Brazil's current account surplus narrowed to USD 0.66 billion in May 2019 from USD 0.90 billion in the corresponding month of the previous year. The services deficit widened to USD 2.99 billion from USD 2.73 billion a year earlier and the primary income shortfall increased to USD 2.48 billion from USD 2.17 billion. On the other hand, the goods surplus rose to USD 5.69 billion from USD 5.56 billion in May 2018 and the secondary income surplus advanced to USD 0.45 billion from USD 0.24 billion. Current Account in Brazil averaged -1656.40 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 550.00 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 -1200.00 in 12 months time. In the long-term, the Brazil Current Account is projected to trend around -2800.00 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
2019-03-25 01:30 PM Current Account $-1.14B $-6.55B $0.383B $-1.2B
2019-04-25 01:30 PM Current Account $-0.49B $-1.13B $0.5B $ 0.7B
2019-05-27 01:30 PM Current Account $-0.06B $-0.49B $0.085B $-0.1B
2019-06-24 01:30 PM Current Account $0.66B $-0.06B $-0.256B $0.7B
2019-07-25 01:30 PM Current Account $0.66B $ 0.55B
2019-08-26 01:30 PM Current Account $-2.6B
2019-09-23 01:30 PM Current Account


Brazil Trade Last Previous Highest Lowest Unit
Balance of Trade 6422.00 6070.36 7660.98 -4068.90 USD Million [+]
Current Account 662.00 -62.00 3104.70 -13345.00 USD Million [+]
Current Account to GDP -0.77 -0.35 1.80 -8.20 percent [+]
Imports 14970.00 13628.22 23049.60 67.00 USD Million [+]
Exports 21390.00 19688.79 26148.24 75.06 USD Million [+]
External Debt 663800.83 657912.13 714260.45 64259.50 USD Million [+]
Terms of Trade 108.18 107.30 132.67 64.72 Index Points [+]
Capital Flows 535.50 155.90 3366.30 -13679.20 USD Million [+]
Foreign Direct Investment 7070.10 6957.43 16274.70 -181.50 USD Million [+]
Remittances 286.00 193.00 386.00 70.80 USD Million [+]
Gold Reserves 67.40 67.40 119.01 31.99 Tonnes [+]
Crude Oil Production 2746.00 2631.00 2769.00 330.00 BBL/D/1K [+]
Terrorism Index 1.39 1.57 2.69 0.00 [+]
Weapons Sales 111.00 47.00 267.00 1.00 USD Million [+]
Tourist Arrivals 6621.00 6589.00 6621.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
662.00 -62.00 3104.70 -13345.00 1980 - 2019 USD Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 17215.95 Mar/19
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


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