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LatinNews Daily - 26 November 2025
In brief: Brazil’s current account deficit down in October
*Brazil’s central bank (BCB) has released its latest figures for the country’s balance of payments, which showed a current account deficit of US$5.1bn in October. This monthly deficit is down from the deficits of U$9.8bn in September and US$7.4bn in October last year. The accumulated deficit for the 12 months through October 2025 stood at US$76.7bn (3.48% of GDP), down from US$79.0bn (3.61% of GDP) in the 12 months ending September but up from the US$57.3bn (2.57% of GDP) in the 12 months through October 2024. The trade balance of goods in October this year showed a surplus of US$6.2bn, up from the monthly surpluses of US$2.3bn registered the previous month and US$3.2bn the same month last year. Foreign direct investment (FDI) also saw an increase in October, totalling US$10.9bn. This is up from US$10.7bn in September and US$6.7bn in October 2024.
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