Brazil recorded a Government Debt to GDP of 88.83 percent of the country's Gross Domestic Product in 2020. source: Banco Central do Brasil

Government Debt to GDP in Brazil averaged 62.62 percent of GDP from 2006 until 2020, reaching an all time high of 88.83 percent of GDP in 2020 and a record low of 51.27 percent of GDP in 2011. This page provides - Brazil Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Government Gross Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Brazil is expected to reach 98.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Government Gross Debt to GDP is projected to trend around 99.00 percent of GDP in 2022 and 100.00 percent of GDP in 2023, according to our econometric models.

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Brazil Government Gross Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
88.83 74.26 88.83 51.27 2006 - 2020 percent of GDP Yearly

Brazil Government Last Previous Highest Lowest Unit
Government Debt to GDP 88.83 74.26 88.83 51.27 percent of GDP [+]
Government Budget -13.40 -5.90 -2.00 -13.40 percent of GDP [+]
Government Budget Value -55403.00 -75595.00 29966.00 -210161.00 BRL Million [+]
Government Spending 158956.73 184080.68 259875.37 9016.42 BRL Million [+]
Government Revenues 171270.00 137169.00 180200.00 12715.40 BRL Million [+]
Military Expenditure 25101.00 25907.00 27074.00 1687.00 USD Million [+]
Credit Rating 42.00 [+]
Government Debt 6797927.95 6729562.39 6797927.95 1336644.90 BRL Million [+]

Brazil Government Gross Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.