Brazil’s gross general government debt reached 78.7% of GDP (R$10.0 trillion) in 2025, rising 2.4 percentage points over the year. The increase mainly reflected the impact of accrued nominal interest (+8.9 p.p.) and debt recognition (+0.2 p.p.), partly offset by nominal GDP growth (-5.7 p.p.), exchange-rate appreciation (-0.5 p.p.), net debt issuance (-0.3 p.p.), and other external debt adjustments (-0.2 p.p.). In December, the debt-to-GDP ratio fell 0.3 p.p., driven chiefly by net debt redemptions (-0.7 p.p.) and the effect of nominal GDP growth (-0.5 p.p.), which more than offset the impact of accrued nominal interest (+0.8 p.p.). source: Banco Central do Brasil

Gross Debt to GDP in Brazil decreased to 78.70 percent of GDP in December from 79 percent of GDP in November of 2025. Gross Debt to GDP in Brazil averaged 76.20 percent of GDP from 2015 until 2025, reaching an all time high of 90.70 percent of GDP in October of 2020 and a record low of 61.70 percent of GDP in April of 2015. This page includes a chart with historical data for Brazil Gross Debt To GDP. Brazil Gross Debt To GDP - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Gross Debt to GDP in Brazil decreased to 78.70 percent of GDP in December from 79 percent of GDP in November of 2025. Gross Debt to GDP in Brazil is expected to be 80.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Gross Debt To GDP is projected to trend around 90.00 percent of GDP in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-30 11:30 AM
Gross Debt to GDP
Nov 79.0% 78.6% 79% 78.7%
2026-01-30 11:30 AM
Gross Debt to GDP
Dec 78.7% 79% 79.5% 79.2%
2026-03-13 11:30 AM
Gross Debt to GDP
Jan 78.7%


Related Last Previous Unit Reference
Credit Rating 46.00 Jan 2026
Government Budget -8.50 -8.84 percent of GDP Dec 2024
Nominal Budget Balance -115502.00 -101600.00 BRL Million Dec 2025
Government Debt 9990926.09 9855839.29 BRL Million Nov 2025
Government Debt to GDP 76.50 73.83 percent of GDP Dec 2024
Federal Tax Revenues 226753.00 261908.00 BRL Million Nov 2025
Government Spending 61593.52 60390.74 BRL Million Sep 2025
Gross Debt to GDP 78.70 79.00 percent of GDP Dec 2025
Holidays
Military Expenditure 20947.70 21788.30 USD Million Dec 2024


Brazil Gross Debt To GDP
Actual Previous Highest Lowest Dates Unit Frequency
78.70 79.00 90.70 61.70 2015 - 2025 percent of GDP Monthly
NSA