Brazil has foreign debt of US$316.8 billion at the end of 2012

25 January 2013

Brazil’s foreign debt totalled US$316.8 billion in December 2012, which was an additional US$7.3 billion against the figure for September, the Brazilian Central Bank said in Brasilia Wednesday.

According to the figures published, long term foreign debt totalled US$279.3 billion, which was a rise of US$6.5 billion against September and short term debt rose by US$875 million to US$37.5 billion.

At the end of 2011 Brazilian debt totalled US$298.2 billion, which means that in a year it increased by US$18.6 billion or 6.24 percent.

Brazil’s foreign reserves at the end of December totalled US$378.6 billion, posting monthly growth of US$54 million and annual growth of US$26.6 billion.

In 2012 foreign direct investment (FDI) in Brazil totalled US$65.3 billion, which compared to US$66.7 billion in 2011. (macauhub)