2025 Current Accounting Deficit to Increase from $65.06 Billion to $65.41 Billion, Focus Projects

The Focus report's median estimate for Brazil's current account deficit in 2025 rose from US$65.06 billion to US$65.41 billion. A month earlier, it was US$62.00 billion. The 2026 deficit projection remained at US$62.00 billion. Four weeks ago, it was US$61.70 billion.

Market expectations suggest that the current account deficit will continue to be comfortably financed by Domestic Direct Investment (FDI). The median for 2025 indicates a net inflow of US$70 billion, stable for 38 weeks. The projection for 2026 also remained at US$70 billion for the 24th consecutive week.

The median trade surplus in 2025 remained at US$65.00 billion for the fourth consecutive week. The projection for the 2026 trade surplus rose from US$68.70 billion to US$69.00 billion. A month earlier, it was US$69.00 billion.

On August 30, US President Donald Trump signed an executive order imposing an additional 40% tariff on Brazilian goods sold to the country. This rate is in addition to the general 10% tariff already in effect.

The Central Bank reported in its second-quarter Monetary Policy Report (RPM) that it expects a current account deficit of US$58 billion this year. The projected trade surplus is US$60 billion. For GDP, the agency forecasts a net inflow of US$70 billion.

*Content created with the help of Artificial Intelligence, reviewed and edited by the Broadcast Editorial Team, Grupo Estado's real-time news system.