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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Current account balance (% of GDP) held to -1.42 Percentage of GDP in January 2023
World BankYearlyReleased January 2023
Brazil Current account balance (% of GDP) held to -1.42 Percentage of GDP in January 2023.
Latest Release
-1.42
Latest (2023)
-1.42
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account Balance (% of GDP) (Brazil) was reported at -2.93 Percent in December 2025. The reading rose from the previous value of -2.99 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged -2.38 Percent, down from the prior three at -2.05 Percent. In December readings over the past 3 years, Current Account Balance (% of GDP) has averaged -2.38 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Current account balance (% of GDP) - BR
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About Current account balance (% of GDP) — Brazil
DEFINITION
Brazil's Current Account Balance (% of GDP) improved to -2.926301 in December 2025 from -2.988014 in December 2024, indicating a slight narrowing of the deficit. The current account remains in deficit but shows a modest recovery compared to the previous year. Market participants will watch upcoming trade and capital flow data for further clarity on Brazil's external position. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/BRL (Bullish BRL, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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