Brazil Current Account

Country:
Brazil
BRL, Brazilian real
Sector:
Trade
Low $3.84 B $-4.374 B
$0.868 B
Last release Importance Actual Forecast
Previous
$-4.277 B
$3.84 B
Next release Actual Forecast
Previous
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Current Account, together with Capital Movements, are the main factors responsible for the Brazil's Balance of Payments. The balance of payments is managed by the Central Bank of Brazil, which makes the necessary adjustments through the devaluations of the exchange rate, reduction of the level of economic activity, tariff restrictions and subsidies to exports, increase of the internal rate of interest, control of the outflow of capital abroad and control of income from abroad.

Current Account is the sum of all the operations of Brazil with the other countries, including the accounts of the income and expenses of the trade balance (such as exports and imports), the service accounts that include the interest paid, international trips when paid by the state, transportation, insurance, profits, dividends received, and miscellaneous services. The costs of presidential ceremonies and unilateral transfers are also included.

Capital movements are the inflows and outflows of financial assets through autonomous movements, attracted by the possibilities of investments, such as loans granted by banks and foreign suppliers for current transactions, exports, imports, as well as short and long term loans.

The balance of current transactions indicates whether the country exports or whether it imports capital. A positive balance (surplus) indicates a higher capital exports, increasing the country's reserves. A negative balance (deficit) indicates more imports of capital in the country, decreasing reserves. When there’s an equilibrium in current transactions, it means that the amount of foreign currency that left the country is practically the same as that entered, maintaining the stability of the reserves level.

The Central Bank of Brazil (BCB) monitors and supervises the financial system and executes monetary, exchange and credit policies. Every month, a report is published with the External Sector Statistics, which includes the Balance of Payments, which reflects the current transactions.

This indicator favors the Brazilian real (BRL) when it has a value higher than the forecast.

Last values:

actual data

forecast

The chart of the entire available history of the "Brazil Current Account" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2020
$3.84 B
$-4.374 B
$0.868 B
Mar 2020
$0.868 B
$-3.743 B
$-3.904 B
Feb 2020
$-3.904 B
$-3.321 B
$-11.879 B
Jan 2020
$-11.879 B
$-2.788 B
$-5.691 B
Dec 2019
$-5.691 B
$-2.561 B
$-2.164 B
Nov 2019
$-2.164 B
$-4.803 B
$-7.874 B
Oct 2019
$-7.874 B
$-1.84 B
$-3.487 B
Sep 2019
$-3.487 B
$-1.543 B
$-4.274 B
Aug 2019
$-4.274 B
$-1.183 B
$-9.035 B
Jul 2019
$-9.035 B
$-1.294 B
$-2.914 B
Jun 2019
$-2.914 B
$-0.584 B
$0.662 B
May 2019
$0.662 B
$-0.256 B
$-0.062 B
Apr 2019
$-0.062 B
$0.085 B
$-0.494 B
Mar 2019
$-0.494 B
$0.396 B
$-1.134 B
Feb 2019
$-1.134 B
$0.383 B
$-6.548 B
Jan 2019
$-6.548 B
$-0.179 B
$-0.815 B
Dec 2018
$-0.815 B
$-0.795 B
Nov 2018
$-0.795 B
$0.337 B
Oct 2018
$0.329 B
$0.032 B
Sep 2018
$0.032 B
$-0.72 B
Aug 2018
$-0.72 B
$-4.4 B
Jul 2018
$-4.4 B
$0.435 B
Jun 2018
$0.435 B
$0.729 B
May 2018
$0.729 B
$0.62 B
Apr 2018
$0.62 B
$0.798 B
Mar 2018
$0.798 B
$0.283 B
Feb 2018
$0.283 B
$4.3 B
Jan 2018
$4.3 B
$-4.3 B
Dec 2017
$-4.3 B
$-2.388 B
Nov 2017
$-2.388 B
$-0.343 B
Oct 2017
$-0.343 B
$0.434 B
Sep 2017
$0.434 B
$-0.302 B
Aug 2017
$-0.302 B
$-3.4 B
Jul 2017
$-3.4 B
$1.33 B
Jun 2017
$1.33 B
$2.9 B
May 2017
$2.9 B
$1.2 B
Apr 2017
$1.2 B
$1.397 B
Mar 2017
$1.397 B
$-0.935 B
Feb 2017
$-0.935 B
$-5.1 B
Jan 2017
$-5.1 B
$-5.881 B
Dec 2016
$-5.881 B
$-0.878 B
Nov 2016
$-0.878 B
$-3.339 B
Oct 2016
$-3.339 B
$-0.465 B
Sep 2016
$-0.465 B
$-0.579 B
Aug 2016
$-0.579 B
$-4.05 B
Jul 2016
$-4.05 B
$-2.479 B
Jun 2016
$-2.479 B
$1.2 B
May 2016
$1.2 B
$0.4 B
Apr 2016
$0.4 B
$-0.855 B
Mar 2016
$-0.855 B
$-1.919 B

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