FX.co ★ Brazil’s Debt Burden Holds Steady as Gross Debt-to-GDP Stays at 78.7% in January

Brazil’s gross debt-to-GDP ratio remained unchanged at 78.7% in January 2026, matching the level recorded in December 2025, according to data updated on 27 February 2026. The stabilization marks a flat month‑over‑month performance after the same 78.7% reading at the end of last year.

On a month‑over‑month basis, the “actual” comparison for January shows no change versus December, while the “previous” comparison indicates that December’s figure also represented no variation from November. This suggests that, at least over the past two months, Brazil’s public debt burden relative to the size of its economy has been moving sideways rather than trending higher or lower.