Net incurrence of liabilities, total in Brazil
Brazil: Net incurrence of liabilities, total was 7.3% in 2024. ▲ Rising
Net incurrence of liabilities, total in Brazil, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Brazil is 7.3%, measured in 2024.
That represents a change of up 6.9% on the previous year and up 35.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Brazil peaked at 10.0% in 2020 and was at its lowest, 2.9%, in 2013.
That places Brazil 17th out of 136 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Net incurrence of liabilities, total in Brazil, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 6.5% | — |
| 2011 | 4.6% | -30.2% |
| 2012 | 5.7% | +24.3% |
| 2013 | 2.9% | -48.9% |
| 2014 | 5.4% | +87.6% |
| 2015 | 9.1% | +67.0% |
| 2016 | 8.5% | -6.1% |
| 2017 | 8.4% | -1.5% |
| 2018 | 6.0% | -27.9% |
| 2019 | 6.5% | +7.1% |
| 2020 | 10.0% | +54.8% |
| 2021 | 7.5% | -25.3% |
| 2022 | 4.8% | -35.6% |
| 2023 | 6.9% | +42.7% |
| 2024 | 7.3% | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.4% | 2.9% | 9.1% | 10 |
| 2020s | 7.3% | 4.8% | 10.0% | 5 |
Countries ranked near Brazil
More public sector data for Brazil
- Arms imports 435.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 135.13 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 435.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 98.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0096 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 20.95 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 22.13 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Brazil?
- Net incurrence of liabilities, total in Brazil was 7.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Brazil?
- The highest recorded value was 10.0% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Brazil?
- The lowest recorded value was 2.9% in 2013.
- How does Brazil rank for net incurrence of liabilities, total?
- Brazil ranks 17th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Brazil?
- Over the last ten years it is up 35.4%. The long-run trend across the full record is rising.
- Where does this Brazil data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.