Brazil Flash: ”Current account deficit to near 3.0% in 2012 after closing 2011 at 2.1% of GDP”
Published on Monday, January 23, 2012
Brazil Flash: ”Current account deficit to near 3.0% in 2012 after closing 2011 at 2.1% of GDP”
Summary
Current account deficit closed 2011 at 2.1% of GDP, not very far from the 2.2% deficit observed in 2010 as very positive terms of trade drove trade balance up and offset the negative impact of a strong domestic demand and an appreciated exchange rate.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
Report (PDF)
120124_Brazil_Flash-Current_account_deficit_tcm348-284943.pdf
English - January 23, 2012