The jump was US$74.3 billion from January to October, an increase of 8.8% compared to the same period in 2024
The balance of IDP (Direct Investment in the Country) totaled US$74.3 billion accumulated from January to October. This is the highest value for the period since 2014, in nominal values. The (Central Bank) released the result this Tuesday (25.Nov.2025). Here is the statement (PDF – 369 kB).
Net inflow rose 8.8% year-to-date compared to the same period last year.
The historical series begins in 1995. BC data shows the balance of capital inflows and outflows aimed at long-term gains, such as in the area of business, companies, openings of multinational branches, infrastructure works, installation of new factories, purchase of shares in national companies and others.
In October, IDP totaled US$10.9 billion. This is the highest value in nominal terms for the month since 2011. The balance increased by 63.3% compared to the same month last year.
DIRECT INVESTMENT
The Central Bank said that net inflows in capital participation totaled US$ 10.1 billion, with US$ 6.6 billion in capital participation excluding reinvested profits and US$ 3.5 billion in reinvested profits.
Intercompany operations totaled US$855 million in net inflows.
In the 12-month period, the IDP balance was US$80.1 billion in October, which corresponds to 3.63% of GDP (Gross Domestic Product). In September, it was US$75.8 billion (3.46% of GDP). 1 year ago, in October 2024, it totaled US$72.9 billion, or 3.27% of GDP.
The median projections from financial agents indicate that the IDP balance will be US$72.35 billion in 2025, according to the Central Bank.
EXTERNAL ACCOUNTS
Brazil’s external accounts recorded a deficit of US$5.121 billion in October. The negative balance fell 30.7% compared to the same month in 2024, when it totaled US$7.39 billion in the red.
The survey considers the balance of trade (exports and imports) and the services purchased by Brazilians abroad for income, such as remittances of interest, profits and dividends to other countries.
The current account balance over the 12 months was negative: US$76.7 billion deficit. The value corresponds to 3.48% of GDP. In September, the deficit had been US$79.0 billion, or 3.61% of GDP. 1 year ago, in October 2024, the negative balance had been US$57.3 billion, or 2.57% of GDP.
