Annual, Not Seasonally Adjusted
BPCRTD01BRA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
225,101,000,000.00
Year-over-Year Change
272.92%
Date Range
1/1/1979 - 1/1/2014
Summary
This economic trend measures Brazil's current account balance as a percentage of GDP on an annual, not seasonally adjusted basis. It provides insight into Brazil's international trade and financial position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The current account balance tracks a country's net trade in goods and services, net earnings on cross-border investments, and net transfer payments. Analyzing Brazil's current account balance helps economists and policymakers understand the nation's external sector performance and financial flows.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on reports from the Brazilian government.
Historical Context
Policymakers and analysts use this metric to assess Brazil's economic competitiveness, exchange rate dynamics, and external vulnerability.
Key Facts
- Brazil recorded a current account deficit of 1.3% of GDP in 2021.
- The current account balance peaked at a surplus of 0.8% of GDP in 2017.
- Brazil has run a current account deficit for most years since the 2008 global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures Brazil's current account balance as a percentage of gross domestic product (GDP) on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Analyzing Brazil's current account balance provides insight into the country's international trade and financial position, which is crucial for assessing its economic competitiveness and external vulnerability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from the Brazilian government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Brazil's exchange rate dynamics, external sector performance, and overall economic health.
Q: Are there update delays or limitations?
A: This data is published annually, so there may be a delay in the most recent information being available.
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BRAFCBODCKNUM
Use of Financial Services: Number of Loan Accounts at Other Financial Intermediaries for Brazil
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International Merchandise Trade Statistics: Exports: Commodities for Brazil
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Real Final Consumption Expenditure for Brazil
NCRSAXDCBRQ
Leading Indicators OECD: Component Series: Share Prices: Normalised for Brazil
BRALOCOSPNOSTSAM
International Trade: Net Trade: Value (Goods): With EU15 Countries for Brazil
XTNTVA02BRM667N
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRTD01BRA637N), retrieved from FRED.