Brazil Current Account to GDP

Brazil recorded a Current Account deficit of 3.66 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Brazil is reported by the Banco Central do Brasil. Current Account to GDP in Brazil averaged -1.84 Percent from 1980 until 2013, reaching an all time high of 1.80 Percent in 2004 and a record low of -8.20 Percent in 1982. 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. This page provides - Brazil Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-3.66 -2.40 1.80 -8.20 -2.66 | 2014/06 1980 - 2013 Percent Yearly

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Brazil Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -3.66 2013-12-31 -2.40 1.80 -8.20 -2.66 2014-06-30 Percent [+]
Capital Flows 7626.80 2014-02-15 13936.00 16811.30 -16639.20 7932.14 2014-03-31 USD Million [+]
Crude Oil Production 2079.00 2013-10-15 2094.00 2231.00 330.00 Thousands Barrels per Day [+]
External Debt 312021.72 2013-12-31 309859.83 321712.30 64259.50 307975.86 2014-03-31 USD Million [+]
Foreign Direct Investment 4131.90 2014-02-15 5097.70 15374.35 -22.15 5986.39 2014-03-31 USD Million [+]
Remittances 1989.00 2012-12-31 1974.00 6411.00 1974.00 1997.96 2013-12-31 USD Million [+]
Terms of Trade 116.81 2014-02-15 120.78 132.64 64.71 117.27 2014-03-31 Index Points [+]
Current Account -7445.00 2014-02-28 -11590.00 3068.40 -11590.00 -8043.71 2014-03-31 USD Million [+]
Exports 17628.00 2014-03-15 15933.83 26158.51 75.06 17127.35 2014-04-30 USD Million [+]
Imports 17516.00 2014-03-15 18058.94 23045.45 67.00 20183.26 2014-04-30 USD Million [+]
Balance of Trade 112.00 2014-03-15 -2125.11 5659.37 -4058.14 -170.65 2014-04-30 USD Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


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