The Default Indicator carried out by the national confederation of retailers (CNDL) and the credit protection service (SPC Brasil) shows that four out of ten adult Brazilians (41.5%) were in default in February 2025, representing 68.76 million consumers. Compared to February 2024, the percentage of defaulters in Brazil increased by 3.2 % in February 2025. From January to February, the number of debtors decreased by -0.04%.

Based on the data available in their database, which includes information from the capitals and interior of all 26 states and the Federal District, CNDL and SPC Brasil note that the annual variation observed in February this year was higher than that of the previous month.

From a regional point of view, the highest percentage of defaulters is found in the Centre-West region, where 45.2% of the adult population is registered as debtors. On the other hand, in the South, the proportion of people in debt is 37.1% of the adult population.

Original Story: CNDL website
Translation & Edition: Prime Yield