Brazil's current account surplus widened to USD 1.7 billion in August of 2021 from USD 1 billion in the same month of the previous year and compared with market expectations of a USD 1 billion surplus. The goods account surplus went up to USD 5.6 billion from USD 4.9 billion a year ago and the primary income gap decreased to USD 2.6 billion from USD 2.4 billion. At the same time, the services shortfall increased to USD 1.6 billion from USD 1.47 billion in August of 2020. source: Banco Central do Brasil

Current Account in Brazil averaged -1856.21 USD Million from 1980 until 2021, reaching an all time high of 4829.60 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 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


Calendar GMT Actual Previous Consensus TEForecast
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 $-1.584B $2.8B $-0.65B $-1B
2021-09-24 12:30 PM Aug $1.684B $-1.584B $1B $1B
2021-10-22 12:30 PM Sep $1.684B $-1.5B $1.3B
2021-11-25 12:30 PM Oct
2021-12-22 12:30 PM Nov


News Stream
Brazil Current Account Surplus Larger than Expected
Brazil's current account surplus widened to USD 1.7 billion in August of 2021 from USD 1 billion in the same month of the previous year and compared with market expectations of a USD 1 billion surplus. The goods account surplus went up to USD 5.6 billion from USD 4.9 billion a year ago and the primary income gap decreased to USD 2.6 billion from USD 2.4 billion. At the same time, the services shortfall increased to USD 1.6 billion from USD 1.47 billion in August of 2020.
2021-09-24
Brazil Current Account Gap Larger than Expected
Brazil's current account deficit widened to USD 1.58 billion in July of 2021 from USD 0.65 billion in the same month of the previous year and compared with market expectations of a USD 0.65 billion shortfall. It was the first monthly current account deficit since March, as the goods account surplus fell to USD 6.27 billion from USD 6.54 billion a year ago and the primary income gap rose to USD 6.77 billion from USD 5.36 billion. At the same time, the services shortfall shrank to USD 1.34 billion from USD 2.03 billion in July of 2020; and the secondary income surplus rose slightly to USD 0.25 billion from USD 0.21 billion.
2021-08-25
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 Last Unit Reference Previous Highest Lowest
Current Account 1684.00 USD Million Aug/21 -1584.00 4829.60 -13360.80
Current Account to GDP -0.72 percent of GDP Dec/20 -2.70 1.70 -8.20
External Debt 636720.11 USD Million Jun/21 627564.75 714260.45 64259.50
Capital Flows 1760.10 USD Million Aug/21 -1726.00 4417.90 -13679.20
Foreign Direct Investment 4500.00 USD Million Aug/21 6103.48 16274.73 -103.33
Remittances 322.38 USD Million Aug/21 311.92 385.97 70.79


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).