Current account and capital flows · Brazil

Brazil Current Account

The Brazil Current Account measures money flowing between Brazil and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

Importance
Low
Released
Monthly
Next release
Currency
BRL · Brazilian real
Central bank
The Banco Central do Brasil

Latest figures

The latest release for SEP, published on 26 October 2026, came in at $-5.1B.

ReleasedForActualConsensusPrevious
26 Oct 2026SEP$-5.1B$-5B$-5.54B ®
28 Sep 2026AUG$-5.06B$-4.9B$-9.37B ®
27 Aug 2026JUL$-8.11B$-6.6B$-2.69B ®
26 Jun 2026MAY$-3.19B$-4.16B$-1.77B
26 May 2026APR$-1.77B$-0.2B$-5.94B ®
24 Apr 2026MAR$-6.04B$-5.65B$-5.61B
27 Mar 2026FEB$-5.61B$-5.4B$-8.36B
24 Feb 2026JAN$-8.36B$-6.6B$-3.36B
26 Jan 2026DEC$-3.36B$-5.3B$-4.94B
19 Dec 2025NOV$-4.94B$-4.95B$-5.51B ®
25 Nov 2025OCT$-5.12B$-4.85B$-9.77B
24 Oct 2025SEP$-9.77B$-7.5B$-4.67B

See it in the economic calendar →

Why it matters

A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.

How it is calculated

The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.

Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0

What changes mean

  • A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
  • Large foreign purchases of local bonds support the currency.

Higher than expected: A larger surplus or stronger inflows than expected tend to support the Brazilian real.

Lower than expected: A larger deficit or weaker inflows than expected tend to weigh on the Brazilian real.

A short history

Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.

Questions

What is the Brazil Current Account?

The Brazil Current Account measures money flowing between Brazil and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

What was the latest Brazil Current Account?

$-5.1B for SEP, published on 26 October 2026 (consensus $-5B, previous $-5.54B).

When is the next Brazil Current Account?

On Wednesday 25 November 2026 at 11:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.