External Debt in Brazil
Brazil - External Debt
Current account deficit shrinks in November
Brazil’s current account balance came in at a deficit of USD 795 million in November, a smaller shortfall than the USD 2.2 billion deficit recorded in the same month of 2017.
The improvement was due in part to a higher trade surplus, which came in at USD 4.1 billion in November (November 2017: USD 3.5 billion). Meanwhile, foreign direct investment surged and came in at USD 11.3 billion in November, above the USD 4.6 billion recorded in the same month of the previous year.
The 12-month accumulative current account deficit narrowed in November to USD 14.0 billion from October’s USD 15.4 billion deficit. November’s result represented approximately 0.7% of GDP.
Analysts who participated in this month’s LatinFocus Consensus Forecast expect a current account deficit of 1.4% of GDP in 2019. For 2020, panelists expect the current account deficit to widen to 1.6% of GDP.
Brazil - External Debt Data
|External Debt (% of GDP)||12.7||14.4||18.6||18.0||15.1|
5 years of economic forecasts for more than 30 economic indicators.
Brazil External Debt Chart
Source: Central Bank of Brazil and Met the why particular calculations.
|Bond Yield||9.04||-0.82 %||Jan 21|
|Exchange Rate||3.76||-0.13 %||Jan 21|
|Stock Market||96,011||-0.11 %||Jan 21|
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January 17, 2019
In November, economic activity increased 0.3% in seasonally-adjusted month-on-month terms, according to the Central Bank’s monthly indicator for economic activity (IBC-Br, Indice de Atividade Economica do Banco Central).
January 11, 2019
The Brazilian real strengthened notably at the start of 2019, bolstered by market optimism over the new government and reform prospects.
January 7, 2019
Industrial production rebounded in November, after four consecutive monthly contractions.
January 4, 2019
Consumer prices rose 0.15% in December over the previous month, contrasting November’s 0.21% drop.
January 2, 2019
Conditions in Brazil’s manufacturing sector were nearly unchanged in December, ending the year on a solid note.