Brazil's current account deficit widened to $6.0 billion in March 2026 from $2.9 billion in March 2025, missing forecasts of a $5.6 billion gap. The goods trade surplus contracted to $5.6 billion from $7.2 billion. Goods exports rose 9.5% year-on-year to $31.7 billion, while goods imports climbed 19.9% to $26.1 billion. The services account deficit expanded to $4.8 billion from $4.2 billion, driven by increases in telecommunications, computing and information expenses (up 27.4%), intellectual property services (up 9.2%), and transport expenses (up 7.5%). The primary income deficit reached $7.4 billion, up 17.8%, as net interest expenses surged 33.5% to $2.6 billion on higher intercompany operations, while net profit and dividend expenses totaled $4.8 billion, up 10.7%. The 12-month current account deficit through March 2026 widened to $64.3 billion (2.71% of GDP) from $61.2 billion (2.61% of GDP) in February. source: Banco Central do Brasil

Brazil recorded a Current Account deficit of 6040 USD Million in March of 2026. Current Account in Brazil averaged -2323.78 USD Million from 1980 until 2026, reaching an all time high of 3403.00 USD Million in April of 2021 and a record low of -14126.00 USD Million in January of 2014. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Brazil recorded a Current Account deficit of 6040 USD Million in March of 2026. Current Account in Brazil is expected to be -3000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Current Account is projected to trend around -5800.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-27 11:30 AM
Current Account
Feb $-5.61B $-8.36B $-5.4B $-8.1B
2026-04-24 11:30 AM
Current Account
Mar $-6.04B $-5.61B $-5.65B $ -7B
2026-05-25 11:30 AM
Current Account
Apr $-6.04B


Related Last Previous Unit Reference
Balance of Trade 6400.00 4210.00 USD Million Mar 2026
Capital Flows -6245.60 -8247.90 USD Million Feb 2026
Current Account -6040.00 -5610.00 USD Million Mar 2026
Current Account to GDP -3.02 -3.03 percent of GDP Dec 2025
Exports 31603.40 26203.10 USD Million Mar 2026
External Debt 819469.66 804218.45 USD Million Dec 2025
Foreign Direct Investment 6040.00 6750.00 USD Million Mar 2026
Imports 25198.80 22165.30 USD Million Mar 2026
Remittances 329.10 353.90 USD Million Feb 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
-6040.00 -5610.00 3403.00 -14126.00 1980 - 2026 USD Million Monthly

News Stream
Brazil Current Account Deficit Widens in March
Brazil's current account deficit widened to $6.0 billion in March 2026 from $2.9 billion in March 2025, missing forecasts of a $5.6 billion gap. The goods trade surplus contracted to $5.6 billion from $7.2 billion. Goods exports rose 9.5% year-on-year to $31.7 billion, while goods imports climbed 19.9% to $26.1 billion. The services account deficit expanded to $4.8 billion from $4.2 billion, driven by increases in telecommunications, computing and information expenses (up 27.4%), intellectual property services (up 9.2%), and transport expenses (up 7.5%). The primary income deficit reached $7.4 billion, up 17.8%, as net interest expenses surged 33.5% to $2.6 billion on higher intercompany operations, while net profit and dividend expenses totaled $4.8 billion, up 10.7%. The 12-month current account deficit through March 2026 widened to $64.3 billion (2.71% of GDP) from $61.2 billion (2.61% of GDP) in February.
2026-04-24
Brazil's Current Account Deficit Narrows in February
Brazil's current account deficit narrowed to $5.6 billion in February 2026, down from $10.2 billion a year earlier, though slightly above forecasts of $5.4 billion. The goods trade balance swung to a $3.5 billion surplus from a $1.1 billion deficit, with exports rising 14.8% to $26.4 billion and imports falling 5.1% to $22.9 billion. The services deficit remained steady at $3.9 billion, as international travel spending surged 49.0% and intellectual property services jumped 46.8%, partially offset by lower transport costs (-18.0%) and telecom expenses (-4.6%). The primary income deficit edged up 2.1% to $5.6 billion, as profit and dividend outflows rose 13.6% while interest payments fell 19.8%. Over the 12-month period, the deficit fell to $63.4 billion (2.71% of GDP), down from $79.0 billion (3.67% of GDP) a year earlier.
2026-03-27
Brazil's Current Account Deficit Narrows in January
Brazil's current account deficit narrowed to $8.4 billion in January 2026, down from $9.8 billion in January 2025, though it fell short of the forecasted $6.6 billion deficit. The goods trade surplus expanded to $3.5 billion, up from $1.4 billion a year earlier. The services account deficit declined 12.8% to $4.0 billion, while the primary income deficit widened 18.7% to $8.3 billion, compared to $7.0 billion in January 2025. On a rolling twelve-month basis, the current account deficit narrowed to $67.6 billion (2.92% of GDP) as of January 2026, improving from $69.0 billion (3.03% of GDP) the previous month. For full-year 2025, Brazil’s current account deficit reached $68.8 billion, equivalent to 3.02% of GDP, slightly wider in nominal terms than the $66.2 billion deficit (3.03% of GDP) recorded in 2024.
2026-02-24