Brazil Narrows Current Account Deficit to 1.32% of GDP

Brazil’s current account deficit decreased to $28.6 billion (1.32% of GDP) in 2023 from the prior year’s $48.3 billion (2.47% of GDP), as reported by the Central Bank. The current account shortfall in December was reported at $5.8 billion, an improvement over the $7.5 billion recorded in the same month a year earlier. This deficit, […]

Leave a Reply

Your email address will not be published. Required fields are marked *