In 2021, general government net debt (% of GDP) for Brazil was 57.2 %. Before general government net debt (% of GDP) of Brazil started to increase to reach a level of 57.2 % in 2021, it went through a trough reaching a low of 30.5 % in 2013.
The description is composed by our digital data assistant.Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.