Brazil's current account deficit shrank to 0.72 percent in 2020 from 2.70 percent in 2019. source: Banco Central do Brasil
Current Account to GDP in Brazil averaged -1.96 percent from 1980 until 2020, reaching an all time high of 1.70 percent in 2004 and a record low of -8.20 percent in 1982. This page provides - Brazil Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Current Account to GDP - values, historical data and charts - was last updated on December of 2021.
Current Account to GDP in Brazil is expected to reach -0.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Current Account to GDP is projected to trend around -1.00 percent of GDP in 2022 and -1.50 percent of GDP in 2023, according to our econometric models.