Brazil’s current account deficit widened to $5.06 billion in August 2026, from $3.78 billion a year earlier, well above market expectations for a $4.9 billion shortfall. The deterioration was driven by a widening of 28.2% of the services deficit to $5.3 billion, largely due to higher net transportation expenses (28.3%), intellectual property costs (52.4%), telecommunications, computing and information services (128.2%), and equipment rental (6.6%). The primary income deficit also widened to $7 billion, driven by higher expenses on profits and dividends. In contrast, the goods trade surplus widened to $6.6 billion, as exports rose 12.1% year-on-year, outpacing 9.4% growth in imports. The secondary income surplus also rose to $528 million. Over the twelve months to August, the current account deficit rose to 2.47% of GDP. source: Banco Central do Brasil

Brazil recorded a Current Account deficit of 5055 USD Million in August of 2026. Current Account in Brazil averaged -2341.14 USD Million from 1980 until 2026, reaching an all time high of 3403.00 USD Million in April of 2021 and a record low of -14126.00 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 2026.

Brazil recorded a Current Account deficit of 5055 USD Million in August of 2026. Current Account in Brazil is expected to be -4500.00 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 -4000.00 USD Million in 2027 and -5100.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-27 11:30 AM
Current Account
Jul $-8.11B $-2.69B $-6.6B $-7.0B
2026-09-28 11:30 AM
Current Account
Aug $-5.06B $-9.37B $-4.9B $-6.2B
2026-10-27 11:30 AM
Current Account
Sep $-5.06B $ -4.5B


Related Last Previous Unit Reference
Balance of Trade 7740.56 6908.52 USD Million Sep 2026
Capital Flows -6001.00 -8690.00 USD Million Aug 2026
Current Account -5055.00 -9374.00 USD Million Aug 2026
Current Account to GDP -3.02 -3.03 percent of GDP Dec 2025
Exports 34418.10 32732.20 USD Million Sep 2026
External Debt 869521.86 855647.24 USD Million Jun 2026
Foreign Direct Investment 7400.00 6970.00 USD Million Aug 2026
Imports 26677.50 25823.70 USD Million Sep 2026
Remittances 356.20 365.70 USD Million Aug 2026


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
-5055.00 -9374.00 3403.00 -14126.00 1980 - 2026 USD Million Monthly

News Stream
Brazil Current Account Deficit Deepens More Than Expected
Brazil’s current account deficit widened to $5.06 billion in August 2026, from $3.78 billion a year earlier, well above market expectations for a $4.9 billion shortfall. The deterioration was driven by a widening of 28.2% of the services deficit to $5.3 billion, largely due to higher net transportation expenses (28.3%), intellectual property costs (52.4%), telecommunications, computing and information services (128.2%), and equipment rental (6.6%). The primary income deficit also widened to $7 billion, driven by higher expenses on profits and dividends. In contrast, the goods trade surplus widened to $6.6 billion, as exports rose 12.1% year-on-year, outpacing 9.4% growth in imports. The secondary income surplus also rose to $528 million. Over the twelve months to August, the current account deficit rose to 2.47% of GDP.
2026-09-28
Brazil Current Account Deficit Widens in July
Brazil’s current account deficit widened to $8.11 billion in July 2026, from $6.9 billion a year earlier, exceeding market expectations for a narrowing to $6.6 billion. The goods trade surplus fell to $6.2 billion, as imports grew 8.1%, outpacing the 5.7% increase in exports. Meanwhile, the services deficit widened to $5.3 billion, driven by higher expenses on transportation (26.3%), telecommunications, computing and information services (27.6%), and intellectual property (27.4%). The primary income deficit also widened to $9.4 billion, mainly due to higher net expenses on profits and dividends, while the secondary income surplus narrowed to $404 million.
2026-08-27
Brazil Current Account Deficit Narrows More Than Expected
Brazil's current account deficit narrowed to $2.33 billion in June 2026 from $5.18 billion in the same month a year earlier, beating market expectations of a $2.45 billion shortfall. The improvement was largely driven by a stronger trade balance, with the surplus widening by $3.6 billion to $8.8 billion as goods exports surged 24.8% year-on-year to a record $36.4 billion, while imports rose 15.3% to $27.6 billion. Primary and secondary income balances were broadly unchanged from a year earlier, with the primary income deficit holding at $6.5 billion and the secondary income surplus edging up to $438 million. Meanwhile, the services deficit widened by $0.7 billion to $5.1 billion, reflecting higher net spending on international travel (21%), transportation (22.4%), and telecommunications, computing, and information services (16.9%).
2026-07-28