The seasonal change of the water budget in the Amazon river basin during the FGGE period is investigated, using the global objective analyzed data set, precipitation data and river discharge data. Substituting these data into the atmospheric water balance equation and that of the basin, the evapotranspiration and relative value of basin storage are estimated and the relationships of water balance terms are examined.The annual water vapor flux convergence, calculated using the FGGE "main" III-b data set analyzed at the European Centre for Medium-Range Weather Forecasts, is estimated to be smaller than the annual runoff obtained by river discharge data. This is due to the characteristics of this global objective analyzed data set that it is made by the 4-dimensional data assimilation method which expresses the divergence and convergence of wind in the tropics as weaker than in the real state. The seasonal change pattern of precipitation shows good correspondence to that of water vapor flux convergence, which is multiplied by the factor 1.37 in order that its annual value meets the annual runoff. Evapotranspiration, estimated by the atmospheric water balance equation, remains almost constant within a year and the seasonal change of basin storage is very large. This result indicates that evapotranspiration in the entire Amazon river basin is not affected by the seasonal change of basin storage even in the dry season.The evapotranspiration ratio (evapotranspiration/precipitation) of the dry season is larger than that of the rainy season. It is concluded that the role of evapotranspiration on the water cycle in the Amazon river basin is relatively more important in the dry season than in the rainy season.