Brazil attracted foreign direct investment (FDI) inflows of $8.91 billion in April 2026, up from $5.4 billion in the same month a year earlier and far exceeding market expectations of $5.3 billion. This was the highest monthly FDI level since November of the previous year. Equity inflows reached $6.8 billion, comprising $3.2 billion in new (non-reinvested) equity and $3.7 billion in reinvested earnings, while intercompany lending contributed an additional $2.1 billion. Portfolio investment posted net inflows of $0.6 billion in April 2026, with $1.1 billion coming from equity and investment funds, partly offset by net outflows from debt securities.