Brazil’s gross debt-to-GDP ratio rose slightly in April 2026, underscoring persistent fiscal pressures in Latin America’s largest economy. The indicator climbed to 80.4%, up from 80.1% in March 2026, according to data updated on 29 May 2026.
On a month-over-month basis, the data show a modest but ongoing upward trend, with April’s reading marking a continuation of the increase recorded in March. The comparison framework indicates that each month’s figure is measured against the previous month, highlighting that April’s uptick follows an earlier month-on-month rise in March.
While the change from 80.1% to 80.4% is incremental, the movement reinforces concerns about Brazil’s debt trajectory and the challenges facing policymakers as they balance fiscal consolidation with the need to support economic growth.
