Brazil recorded a current account surplus of USD 0.33 billion in October of 2018 compared to a USD 0.69 billion deficit in the same month of the prior year but well below market expectations of a USD 1 billion surplus. The goods surplus rose to USD 5.45 billion from USD 4.91 billion in October 2017 and the secondary income surplus also went up to USD 0.30 billion from a USD 0.21 billion surplus. Meantime, the primary income gap decreased to USD 2.23 billion from a USD 3.10 billion while the services deficit widened to USD 3.14 billion from USD 2.70 billion in the same period of 2017. Considering the January to October period of 2018, the current account gap widened strongly to USD 11.3 billion from USD 1.4 billion in the same period of 2017. Current Account in Brazil averaged -1651.69 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-27 01:30 PM Current Account $-4.43B $0.508B $-3.8B $ 0.3B
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 $0.33B $1B $ -2.3B
2019-01-28 12:30 PM Current Account $ -4.2B
2019-02-26 01:30 PM Current Account


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 4062.09 5906.00 7661.35 -4066.52 USD Million [+]
Current Account 329.00 290.00 3250.00 -13345.00 USD Million [+]
Current Account to GDP -0.48 -1.30 1.80 -8.20 percent [+]
Imports 16860.36 16104.61 23061.08 67.00 USD Million [+]
Exports 20922.45 22010.61 26158.51 75.06 USD Million [+]
External Debt 652274.64 648996.48 714260.45 64259.50 USD Million [+]
Terms of Trade 110.67 106.56 132.67 64.72 Index Points [+]
Capital Flows 453.30 906.80 3511.30 -13679.20 USD Million [+]
Foreign Direct Investment 10382.40 8896.20 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
329.00 290.00 3250.00 -13345.00 1980 - 2018 USD Million Monthly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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