Current account balance as a share of the GDP of Brazil 2007-2029
The current account balance as a share of the GDP in Brazil was forecast to increase between 2024 and 2029 by in total 0.2 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the share will have increased for the third consecutive year to -1.57 percent.
This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Brazil with key insights such as the unemployment rate, the gross domestic product (GDP) per capita, and the national debt.
This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Brazil with key insights such as the unemployment rate, the gross domestic product (GDP) per capita, and the national debt.
