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.
External debt as percentage of gross domestic product in Brazil from 2000 to 2023
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Economic Commission for Latin America and the Caribbean. (August 21, 2024). External debt as percentage of gross domestic product in Brazil from 2000 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. "External debt as percentage of gross domestic product in Brazil from 2000 to 2023." Chart. August 21, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. (2024). External debt as percentage of gross domestic product in Brazil from 2000 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean. "External Debt as Percentage of Gross Domestic Product in Brazil from 2000 to 2023." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/
Economic Commission for Latin America and the Caribbean, External debt as percentage of gross domestic product in Brazil from 2000 to 2023 Statista, https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/ (last visited December 21, 2024)
External debt as percentage of gross domestic product in Brazil from 2000 to 2023 [Graph], Economic Commission for Latin America and the Caribbean, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1057102/brazil-government-external-debt-share-gdp/