Brazil’s Federal Public Debt (DPF) reached R$8.6 trillion in 2025, compared to R$7.316 trillion in 2024, representing an increase of 18%. The percentage represents the largest increase compared to the previous year since 2015, when the increase was 21.7% compared to 2014.
The data was released this Wednesday (28) in the Annual Financing Plan (PAF) for 2026, presented by the National Treasury. According to the agency, the debt is expected to be between R$9.3 trillion and R$10.3 trillion at the end of this year.
Last year, the PAF originally predicted that the DPF could end 2025 at between R$8.1 trillion and R$8.5 trillion. In September, the PAF was revised so that the indicator would close 2025 between R$8.5 trillion and R$8.8 trillion.
With the value of the debt in 2025, for example, it would be possible for the Government to give a property worth R$1 million to all families in São Paulo, Rio de Janeiro and Minas Gerais. It would also guarantee each Brazilian a minimum wage per month for two years.
The size of the debt becomes even clearer when compared to the Gross Domestic Product (GDP) of other neighboring countries. The value is equivalent to everything that Argentina, Chile, Paraguay and Uruguay produce together in one year.
