Brazil's current account deficit narrowed to USD 0.80 billion in November 2018 from USD 2.16 billion in the same month of the previous year and below market expectations of a USD 1.9 billion gap. The goods surplus increased to USD 3.58 billion from USD 3.25 billion a year ago, while the services deficit fell to USD 2.71 billion from USD 3.12 billion and the primary income gap declined to USD 1.90 billion from USD 2.40 billion. Current Account in Brazil averaged -1649.86 USD Million from 1980 until 2018, reaching an all time high of 3250 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 -4200.00 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 -3200.00 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
2018-09-24 01:30 PM Current Account $-0.72B $-4.4B $-1.2B $ -0.4B
2018-10-25 01:30 PM Current Account $0.032B $-0.717B $0.388B $ 0.5B
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 $-0.8B $ -4.2B
2019-02-25 01:30 PM Current Account
2019-03-25 01:30 PM Current Account


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 6639.00 4062.09 7661.35 -4066.52 USD Million [+]
Current Account -795.30 329.10 3250.00 -13345.00 USD Million [+]
Current Account to GDP -0.48 -1.30 1.80 -8.20 percent [+]
Imports 12917.00 16860.36 23061.08 67.00 USD Million [+]
Exports 19556.00 20922.45 26158.51 75.06 USD Million [+]
External Debt 657912.13 652274.64 714260.45 64259.50 USD Million [+]
Terms of Trade 106.53 110.67 132.67 64.72 Index Points [+]
Capital Flows -9.80 453.30 3511.30 -13679.20 USD Million [+]
Foreign Direct Investment 10273.94 10382.40 16274.70 -181.50 USD Million [+]
Remittances 207.00 244.00 386.00 70.80 USD Million [+]
Gold Reserves 67.30 67.30 119.01 31.99 Tonnes [+]
Crude Oil Production 2522.00 2575.00 2730.00 330.00 BBL/D/1K [+]
Terrorism Index 1.57 1.74 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-795.30 329.10 3250.00 -13345.00 1980 - 2018 USD Million Monthly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 23.25 Nov/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 4805.70 Nov/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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