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LatinNews Daily - 22 December 2025
In brief: Brazil’s current account deficit up in yearly terms
*Brazil’s central bank (BCB) has released its latest figures for the country’s balance of payments, showing a current account deficit of US$4.9bn in November. This latest monthly deficit is down from R$5.1bn in October but up from US$4.4bn in November last year. The accumulated annual deficit in the 12 months through November 2025 stood at US$77.7bn (3.47% of GDP), up from the annual figures of US$77.2bn (3.49% of GDP) the previous month and US$61.5bn (2.78% of GDP) in November 2024. The trade balance of goods in November this year showed a surplus of US$5.1bn, down from the US$6.0bn surplus in the same month last year. Meanwhile, foreign direct investment (FDI) totalled US$9.8bn in November this year, up from US$5.7bn in November 2024.
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