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Brazil's Public Debt Hits 82.5% of GDP, Highest Level Since 2021, Constraining Next President

Brazil's gross public debt reached 82.5% of GDP in July 2026, forcing a prolonged period of high interest rates and limiting the policy options for the next administration.

By Eleanor Shaw

Published
Brazil's Public Debt Hits 82.5% of GDP, Highest Level Since 2021, Constraining Next President
Source: Senado Federal / Wikimedia Commons (CC BY 2.0)

Brazil's gross public debt reached 82.5% of GDP in July 2026, forcing a prolonged period of high interest rates and limiting the policy options for the next administration.

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