Brazil’s current account deficit widened to USD 6.55 billion in January 2019 from USD 6.29 billion in the same month of the previous year and compared with market expectations of a USD 6.348 billion gap. It was the largest current account shortfall since February 2015, as the goods surplus narrowed to USD 1.63 billion from USD 2.40 billion in January 2018 and the secondary income surplus declined to USD 0.17 billion from USD 0.20 billion. Meanwhile, the services shortfall fell to USD 2.56 billion from USD 2.79 billion and the primary income gap decreased to USD 5.79 billion from USD 6.10 billion. Current Account in Brazil averaged -1668.34 USD Million from 1980 until 2019, reaching an all time high of 3104.70 USD Million in May of 2017 and a record low of -13345 USD Million in January of 2014.

Current Account in Brazil is expected to be -4100.00 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 -4350.00 in 12 months time. In the long-term, the Brazil Current Account is projected to trend around -4400.00 USD Million in 2020, according to our econometric models.

Brazil Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-27 12:30 PM Current Account $0.33B $0.29B $1B $ -0.5B
2018-12-21 12:30 PM Current Account $-0.8B $0.33B $-1.9B $ -1.7B
2019-01-28 12:30 PM Current Account $-0.82B $-0.8B $ -4.2B
2019-02-25 01:30 PM Current Account $-6.55B $-0.82B $-6.348B $-5.1B
2019-03-25 01:30 PM Current Account $-6.55B $0.383B $-1.2B
2019-04-25 01:30 PM Current Account $ -4.1B
2019-05-27 01:30 PM Current Account


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 3670.00 2190.00 7661.35 -4066.52 USD Million [+]
Current Account -6548.40 -815.20 3104.70 -13345.00 USD Million [+]
Current Account to GDP -0.48 -1.30 1.80 -8.20 percent [+]
Imports 12620.00 16386.53 23061.08 67.00 USD Million [+]
Exports 16293.00 18578.92 26158.51 75.06 USD Million [+]
External Debt 663800.83 657912.13 714260.45 64259.50 USD Million [+]
Terms of Trade 103.68 103.30 132.67 64.72 Index Points [+]
Capital Flows -5598.60 -1344.90 3511.30 -13679.20 USD Million [+]
Foreign Direct Investment 5866.15 8950.30 16274.70 -181.50 USD Million [+]
Remittances 201.90 226.20 386.00 70.80 USD Million [+]
Gold Reserves 67.40 67.30 119.01 31.99 Tonnes [+]
Crude Oil Production 2567.00 2614.00 2730.00 330.00 BBL/D/1K [+]
Terrorism Index 1.39 1.57 2.69 0.00 [+]
Weapons Sales 45.00 111.00 269.00 1.00 USD Million [+]
Tourist Arrivals 6589.00 6547.00 6589.00 1991.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6548.40 -815.20 3104.70 -13345.00 1980 - 2019 USD Million Monthly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -6548.40 Jan/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 9.33 Jan/19
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 3.00 Jan/19
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 14596.00 Sep/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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