Brazil's current account surplus narrowed to USD 2.8 billion in June of 2021 from USD 3.1 billion in the same month of the previous year and missed market expectations of a USD 3.5 billion surplus. The goods trade account surplus expanded to USD 7.3 billion, from USD 5.9 billion a year earlier underpinned by a 65.4% percent rise in exports to USD 29.1 billion against a 86.1 percent surge in imports of goods to USD 21.8 billion. Meanwhile, the services gap widened sharply to USD 1.6 billion from USD 1.0 in June of 2020; similarly, the primary account deficit rose to USD 3.1 billion, from USD 2.0 billion. Finally, the secondary income surplus was little changed from the previous year, at USD 0.2 billion. source: Banco Central do Brasil

Current Account in Brazil averaged -1760.90 USD Million from 1980 until 2021, reaching an all time high of 5663 USD Million in April of 2021 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 July of 2021.

Current Account in Brazil is expected to be 1500.00 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 -5000.00 USD Million in 2022 and -4000.00 USD Million in 2023, according to our econometric models.

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Brazil Current Account

Actual Previous Highest Lowest Dates Unit Frequency
2790.70 3140.80 4829.60 -13344.90 1980 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-26 12:30 PM Mar $-4B $-3.2B $-2.5B $-2B
2021-05-26 12:30 PM Apr $5.66B $-4B $6.2B $5.8B
2021-06-25 12:30 PM May $3.8B $5.663B $4B $3.5B
2021-07-27 12:30 PM Jun $2.8B $3.8B $3.5B $1.5B
2021-08-25 12:30 PM Jul $2.8B
2021-09-24 12:30 PM Aug
2021-10-22 12:30 PM Sep
2021-11-25 12:30 PM Oct


News Stream
Brazil Current Account Surplus Unexpectedly Shrinks
Brazil's current account surplus narrowed to USD 2.8 billion in June of 2021 from USD 3.1 billion in the same month of the previous year and missed market expectations of a USD 3.5 billion surplus. The goods trade account surplus expanded to USD 7.3 billion, from USD 5.9 billion a year earlier underpinned by a 65.4% percent rise in exports to USD 29.1 billion against a 86.1 percent surge in imports of goods to USD 21.8 billion. Meanwhile, the services gap widened sharply to USD 1.6 billion from USD 1.0 in June of 2020; similarly, the primary account deficit rose to USD 3.1 billion, from USD 2.0 billion. Finally, the secondary income surplus was little changed from the previous year, at USD 0.2 billion.
2021-07-27
Brazil Current Account Surplus Misses Expectations in May
Brazil's current account surplus widened to USD 3.8 billion in May of 2021 from USD 0.5 billion in the same month of the previous year and missed market expectations of a USD 4 billion surplus. The goods trade account surplus expanded to USD 8.1 billion, from USD 3.2 billion a year earlier underpinned by a 54.4 percent surge in exports against a slower 31.9 percent hike in imports of goods. Meanwhile the deficit went up in the services account, to USD 1.6 billion from USD 1.5 in May of 2020, as well as the primary account, which recorded a USD 2.9 billion shortfall, from USD 2.3 billion. Finally, the secondary income surplus was little changed from the previous year, at USD 0.2 billion.
2021-06-25
Brazil Posts Record Current Account Surplus
Brazil's current account surplus widened sharply to a record USD 5.66 billion in April of 2021, from a downwardly revised USD 0.2 billion in the same month of the previous year. Figures compare with market expectations of a USD 6.2 billion surplus. The goods account surplus rose significantly to USD 9.15 billion from USD 4.88 billion a year earlier, while the primary income gap shrank to USD 2.37 billion from USD 3.80 billion. Nevertheless, these improvements were partially offset by an expansion in the services account deficit to USD 1.31 billion from USD 1.10 billion, and a reduction in the secondary income surplus to USD 0.20 billion from USD 0.23 billion in the same period of 2020.
2021-05-26
Brazil Current Account Gap Wider than Forecast
Brazil's current account deficit narrowed to USD 4 billion in March of 2021 from USD 4.3 billion in the same month of the previous year and below market expectations of a USD 2.5 billion gap. The services deficit shrank to USD 1.1 billion, from USD 1.7 billion a year earlier, while the goods account switched to a USD 0.4 billion deficit from a USD 2.1 billion surplus in March of 2020, due to a 53.6 percent surge in imports while exports rose a slower 33.7 percent. Meantime, the primary income deficit narrowed to USD 3.0 billion from USD 4.9 billion and the secondary income surplus increased to USD 0.5 billion from 0.2 billion in the same period of 2020.
2021-04-26

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).