Brazil's current account deficit widened significantly to USD 4.1 billion in July of 2022 from USD 1.2 billion in the corresponding month of the previous year. It was the largest current account shortfall since January, as the primary income gap rose to USD 6.5 billion from USD 6.4 billion in July of 2021 and the services deficit increased to USD 2.1 billion from USD 1.3 billion. Concomitantly, the goods surplus decreased to USD 4.2 billion from USD 6.3 billion a year ago and the secondary income surplus went up slightly to USD 0.4 billion from USD 0.3 billion. source: Banco Central do Brasil

Current Account in Brazil averaged -1890.68 USD Million from 1980 until 2022, reaching an all time high of 4375.30 USD Million in April of 2021 and a record low of -13360.80 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 October of 2022.

Current Account in Brazil is expected to be -600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Current Account is projected to trend around -5500.00 USD Million in 2023 and -6000.00 USD Million in 2024, 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.

Please Paste this Code in your Website
width
height
Brazil Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-26 12:30 PM Jul $-4.136B $1.333B $-5.5B
2022-09-26 12:30 PM Jun $1.333B $-3.502B $0.5B $-4.8B
2022-10-24 12:30 PM Aug $-4.136B $0.2B


Related Last Previous Unit Reference
Current Account -4136.00 1333.00 USD Million Jul 2022
Current Account to GDP -1.80 -1.70 percent of GDP Dec 2021
External Debt 663260.35 678013.52 USD Million Sep 2022
Capital Flows -3882.50 257.50 USD Million Jul 2022
Foreign Direct Investment 7722.75 5198.10 USD Million Jul 2022
Remittances 408.67 454.14 USD Million Jul 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-4136.00 1333.00 4375.30 -13360.80 1980 - 2022 USD Million Monthly

News Stream
Brazil Posts Biggest Current Account Gap in 6 Months
Brazil's current account deficit widened significantly to USD 4.1 billion in July of 2022 from USD 1.2 billion in the corresponding month of the previous year. It was the largest current account shortfall since January, as the primary income gap rose to USD 6.5 billion from USD 6.4 billion in July of 2021 and the services deficit increased to USD 2.1 billion from USD 1.3 billion. Concomitantly, the goods surplus decreased to USD 4.2 billion from USD 6.3 billion a year ago and the secondary income surplus went up slightly to USD 0.4 billion from USD 0.3 billion.
2022-09-26
Brazil Current Account Balance Swings to Gap in May
Brazil's current account balance shifted to a USD 3.51 billion deficit in May of 2022 from a USD 2.50 billion deficit in the corresponding month of the previous year. The goods surplus shrank to USD 3.45 billion from USD 7.38 billion in May of 2021, and the services gap widened to USD 2.38 billion from USD 1.63 billion. At the same time, the primary income shortfall rose to USD 4.93 billion from USD 3.49 billion while the secondary income surplus rose slightly to USD 0.35 billion from USD 0.25 billion.
2022-08-26
Brazil Current Account Gap Narrows in March
Brazil’s current account deficit shrank to USD 2.8 billion in March of 2022 from USD 5.2 billion in the same month of the previous year. The goods trade account switched to a USD 6.1 billion surplus from a USD 0.5 billion deficit in March of 2021 and the shortfall in the services account widened to USD 2.2 billion, from USD 1.1 billion last year. Meanwhile, the primary income gap stood at USD 7.0 billion, compared with USD 4.1 billion in March of 2021, while the secondary income surplus narrowed to USD 0.2 billion, from USD 0.5 billion.
2022-07-25