Balance of Payments: Services: Expenditure for Brazil
BRAB6DBSE01CXCUSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,295,250,000.00
Year-over-Year Change
37.94%
Date Range
1/1/1995 - 1/1/2025
Summary
The Balance of Payments: Services: Expenditure for Brazil measures the value of services imported by Brazil, providing insight into the country's international economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend tracks Brazil's expenditures on imported services, which include categories like transportation, travel, and intellectual property rights. It offers a window into Brazil's participation in global trade and services markets.
Methodology
The data is collected and reported by Brazil's central bank.
Historical Context
Policymakers and analysts use this metric to assess Brazil's external economic position and competitiveness.
Key Facts
- Brazil's services expenditure totaled $48.7 billion in 2021.
- Services trade accounts for about 20% of Brazil's total international trade.
- Travel and transportation services are the largest components of Brazil's services imports.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Services: Expenditure for Brazil measures the value of services imported by Brazil, providing insight into the country's international economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a window into Brazil's participation in global trade and services markets, which is valuable for policymakers and analysts assessing the country's external economic position and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by Brazil's central bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Brazil's external economic position and competitiveness.
Q: Are there update delays or limitations?
A: The data is published regularly by Brazil's central bank, though there may be occasional delays or limitations in reporting.
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Citation
U.S. Federal Reserve, Balance of Payments: Services: Expenditure for Brazil (BRAB6DBSE01CXCUSAQ), retrieved from FRED.