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LatinNews Daily - 29 April 2025
In brief: Brazil’s current account deficit decreases in March
*Brazil’s central bank (BCB) has released its latest figures for the country’s balance of payments, showing a current account deficit of US$2.2bn in March. This marks a decrease from the monthly deficit of US$8.8bn registered in February and from the US$4.1bn deficit in March 2024. The annual deficit in the 12 months to March 2025 totalled US$68.5bn (3.21% of GDP), down from US$70.3bn (3.28% of GDP) the previous month but up from US$26.3bn (1.17% of GDP) in the same month last year. The trade balance of goods in March this year showed a surplus of US$7.6bn, up from the surplus of US$6.4bn in March last year. Foreign direct investment (FDI) in March 2025 totalled US$6.0bn, down from US$9.3bn in February and from US$10.2bn in the same month last year.
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