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Brazil's Record $18B Profit Remittance Sparks Economic Concerns

1/27/2026

46 9 Full Breakdown

Summary

Story summary

In December 2025, Brazilian companies remitted a record $18 billion in profits abroad, double the prior year, amid anticipation of a 10% withholding tax.
Banco Central do Brasil reported a net outflow of $11.4 billion in reinvested earnings, showing remittances exceeded profits for December.
Brazil's current account deficit was 3.02% of GDP, with December's deficit at $4 billion and a strong $8.8 billion trade surplus.

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Story summary

In December 2025, Brazilian companies remitted a record $18 billion in profits abroad, double the prior year, amid anticipation of a 10% withholding tax.
Banco Central do Brasil reported a net outflow of $11.4 billion in reinvested earnings, showing remittances exceeded profits for December.
Brazil's current account deficit was 3.02% of GDP, with December's deficit at $4 billion and a strong $8.8 billion trade surplus.