Brazil's current account balance shifted to a USD 1.47 billion surplus in October 2020 from a USD 8.05 billion deficit in the same month of the previous year and above market expectations of a USD 1.3 billion surplus. The goods surplus widened sharply to USD 4.81 billion from USD 1.80 billion a year earlier and the services shortfall narrowed to USD 1.64 billion from USD 3.65 billion. Additionally, the primary income gap decreased to USD 1.86 billion from USD 6.33 billion in October 2019 and the secondary income surplus rose to USD 0.15 billion from USD 0.13 billion. Considering the first ten months the year, the country’s current account deficit declined sharply to USD 7.59 billion from USD 42.94 billion in the corresponding period of 2019. source: Banco Central do Brasil

Current Account in Brazil averaged -1773.92 USD Million from 1980 until 2020, reaching an all time high of 3041 USD Million in June of 2020 and a record low of -13344.90 USD Million in January of 2014. This page provides the latest reported value for - Brazil Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Current Account in Brazil is expected to be 3800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Brazil to stand at 1500.00 in 12 months time. In the long-term, the Brazil Current Account is projected to trend around 850.00 USD Million in 2021 and 500.00 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Brazil Current Account

Actual Previous Highest Lowest Dates Unit Frequency
1473.00 2269.50 3041.00 -13344.90 1980 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-25 12:30 PM Jul $1.628B $3.896B $0.737B $1.1B
2020-09-23 12:30 PM Aug $3.72B $1.398B $2.45B $2B
2020-10-23 12:30 PM Sep $2.3B $3.54B $3B $3.5B
2020-11-25 12:30 PM Oct $1.47B $2.26B $1.3B $2B
2020-12-18 12:30 PM Nov $1.47B
2021-01-27 12:30 PM Dec
2021-02-22 12:30 PM Jan
2021-03-25 12:30 PM Feb
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Brazil Current Account Balance Swings to Surplus in October
Brazil's current account balance shifted to a USD 1.47 billion surplus in October 2020 from a USD 8.05 billion deficit in the same month of the previous year and above market expectations of a USD 1.3 billion surplus. The goods surplus widened sharply to USD 4.81 billion from USD 1.80 billion a year earlier and the services shortfall narrowed to USD 1.64 billion from USD 3.65 billion. Additionally, the primary income gap decreased to USD 1.86 billion from USD 6.33 billion in October 2019 and the secondary income surplus rose to USD 0.15 billion from USD 0.13 billion. Considering the first ten months the year, the country’s current account deficit declined sharply to USD 7.59 billion from USD 42.94 billion in the corresponding period of 2019.
2020-11-25
Brazil Current Account Balance Swings to Surplus in September
Brazil's current account balance shifted to a USD 2.32 billion surplus in September 2020 from a USD 2.73 billion deficit in the corresponding month of the previous year but below market expectations of a USD 3.0 billion surplus. The goods surplus widened sharply to USD 5.36 billion from USD 3.23 billion a year earlier and the services shortfall narrowed to USD 1.62 billion from USD 2.51 billion. In addition, the primary income gap declined to USD 1.63 billion from USD 3.73 billion in September 2019. Meanwhile, the secondary income surplus fell to USD 0.21 billion from USD 0.28 billion. Considering the first nine months the year, the country’s current account deficit dropped sharply to USD 6.48 billion from USD 36.75 billion in the same period of 2019.
2020-10-23
Brazil Current Account Balance Swings to Surplus in August
Brazil's current account balance shifted to a USD 3.72 billion surplus in August 2020 from a USD 3.03 billion deficit in the same month of the previous year and above market expectations of a USD 2.45 billion surplus. The goods surplus widened sharply to USD 5.96 billion from USD 3.55 billion a year earlier and the services gap narrowed to USD 1.35 billion from USD 2.22 billion. Additionally, the primary income shortfall dropped to USD 1.19 billion from USD 4.68 billion in August 2019. On the other hand, the secondary income surplus declined to USD 0.29 billion from USD 0.32 billion. Considering the first eight months the year, the country’s current account deficit went down to USD 8.54 billion from USD 34.02 billion in the corresponding period of 2019.
2020-09-23
Brazil Current Account Balance Swings to Surplus in July
Brazil's current account balance shifted to a USD 1.63 billion surplus in July 2020 from a USD 9.79 billion deficit in the corresponding month of the previous year and compared with market expectations of a USD 0.737 billion surplus. The goods surplus widened sharply to USD 7.38 billion from USD 1.65 billion a year earlier and the services shortfall narrowed to USD 1.82 billion from USD 3.44 billion. Also, the primary income gap declined to USD 4.15 billion from USD 8.17 billion; and the secondary income surplus went up to USD 0.21 billion from USD 0.16 billion. Considering the first seven months the year, the country’s trade deficit decreased to USD 11.79 billion from USD 30.99 billion in the same period of 2019.
2020-08-25

Brazil Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).