthly Report of Federal Public Debt from National Treasury. Displays information about emissions, redemptions, stock, maturity profile and average cost to the Federal Public Debt, including both the internal and external debts, responsibility of the National Treasury market.

Abstract This paper aims to discuss the connection between monetary policy and public debt in Brazil, highlighting the consequences. To do so, it begins with a historical resumption of the emergence of the market for public debt and the institutions responsible for its management. This is followed by an analysis of the data on the variables related to monetary policy and public debt between 1999 and 2016. From this analysis, we observed the existence of a problematic connection between two policies - monetary and fiscal - given by the Selic rate, which is both an instrument to control the inflation and the rate that remunerates a significant portion of public debt. The paper concludes that this link reduces the effectiveness of these policies, requiring actions such as the untying of monetary policy and public debt, the increase in the term and duration of debt, the change in composition and, particularly, a reduction of the Selic rate.

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.