Current account balance as a share of GDP in Brazil
Brazil: Current account balance as a share of GDP was -3.0% in 2024. ◆ Volatile
Current account balance as a share of GDP in Brazil, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Brazil recorded -3.0% for current account balance as a share of gdp in 2024.
The figure is down 144.4% on the previous year and up 32.7% over ten years.
Over the whole period, current account balance as a share of gdp in Brazil peaked at 1.3% in 2004 and was at its lowest, -4.5%, in 2014.
That places Brazil 124th out of 193 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Brazil, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.0% | — |
| 2001 | -4.4% | +9.6% |
| 2002 | -1.9% | -58.3% |
| 2003 | 0.4% | -121.1% |
| 2004 | 1.3% | +243.6% |
| 2005 | 1.3% | -2.2% |
| 2006 | 1.0% | -26.0% |
| 2007 | -0.2% | -120.6% |
| 2008 | -2.1% | +950.0% |
| 2009 | -1.8% | -16.2% |
| 2010 | -3.9% | +123.3% |
| 2011 | -3.2% | -18.8% |
| 2012 | -3.8% | +17.9% |
| 2013 | -3.6% | -5.1% |
| 2014 | -4.5% | +26.1% |
| 2015 | -3.5% | -21.8% |
| 2016 | -1.7% | -51.7% |
| 2017 | -1.2% | -28.2% |
| 2018 | -2.8% | +130.3% |
| 2019 | -3.4% | +21.4% |
| 2020 | -1.6% | -51.9% |
| 2021 | -2.4% | +43.9% |
| 2022 | -2.1% | -8.9% |
| 2023 | -1.2% | -42.3% |
| 2024 | -3.0% | +144.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.0% | -4.4% | 1.3% | 10 |
| 2010s | -3.2% | -4.5% | -1.2% | 10 |
| 2020s | -2.1% | -3.0% | -1.2% | 5 |
Countries ranked near Brazil
- 121 Iceland -2.6% compare
- 122 Kazakhstan -2.7% compare
- 123 Tanzania, United Republic of -3.0% compare
- 125 Dominican Republic -3.4% compare
- 126 Venezuela, Bolivarian Republic of -3.4% compare
- 127 Paraguay -3.4% compare
More economy & growth data for Brazil
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.56 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Services, value added (constant LCU), per capita 13,183 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 5.73 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,211 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4.8 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 51,463 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Brazil?
- Current account balance as a share of gdp in Brazil was -3.0% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Brazil?
- The highest recorded value was 1.3% in 2004.
- What is the lowest current account balance as a share of gdp recorded in Brazil?
- The lowest recorded value was -4.5% in 2014.
- How does Brazil rank for current account balance as a share of gdp?
- Brazil ranks 124th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Brazil?
- Over the last ten years it is up 32.7%. The long-run trend across the full record is volatile.
- Where does this Brazil data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).