Negative balance rose 106% compared to March 2025; in 12 months, deficit rises to US$ 64.3 billion
Current transactions in Brazil’s external accounts recorded a deficit of US$6.0 billion in March. This was the highest value for the month since 2024, when the negative balance totaled US$6.5 billion. The Central Bank released the report “External sector statistics” this Friday (April 24, 2026). Here is the document (PDF – 197 kB).
The survey considers the balance of trade (exports and imports), services purchased by Brazilians abroad and income, such as remittances of interest, profits and dividends to other countries. The account includes, for example, streaming services (such as , etc.) and telecommunications services, such as cloud and software.
The deficit of US$6 billion represents an increase of 106% in relation to the negative balance of March 2025, when it totaled US$2.9 billion. According to the Central Bank, the increase was mainly due to the following factors:
- reduction of US$1.6 billion in the goods trade surplus;
- increases in deficits in primary income, US$1.1 billion, and services, US$0.6 billion.
Read the details in the table below:
Brazil recorded a current account deficit of US$64.3 billion in the 12 months up to March. The value represents 2.71% of GDP (Gross Domestic Product). Until February, the negative balance was US$61.2 billion (2.61% of GDP).
