Agência Brasil*
Brasília – Foreign direct investment (FDI) into Brazil stood at US$ 886 million last December, having totalled US$ 34.616 billion in 2007. FDI reached US$ 2.487 billion in December 2006, and US$ 18.782 billion in the whole of 2006. The data were disclosed today (28th) by the Brazilian Central Bank.
The annual FDI was below the estimate presented approximately 20 days ago by the United Nations Conference on Trade and Development (Unctad), which was US$ 37.4 billion, but still it was almost twice as much as the total for 2006. The figure was also slightly lower than the projection of the Central Bank, which was US$ 35 billion.
The current account surplus, which includes the balance of trade, services, income and unilateral transfers, posted a US$ 699 million deficit in December, but ended the year at a surplus of US$ 3.555 billion. In the previous year, the country had run a current account surplus of US$ 13.621 billion.
The balance of trade ran a surplus of US$ 3.636 billion in December, and ended the year at US$ 40.040 billion; the income and services account ran a deficit of US$ 4.795 billion and accumulated US$ 40.570 billion during the year; unilateral current transfers ran a US$ 460 million surplus in December and a US$ 4.086 billion surplus in the year.
Foreign reserves stood at US$ 180.334 billion in 2007, as against US$ 85.839 billion in 2006.
*Translated by Gabriel Pomerancblum
