The ratio of national debt to gross domestic product (GDP) in Brazil was forecast to continuously increase between 2024 and 2029 by in total ten percentage points. After the seventh consecutive increasing year, the ratio is estimated to reach 97.56 percent and therefore a new peak in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Ratio of national debt to gross domestic product (GDP) of Brazil from 2007 to 2029 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/
IMF. "Ratio of national debt to gross domestic product (GDP) of Brazil from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/
IMF. (2024). Ratio of national debt to gross domestic product (GDP) of Brazil from 2007 to 2029. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/
IMF. "Ratio of National Debt to Gross Domestic Product (Gdp) of Brazil from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/
IMF, Ratio of national debt to gross domestic product (GDP) of Brazil from 2007 to 2029 Statista, https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/ (last visited November 05, 2024)
Ratio of national debt to gross domestic product (GDP) of Brazil from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1391887/ratio-of-national-debt-to-gross-domestic-product-gdp-brazil/