*Brazil’s central bank (BCB) has released its figures for the country’s balance of payments in April, showing a current account deficit of US$1.3bn. This is down from a deficit of US$2.2bn
in March and of US$1.7bn in April 2024. The accumulated deficit in the 12 months until April 2025 stood at US$68.5bn (3.22% of GDP), down from the deficit of US$68.9bn (3.23% of GDP) registered for the 12 months until March but up from the US$26.7bn (1.18% of GDP) in the 12 months until April last year. The trade balance of goods in April this year showed a surplus of US$7.4bn, down from a surplus of US$7.6bn the previous month and of US$7.8bn registered in the same month in 2024. Foreign direct investment (FDI) totalled US$5.5bn in April 2025, down from US$6.0bn in March but up from US$3.9bn in April last year.
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