FinObservatory

BRA · Latin America & Caribbean · Upper middle income · IBRD

Brazil

Federative Republic of Brazil owed $605.46B to nonresidents in 2024, the 3rd largest stock among the 120 economies that report to the Debtor Reporting System. Its first external-debt stock in IDS is 1970.

$605.46B
External debt stock
2024, 3rd of 120 reporters
29%
External debt, % of GNI
2024
26.7%
Debt service, % of exports
2024
$3K
External debt per capita
2024

Who Brazil owes

Public and publicly guaranteed debt by creditor class, percent of PPG, 19702024. In 2024 PPG stood at $194.37B: 77.4% owed to private creditors, 18.8% to multilateral lenders, and 3.8% to bilateral and other official creditors as a residual.

Private creditorsBilateral and other official (residual)Multilateral
0%25%50%75%100%1970198019902000201020202024MultilateralBilateral+Private

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.DPPG.CD, DT.DOD.PRVT.CD and DT.DOD.MLAT.ZS for BRA. Bilateral and other official is the residual: PPG minus private minus multilateral. Methodology

On what terms

The composition above says who lent. These say on what terms, and against what the debt is measured. Blank means IDS carries no value for Brazil in 2024.

Concessional debt, % of total external debt
loans with an original grant element of 35% or more
0.2%
Short-term debt, % of total external debt
original maturity of one year or less, any borrower
13.9%
Total reserves, % of total external debt
the buffer against the stock
54%
External debt, % of exports
goods, services and primary income
142%
Debt service paid
principal and interest actually paid in 2024
$114.11B
Of which interest
interest payments on all external debt
$30.48B
Private nonguaranteed debt
borrowed by companies and banks, no state guarantee
$309.25B

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.ALLC.ZS, DT.DOD.DSTC.ZS, FI.RES.TOTL.DT.ZS, DT.DOD.DECT.EX.ZS, DT.TDS.DECT.CD, DT.INT.DECT.CD, DT.DOD.DPNG.CD for BRA in 2024. Methodology

What Brazil pays, and what it is contracted to pay

Brazil paid $114.11B in external debt service in 2024. It is contracted to pay $132.99B in 2025 and $702.88B in total over 20252032 on debt it has already contracted. Those years are a repayment schedule, not a forecast of what Brazil will pay: borrowing it has not yet done cannot be in them.

Total debt serviceOf which public and publicly guaranteedScheduled on debt already contracted, not a forecast
SCHEDULEDUSD bn01002003001970198019902000201020202032

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.TDS.DECT.CD (total debt service) and DT.TDS.DPPG.CD (PPG debt service) for BRA, all years present in the file. Actual through 2024, which is the last year of the debt-stock series; everything after it is the contracted repayment schedule. Methodology

The stock, 19702024

Total external debt in current US dollars, so the path mixes new borrowing with the falling value of the dollar over 54 years. IDS carries no constant-price series, so this is not deflated. $5.98B in 1970, $605.46B in 2024.

19702024

Source: World Bank International Debt Statistics, Debtor Reporting System (reported by the borrowing government). Selection: DT.DOD.DECT.CD for BRA, every year with a value, current US dollars. Methodology

What IDS does not carry for Brazil

2 of the 24 IDS indicators carry no value for Brazil in 2024: Debt forgiveness grants (current US$); PPG, IDA (DOD, current US$). A blank has three possible causes and IDS distinguishes none of them: the country did not report the series, the series does not apply to it (an IBRD stock for a country with no IBRD loan), or the series has ended for every country. So neither does this page.

Every IDS series here is what Brazil reported to the World Bank. The bilateral leg of the creditor chart is the exception: this page derives it as a residual, and it absorbs whatever went unreported. Debt Brazil did not report is not here.

All 120 reporting economies · Methodology