Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Brazil
BRAB6CATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,857,720.00
Year-over-Year Change
40.49%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic indicator measures the balance between Brazil's revenue and expenditure on nonproduced nonfinancial assets, such as land, mineral deposits, and other natural resources. It is an important component of the country's overall balance of payments 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 Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Brazil tracks the net inflow or outflow of revenue related to the purchase and sale of natural resources and other nonproduced assets. This metric provides insight into Brazil's international trade and investment activities in these areas.
Methodology
The data is collected and calculated by Brazil's central bank based on international accounting standards.
Historical Context
Economists and policymakers use this metric to assess Brazil's trade dynamics and natural resource utilization.
Key Facts
- Brazil is a major exporter of natural resources, including minerals and agricultural products.
- This metric reflects Brazil's revenue from selling natural resources minus expenditures on acquiring them.
- The balance of payments on nonproduced nonfinancial assets is an important indicator of a country's international trade position.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the balance between Brazil's revenue and expenditure on the purchase and sale of natural resources and other nonproduced nonfinancial assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Brazil's international trade and investment activities related to natural resources, which is important for assessing the country's overall balance of payments position.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Brazil's central bank based on international accounting standards.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Brazil's trade dynamics and natural resource utilization, which can inform economic and natural resource management policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedules of Brazil's central bank.
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Citation
U.S. Federal Reserve, Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Brazil (BRAB6CATT01CXCUQ), retrieved from FRED.