Nov 26, 2011

Brazil: Balance of Payments


In October, the current account balance had a deficit of $ 3.1 billion, and in the year, accumulated deficit of USD 39 billion. This balance was offset by the financial account, which amounted to USD 3 billion in the month.

In the year, the financial account was positive with a surplus of USD 95 billion, of which USD 68 billion in foreign direct nvestments and USD 24 billion in portfolio investment. The portfolio investiment includes debt securities and capital inflow to stock market. The result was an increase in the volume of international reserves by USD 57 billion in 2011.

The table below shows the main figures of Balance of Payments of Brazil.

Source: Central Bank of Brazil




No comments:

Post a Comment