Brazil's current account deficit widened to USD 1.7 billion in September of 2021 from USD 0.35 billion in the same month of the previous year and compared with market expectations of a USD 1.5 billion shortfall. The goods account surplus fell to USD 2.5 billion from USD 4.4 billion as imports (USD 22 billion vs USD 13.9 billion a year ago) increased more than exports (USD 24.5 billion vs USD 18.2 billion). Meanwhile, the service account deficit softened to USD 1.4 billion from USD 1.75 billion, and the primary income gap narrowed to USD 3.07 billion from USD 3.17 billion. At the same time, the secondary income surplus rose slightly to USD 0.27 billion from USD 0.2 billion. source: Banco Central do Brasil
Current Account in Brazil averaged -1854.91 USD Million from 1980 until 2021, reaching an all time high of 4852.20 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 2021.
Current Account in Brazil is expected to be -3000.00 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.