Public debt rises 0.71% and reaches R $ 7.94 trillion in July

Public debt rose 0.71% in July compared to June 2025. The values ​​reach R $ 7.94 trillion, which represents an increase of R $ 55.8 billion in the period.

Debt stock includes government debts in Brazil and abroad. The data were released by this Wednesday (27.ago.2025). Read the presentation (PDF – 1.8 MB).

According to the Treasury, the variation was due to the net emission of R $ 33.81 billion and the positive appropriation of interest that totaled R $ 89.6 billion.

In the previous month ,. Public debt is issued by the Federal Government to finance the budget deficit, ie to cover expenses that exceed the collection with taxes, contributions and other revenues.

The indicator is considered one of the main references for evaluating the country’s payment capacity by global agencies that evaluate investment degree.

Gross debt

The percentage of public debt in relation to GDP (Gross Domestic Product) was, according to (Central Bank). The indebtedness remained virtually stable compared to May.

New data on DBGG (Gross Government Gross Debt), as the indicator is known, will be released by the monetary authority on Friday (29.ago).

The BC has a broader methodology as it includes government titles with monetary authority and debts from state and municipal governments.

Liquidity reserve

The National Treasury liquidity reserve recorded R $ 988.35 billion in July – a 4% in relation to June, when the result was R $ 1.03 trillion. The index corresponds to 7.75 months of debt due.

The reserve is the cash money intended exclusively for the payment of the debt and the available balance of funds from the issuance of securities. Compared to July 2024, there was a drop of 11.2%. 1 year ago, the reserve was $ 1.11 trillion.

Debt holders

This is how the participation of public debt holders occurs in July:

• 31,3% – Financial institutions;
• 23,5% – Social Security;
• 21,7% – Funds;
• 13,7% – Other groups;
• 9,9% – Not residents;
• 3,7% – Insurers;