Oct 1, 2011

Net Public Debt

The ratio net public debt to GDP reached 39.19% in August 2011 and come in a downward trend over the past 10 years, as we can see in the graphic below. In 2008, this ratio reached the lowest value on record, mainly due to rise in the dollar this year because the government was (and still is) a creditor in foreign currency.

Source: Central Bank of Brazil

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