Brazil’s public debt-GDP ratio at the end of 202677% or less7%Between 77.1% and 82.0%13%Between 82.1% and 87.0%61%Between 87.1% and 92.0%9%92.1% or more8%
Brazil Selic rate decision — November 2026 COPOM meeting50+ bps decrease3%25 bps decrease87%No change10%25 bps increase1%50+ bps increase1%
USD/BRL exchange rate at the end of 2026Less than 4.9011%Between 4.90 and 5.2059%More than 5.20, less than 5.5028%Between 5.50 and 5.801%More than 5.80, less than 6.101%6.10 or more1%
Brazil's GDP annual growth rate in 20261.0% or less6%Between 1.1% and 1.5%12%Between 1.6% and 2.0%55%Between 2.1% and 2.5%22%2.6% or more5%
Brazil monthly inflation (IPCA) — October 20260.19% or less5%Between 0.20% and 0.29%14%Between 0.30% and 0.39%25%Between 0.40% and 0.49%21%0.50% or more34%
Brazil’s country risk at the end of December 2026100.000 Or Less1%Between 100.01 and 140.0076%Between 140.01 and 180.0014%Between 180.01 and 220.005%220.01 Or More5%
Number of refineries controlled by Petrobras at the end of Lula's term?11 or more96%Between 10 and 62%Between 5 and 31%2 or less1%