Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Net Debt-to-GDP ratio climbed to 67.9% in March 2026
FMPQuarterlyReleased June 2026
Brazil Net Debt-to-GDP ratio climbed to 67.9% in March 2026, released June 2026, up 0.5% from February's 67.4% reading.
Latest Release
67.900000
Actual
—
Consensus
67.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.55 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| Bovespa | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Net Debt-to-GDP ratio (Brazil) was reported at 68.5% in July 2026. The reading rose from the previous value of 67.9%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 65.17%, ranging from 62.9% to 67.9% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 66.93%, up from the prior three at 65.17%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Industrial Production MoM (Aug 4) and S&P Global Services PMI (Aug 5).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Net Debt-to-GDP ratio - BR
Loading chart data...
About Net Debt-to-GDP ratio — Brazil
DEFINITION
Brazil’s Net Debt-to-GDP ratio rose to 68.500% in July, up from June’s 67.900%, marking a continued increase in fiscal leverage. The ratio has climbed steadily since April’s 66.8%, indicating expanding debt relative to the economy. Market focus remains on Brazil’s fiscal management amid this rising debt trend. Updated 7/31/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 68.5 %. Prior reading (May 2026): 67.9 %. Before that (Apr 2026): 67.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.55) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - BR Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | BR | IGP-M Inflation MoM | -1.16 | -0.5 | -1.09 | -1.13 | Low |
| 11:30 | BR | Bank Lending MoM | 0.7 | 0.6 | 0.5 | 0.60 | Low |
| 12:00 | BR | Unemployment Rate | 5.4 | 5.6 | 5.4 | 5.40 | Medium |