Balance of Payments: Services: Expenditure for Brazil
BRAB6DBSE03STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.32
Year-over-Year Change
17.30%
Date Range
1/1/1995 - 1/1/2025
Summary
The Balance of Payments: Services: Expenditure for Brazil measures the value of services purchased by Brazilian residents from other countries, providing insight into the nation's international trade and economic activity.
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
This economic indicator tracks Brazil's expenditures on services imports, which include categories like travel, transportation, and intellectual property usage. It is a key component of the overall balance of payments, reflecting Brazil's participation in the global services trade.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of Brazilian economic activity.
Historical Context
Analysts and policymakers use this metric to assess Brazil's external competitiveness and the health of its services sector.
Key Facts
- Brazil is the largest economy in Latin America.
- Services account for over 60% of Brazil's GDP.
- Brazil runs a consistent services trade deficit.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Services: Expenditure for Brazil measures the value of services purchased by Brazilian residents from other countries, providing insight into the nation's international trade and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing Brazil's external competitiveness and the health of its services sector, which is a key component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of Brazilian economic activity.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate Brazil's participation in the global services trade and inform decisions related to trade, investment, and economic development.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as more information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Services: Expenditure for Brazil (BRAB6DBSE03STSAQ), retrieved from FRED.