Oct 20, 2013

Brazil - Net Public Debt Aug-2013

The ratio net public debt to GDP reached 33,84 % in August 2013 and come in a downward trend over the last decade, as we can see in the graphic below. The Brazilian government is a creditor in foreign currency, and the movements of BRL depreciation leads to debt reduction, as occurred in 2008 and the start of the 2nd half of 2013.

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