Brazil public debt closed out at $983.6 billion in 2016

The Federal Public Debt, which includes both domestic and external debt, closed out at $983.6 billion in 2016, the National Treasury reported today (Jan 25).

The figures are within the range estimated by the Annual Borrowing Plan (PAF in the Portuguese acronym) for 2016 ($983 billion–$1.042 trillion). In 2015, the year-end federal public debt was $882.49 billion.

Domestic Federal Public Debt, the amount of debt outstanding in the domestic market, increased from $837.31 billion to $943.47 billion, whereas the External Federal Public Debt stock decreased from $45.11 billion to $39.96 billion.

The Treasury estimates that the Federal Public Debt could reach $1.15 trillion this year.

*This report was edited at 12.15pm to include additional information.

Translated by Mayra Borges