International Reserves in Brazil

Brazil International Reserves | Economic News & Forecasts

Brazil - International Reserves

Current account deficit narrows in February

Brazil’s current account balance came in at a deficit of USD 1.1 billion in February, a smaller shortfall than the USD 2.0 billion deficit recorded in the same month of 2018.

The improvement was due chiefly to a higher trade surplus, which came in at USD 3.2 billion in February (February 2018: USD 2.7 billion). Meanwhile, foreign direct investment jumped to USD 8.4 billion in February, nearly double the USD 4.7 billion recorded in the same month of the previous year.

The 12-month trailing current account deficit hit USD 13.9 billion in February, smaller than January’s USD 14.8 billion shortfall. February’s result is equal to approximately 0.7% of GDP.

Analysts who participated in this month’s LatinFocus Consensus Forecast expect a current account deficit of 1.3% of GDP in 2019. For 2020, panelists expect the current account deficit to widen to 1.6% of GDP.

Brazil - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)359  364  356  365  374  

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Brazil International Reserves Chart


Brazil International Reserves
Note: International reserves in months of imports.
Source: Central Bank of Brazil and Met the why particular calculations.

Brazil Facts

ValueChangeDate
Bond Yield9.06-0.82 %Jan 30
Exchange Rate3.69-0.13 %Jan 30
Stock Market96,996-0.11 %Jan 30

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