South America

Brazil Reports $5.1 Billion August Current-Account Deficit

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Courtroom-sketch editorial illustration of the Banco Central do Brasil building and surrounding Rio de Janeiro skyline, based on an archival 2023 photograph as context rather than the August 2026 statistics announcement, rendered in warm ochre and slate-blue pastel strokes.

Brazil's central bank reported a US$5.1 billion current-account deficit for August 2026, compared with US$3.8 billion in August 2025. Over the 12 months through August, the deficit reached US$63.0 billion, equivalent to 2.47% of gross domestic product. A US$6.6 billion goods-trade surplus was outweighed by deficits of US$5.3 billion in services and US$7.0 billion in primary income, according to the bank's external-sector statistics. Direct investment inflows totaled US$7.4 billion in August, the bank said.

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