Brazil’s public debt reaches $1 trillion

Brazil’s federal public debt, including the country’s both internal and external indebtedness, rose 1.71 percent in February this year compared to the previous month, as per figures released today (Mar. 27) by the Economy Ministry.

The debt went from $985.3 billion in January to $1 trillion last month. – Marcello Casal Jr. / Agência Brasil

The amount went from $985.3 billion in January to $1 trillion last month. Of this total, the internal market has $965.42 billion, and $36.72 billion stem from the external market.

Yearly debt

This year, the debt is likely to stand somewhere between $1.06 and $1.12 trillion, according to official estimates.

Investment funds are still the main holders of the debt, with 27.24 percent of shares, followed by social security funds (24.56 percent) and financial institutions (22.1 percent).