Brazil: Net errors and omissions

* indicates monthly or quarterly data series
 Brazil

Balance of payments, net errors and omissions

 Latest value 224.15
 Year 2023
 Measure million USD
 Data availability 1975 - 2023
 Average 1,079.85
 Min - Max -5,668.36 - 11,309.72
 Source The World Bank
The latest value from 2023 is 224.15 million USD, a decline from 1248.16 million USD in 2022. In comparison, the world average is -638.70 million USD, based on data from 148 countries. Historically, the average for Brazil from 1975 to 2023 is 1079.85 million USD. The minimum value, -5668.36 million USD, was reached in 2011 while the maximum of 11309.72 million USD was recorded in 2008. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Brazil - Net errors and omissions - Recent values chart

Historical series
Brazil - Net errors and omissions - historical chart - 1975-2023




Definition: Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 123.23 2021 percent
 Trade openness 33.85 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 18.11 2023 percent
 Exports, billion dollars 393.66 2023 billion U.S. dollars
 Growth of exports 1.02 2023 percent
 Imports, percent of GDP 15.74 2023 percent
 Imports, billion dollars 342.21 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.95 2023 percent
 Foreign Direct Investment, billion dollars 64.23 2023 billion U.S. dollars
 Portfolio investment inflows, equities -1,124.86 2023 million dollars (current)
 Current account, percent of GDP -1.42 2023 percent
 Current account, in dollars -21.74 2023 billion U.S. dollars
 Current Account, quarterly -3.58 12/2024 percent
 Trade balance, percent of GDP 2.37 2023 percent
 Trade balance, in dollars 52.18 2023 billion U.S. dollars
 Reserves 355.02 2023 billion U.S. dollars
 Remittances, percent of GDP 0.20 2023 percent
 Remittances 4,433.70 2023 million U.S. dollars
 Net errors and omissions 224.15 2023 million USD
 External debt 31.11 2022 percent
 Short-term external debt 13.26 2023 percent
 Short-term debt to reserves 22.67 2023 percent
 Foreign exchange reserves 336.16 3/2025 billion
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