Brazil recorded a Current Account deficit of 1.80 percent of the country's Gross Domestic Product in 2021. source: Banco Central do Brasil

Current Account to GDP in Brazil averaged -1.98 percent of GDP from 1980 until 2021, reaching an all time high of 1.70 percent of GDP in 2004 and a record low of -8.20 percent of GDP 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 September of 2022.

Current Account to GDP in Brazil is expected to reach -1.70 percent of GDP by the end of 2022, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the Brazil Current Account to GDP is projected to trend around -1.90 percent of GDP in 2023 and -2.00 percent of GDP in 2024, according to our econometric models.

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Brazil Current Account to GDP



Related Last Previous Unit Reference
Current Account -3506.00 1088.40 USD Million May 2022
Current Account to GDP -1.80 -1.70 percent of GDP Dec 2021
External Debt 678013.52 674121.74 USD Million Jun 2022
Foreign Direct Investment 4483.49 11093.65 USD Million May 2022
Capital Flows -2687.80 1322.70 USD Million May 2022
Remittances 417.74 393.98 USD Million May 2022

Brazil Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-1.80 -1.70 1.70 -8.20 1980 - 2021 percent of GDP Yearly