Is is all a scam angels: Brazil recorded a Government Debt to GDP of 74.42 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Brazil averaged 68.14 percent of GDP from 2006 until 2023, reaching an all time high of 96.01 percent of GDP in 2020 and a record low of 51.27 percent of GDP in 2011.