Brazil's current account deficit narrowed to USD 1.14 billion in February 2019 from USD 2.04 billion in the same month of the previous year and below market expectations of a USD 0.383 billion surplus. The goods surplus widened to USD 3.16 billion from USD 2.66 billion a year earlier and the services gap declined to USD 2.06 billion from USD 2.63 billion. On the other hand, the primary income shortfall rose to USD 2.41 billion from USD 2.27 billion and the secondary income surplus went down to USD 0.17 billion from USD 0.20 billion. Current Account in Brazil averaged -1667.22 USD Million from 1980 until 2019, reaching an all time high of 3104.70 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 2000.00 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 -4350.00 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
2018-12-21 12:30 PM Current Account $-0.8B $0.33B $-1.9B $ -1.7B
2019-01-28 12:30 PM Current Account $-0.82B $-0.8B $ -4.2B
2019-02-25 01:30 PM Current Account $-6.55B $-0.82B $-6.348B $-5.1B
2019-03-25 01:30 PM Current Account $-1.14B $-6.55B $0.383B $-1.2B
2019-04-25 01:30 PM Current Account $-1.14B $0.5B $ 0.7B
2019-05-27 01:30 PM Current Account
2019-06-25 01:30 PM Current Account


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 4990.00 3670.00 7661.35 -4066.52 USD Million [+]
Current Account -1134.00 -6550.00 3104.70 -13345.00 USD Million [+]
Current Account to GDP -0.77 -0.35 1.80 -8.20 percent [+]
Imports 13130.00 12620.00 23061.08 67.00 USD Million [+]
Exports 18120.00 16293.00 26158.51 75.06 USD Million [+]
External Debt 663800.83 657912.13 714260.45 64259.50 USD Million [+]
Terms of Trade 104.00 103.68 132.67 64.72 Index Points [+]
Capital Flows -635.80 -5598.60 3511.30 -13679.20 USD Million [+]
Foreign Direct Investment 8399.61 5866.15 16274.70 -181.50 USD Million [+]
Remittances 193.00 214.00 386.00 70.80 USD Million [+]
Gold Reserves 67.40 67.30 119.01 31.99 Tonnes [+]
Crude Oil Production 2769.00 2567.00 2769.00 330.00 BBL/D/1K [+]
Terrorism Index 1.39 1.57 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1134.00 -6550.00 3104.70 -13345.00 1980 - 2019 USD Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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