{"id":258033,"date":"2019-09-23T17:57:19","date_gmt":"2019-09-23T20:57:19","guid":{"rendered":"https:\/\/anba.com.br\/?p=258033"},"modified":"2019-09-23T18:24:13","modified_gmt":"2019-09-23T21:24:13","slug":"investment-down-and-current-account-deficit-up-in-brazil","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/investment-down-and-current-account-deficit-up-in-brazil\/","title":{"rendered":"Investment down and current account deficit up in Brazil"},"content":{"rendered":"<p>Bras\u00edlia \u2013 Foreign direct investment (FDI) in Brazil grossed USD 9.47 billion in August, down 1.87% from a year ago, Central Bank of Brazil (<a href=\"http:\/\/www.bcb.gov.br\/\" target=\"_blank\" rel=\"noopener\">BC<\/a>) reported this Monday (23).<\/p>\n<p>FDI inflows came out to USD 41.213 billion year-to-date through August, down 10.5% from a year ago.<\/p>\n<p>Despite the decline, they are enough to finance Brazil\u2019s current account deficit, which stood at USD 4.274 billion in August and USD 30.277 billion year-to-date. Both results, however, were well above last year\u2019s.<\/p>\n<p>Despite the deficit increase and the FDI decline, BC Department of Statistics head Fernando Rocha <em>(pictured above)<\/em> reported that \u201ccurrent account\u2019s sustainability remains unchanged.\u201d<\/p>\n<p>The trade surplus stood at USD 2.664 billion in August and USD 27.164 billion year-to-date. On the other hand, services account (<a href=\"https:\/\/anba.com.br\/en\/brazilians-spending-abroad-down\/\">international travels<\/a>, transport, investment rent, and others) posted a USD 2.461 billion deficit in August and a USD 23.327 billion deficit year-to-date through August.<\/p>\n<p>The primary income account (profits and dividends, interest and wage payments) ran a deficit of USD 4.727 billion last month and USD 35.107 year-to-date. The secondary income account (income generated in one economy and distributed to another, like donations and dollar remittances with no corresponding services or goods) ran a surplus of USD 249 million in August and USD 992 million year-to-date.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-258030\">Jos\u00e9 Cruz\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"<p>FDI inflows in Brazil slid in both August and year-to-date, but it\u2019s still enough to finance the current account deficit.<\/p>\n","protected":false},"author":2315,"featured_media":258030,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[7898,37109,7088,3901,11477,10199,10014,573],"class_list":{"0":"post-258033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-central-bank-of-brazil","9":"tag-contas-externas-en","10":"tag-current-accounts","11":"tag-fdi","12":"tag-fernando-rocha-en","13":"tag-foreign-direct-investment","14":"tag-investment-en","15":"tag-trade-balance"},"wps_subtitle":"FDI inflows in Brazil slid in both August and year-to-date, but it\u2019s still enough to finance the current account deficit.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/258033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=258033"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/258033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/258030"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=258033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=258033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=258033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}