Government Debt in Brazil increased to 5540964.87 BRL Million in July from 5498994.83 BRL Million in June of 2019. Government Debt in Brazil averaged 3022574.98 BRL Million from 2006 until 2019, reaching an all time high of 5540964.87 BRL Million in July of 2019 and a record low of 1336644.90 BRL Million in December of 2006.
Government Debt in Brazil is expected to be 5482798.34 BRL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Brazil to stand at 5800000.00 in 12 months time. In the long-term, the Brazil General Government Gross Debt is projected to trend around 6308816.68 BRL Million in 2020, according to our econometric models.