Drought is the most complex natural hazard that can occur over large spatial scales and during long time periods. It affects more people than any other natural hazard, particularly in areas with a dry climate, such as the semiarid region of the Brazilian Northeast (NEB), which is the world’s most populated dry area. In this work, we analyzed trends and the spatial distribution of drought characteristics (frequency, affected area, and intensity) based on the Standardized Precipitation Index (SPI) on annual (SPI-12) and seasonal (SPI-3) scales. The study used monthly precipitation data recorded between 1962 and 2012 at 133 meteorological stations in Pernambuco State, Brazil, which is located in the eastern part of the NEB and has more than 80% of its territory characterized by a semiarid climate. The regions of Sertão, Agreste, and Zona da Mata of Pernambuco were considered for comparison. The Mann–Kendall and Sen’s slope tests were used to detect the trend and determine its magnitude, respectively. The results indicated that annual droughts in the state of Pernambuco became more frequent from the 1990s onwards, with summer having the greatest spatial coverage, followed by winter, autumn, and spring. Sertão presented a greater number of stations with a significant positive trend in drought frequency. Regarding the drought-affected area, global events occurred in a greater number of years on an annual scale and during the summer. Trend analysis pointed to an increase in areas with drought events on both scales. As for the drought intensity, the entire state of Pernambuco experienced drought events with high intensity during the autumn. The relationship between drought characteristics indicated an increase in the affected area as the result of an increase in drought intensity.