Brazil Economic Monitor

Sep 13, 2015

Brazil: Gross Public Debt

Brazil's gross government debt reached 64.6% of GDP in July 2015. The debt-to-GDP goes on upward trend, reaching 53.3% in December 2013 and 58.9% in December 2014. Spending with high interest rates, the fall in tax revenue and increased public spending explain the behavior of the Brazilian debt.

The following chart shows the recent evolution of gross debt to GDP.

Dívida Pública do Brasil
Source: Central Bank of Brazil

Jan 6, 2015

Brazil - Maturity of Federal Debt

The maturity of the federal public debt was 43,6 months in November.2014. In the same month of the year before, it was 42.8.2 months. 

The chart below shows the evolution of the maturity of federal debt in recent period.

Maturity of debt issued by Brazilian Federal Government
Source: Central Bank of Brazil

Jan 5, 2015

Brazil: Trade Balance

The trade balance had a USD 3.9 billion deficit in 2014. The main reason for this deficit was the fall in export commodity prices, such as iron ore nd soybeans.Brazilian exports totaled USD 225.1 billion and imports USD 229 billion in 2014.

The chart below presents the recent evolution of the Brazilian trade balance.

Brazilian Trade Balance in 2014
Source: Ministry of Industry and Development