Mexico Current Account Balance: % of GDP

Key information about Mexico Current Account Balance: % of GDP

• Mexico Current Account surplus accounted for 2.9 % of the country's Nominal GDP in Dec 2024, compared with a 0.2 % surplus in the previous quarter.
• Mexico Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1993 to Dec 2024, with an average value of -1.4 %.
• The data reached an all-time high of 6.2 % in Sep 2020 and a record low of -5.7 % in Sep 1994.

CEIC calculates Current Account as % of Nominal GDP from quarterly Current Account Balance and quarterly de-annualized Nominal GDP. The Bank of Mexico provides Current Account Balance in USD based on BPM6. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2002 is based on BPM5.


Key information about Mexico Current Account Balance: % of GDP

• In the latest reports of Mexico, Current Account recorded a deficit of 14.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 1.8 USD bn in Dec 2024.
• Mexico Direct Investment Abroad expanded by 2.3 USD bn in Dec 2024.
• Its Foreign Portfolio Investment fell by 193.5 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 397.5 USD bn in Mar 2023.

View Mexico's Current Account Balance: % of GDP from Mar 1993 to Dec 2024 in the chart:

What was Mexico's Current Account Balance: % of GDP in Dec 2024?

Mexico Current Account surplus accounted for 2.9 % of the country's Nominal GDP in Dec 2024, compared with a 0.2 % surplus in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
2.9 Dec 2024	0.2 Sep 2024	-5.7 Sep 1994	6.2 Sep 2020	%	quarterly	Mar 1993 - Dec 2024

Current Account Balance: % of GDP by Country Comparison

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