FX.co ★ Brazil’s Net Debt-to-GDP Rises to 68.5% in June, Extending Upward Trend

Brazil’s net debt-to-GDP ratio increased to 68.5% in June 2026, up from 67.9% recorded in May 2026, according to the latest data updated on 31 July 2026. The move marks a continued upward shift in the country’s debt burden relative to the size of its economy.

The 0.6 percentage point rise over the month underscores persistent fiscal pressures, with public debt expanding faster than nominal GDP. While no accompanying fiscal or macroeconomic details were released with the figures, the latest reading indicates that Brazil’s leverage remains on an upward trajectory, a key metric closely watched by investors and credit analysts.

Market participants are likely to monitor forthcoming fiscal data and policy signals to assess whether this trend stabilizes or accelerates in the second half of 2026, as the net debt-to-GDP ratio edges further away from May’s level.