Foreign direct investment into Brazil hits $7,109 billion in March, says Central Bank

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Foreign direct investment (FDI) in Brazil was at the $7,109 billion mark in March, according to Central Bank data.

From the start of 2017 until the end of March, the inflows of FDI have totalled $23,943 billion. The Central Bank estimates this should hit $75 billion before the end of the year. In the 12-month measure up to March this year, the level of FDI was $85,939 billion, which is around 4.5% of GDP.

Stock investments

Direct investment in Brazilian stocks retreated, with outflows of $2,271 billion in March, the Central Bank reported. In the same month last year, the result was positive at $ 2.027 billion. There were further outflows for fixed income, reaching $59 million in March, a drop of $1,116 billion this the year up to March.

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