In values, it corresponds to R $ 9.1 trillion; GDP growth contributed to falling indebtedness in the month
DBGG (Gross Government Gross Debt) of Brazil fell from 76.10% of GDP (Gross Domestic Product) in February to 75.91% of GDP in March. (Central Bank) released the report “Tax statistics”This Wednesday (30.br.2025). The document brings monthly data on public accounts. Here A (PDF – 253 KB).
In values, Brazil’s gross debt corresponds to R $ 9.1 trillion.
Gross debt is composed by the federal government, the INSS (National Institute of Social Security) and the regional governments (states and municipalities). The reduction of 0.19 pp (percentage point) in indebtedness is due to 3 factors. They are:
- Nominal GDP variation (-0.6 pp);
- Net debt rescue (-0.3 pp);
- Effect of currency enhancement (-0.1 pp).
According to the BC, the payment of nominal interest contributed to the increase of 0.8 percentage point in gross debt in March.
In the year, DBGG reduced 0.59 percentage point. Here are the highlights that motivated the debt drop:
- Nominal GDP growth (-1.5 pp);
- Net debt rescues (-0.9 pp);
- Effect of currency enhancement (-0.3 pp);
- Incorporation of nominal interest (+2.2 pp).
The country’s gross debt grew 4.23 percentage points in the Government (PT).