Brazilian public debt grows 6% in 2022

Brazilian public debt ended 2022 at R$5.951 trillion (US$1.17 trillion), 6.02 percent more than in 2021, the National Treasury Secretariat reported yesterday.

Brazilian federal public debt increased by 1.37 percent in December compared to November, when it was R$5.871 trillion (US$1.15 trillion).

Despite this, the debt ended last year below the limits established by the Annual Financing Plan (PAF), which found that public debt could end up between 6 and 6.4 trillion reais (between US$1.18 and 1.26 trillion).

The Internal Federal Stock Public Debt (DPMFi) increased by 1.48 percent in December.

It reached R$5.699 trillion (US$1.123 trillion), while the stock of Federal External Public Debt (DPFe) retreated 0.89 percent in the last month of 2022, ending the year at R$252.45 billion (US$49.75 billion).

In 2022, the Federal External Public Debt (DPFe) fell by 4.63 percent compared to the previous year, when it stood at R$264.72 billion (US$52.165 billion).

According to the National Treasury, although the government increased its indebtedness with international agencies last year, there were no Brazilian public bond issues abroad in 2022.

In December, the largest holders of public debt were financial entities (29.12%), followed by investment funds (23.98%).