Brazil vs India

Brazil vs India: Government debt

Government debt: 93.3% of GDP in Brazil in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in Brazil, by 2.2 percentage points, or 1.03 times that in India.

% of GDP · IMF

Brazil vs India: Government debtGovernment debt: 93.3% of GDP in Brazil in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in Brazil, by 2.2 percentage points, or 1.03 times that in India.
BrazilIndiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Brazil has been higher since 2024, when it overtook India.
  • The IMF projection (World Economic Outlook, October 2026) puts Brazil at 105.3% of GDP and India at 75.1% of GDP in 2031.

Every year

% of GDP · IMF

YearBrazilIndia
202593.384.3
20248784.8
20238484.8
202283.984.4
202188.985.5
20209690.4
201987.176.5
201884.871.6
201782.870.7
201677.469.8
201571.769.7
201461.667.6
201359.668
201261.668.1
201160.668.7
201062.467.7
200964.772.7
200861.474.3
20076375.4
200664.677.9
20056782.4
20046884.9
200371.585.9
200276.184.3
200167.380.1
200062.274.9
1999–71.3
1998–69.3
1997–69
1996–67.1
1995–70.9
1994–74.8
1993–78.3
1992–78.8
1991–76.7
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBrazilIndia
20269783.1
202799.381.3
2028101.379.9
2029103.278.4
2030104.577
2031105.375.1

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Brazil vs India

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