Brasília – Spending of Brazilians abroad reached US$ 2.116 billion in April, according to a balance sheet disclosed on Wednesday (22) by the Central Bank of Brazil. It is the highest result in the series since it started being recorded by the Central Bank, in 1969. In the same month last year, spending was US$ 1.809 billion. From January to April, the Brazilians spent abroad a total of US$ 8.137 billion, against US$ 7.189 billion in the same period in 2012.
According to the head of the Economic Department of the Central Bank, Tulio Maciel, the growth of spending of Brazilians is explained by the growth of income, through true expansion of employment and real wages. Apart from that, he mentioned that “there are opportunities” for travels to countries in which “growth does not show greater dynamism”.
This month, according to Maciel, the tendency for expansion of spending is maintained. In May, up to the 20th, spending with international travels totalled US$ 1.398 billion.
Foreigners on travels to Brazil generated revenues of US$ 583 million in April, against US$ 557 million in the same month in 2012. In the four months of the year, US$ 2.5 billion were recorded, a practically stable result as against the first quarter of last year (US$ 2.477 billion). In May, up to the 20th, foreign revenues in Brazil totalled US$ 333 million.
*Translated by Mark Ament
