Brazil: public debt as share of GDP 2010-2018, by creditor type
most indebted in the Latin American region. In 2018, most of the debt that Brazil's central government held was owed to creditors based in the country, representing up to 67.4 percent of its gross domestic product (GDP). While the internal debt to GDP ratio decreased more than three percentage points between 2017 and 2018, Brazil's foreign debt almost tripled in the same period.
Brazil's central government is one of the