In January 2025, Brazil’s current account deficit reached $8.7 billion, an increase from $4.4 billion a year earlier and exceeding forecasts of $8.3 billion. The goods surplus dropped to $1.2 billion, while the services deficit rose to $4.6 billion.
Brazil’s current account deficit significantly widened in January 2025, reaching $8.7 billion. This figure is notably larger than the $4.4 billion deficit recorded in the same month of the previous year and surpasses the projected deficit of $8.3 billion. The country’s goods surplus saw a dramatic decline to $1.2 billion from $5.6 billion a year prior, while the services sector’s deficit increased to $4.6 billion from $3.5 billion during the same period.
In conclusion, Brazil’s current account performance in January 2025 presents a concerning trend with a larger-than-expected deficit. The notable decrease in goods surplus alongside an increase in the services deficit contributes to the overall financial challenges facing the economy. Monitoring these trends will be essential for assessing Brazil’s economic health moving forward.
Original Source: www.tradingview.com
