Mexico recorded a Current Account deficit of 0.20 percent of the country's Gross Domestic Product in 2019. source: Banco de México

Current Account to GDP in Mexico averaged -1.76 percent from 1980 until 2019, reaching an all time high of 3.40 percent in 1983 and a record low of -6.10 percent in 1992. This page provides - Mexico Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Current Account to GDP - values, historical data and charts - was last updated on February of 2021.

Current Account to GDP in Mexico is expected to reach -0.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Current Account to GDP is projected to trend around -1.40 percent in 2021 and -1.20 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Mexico Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -1.90 3.40 -6.10 1980 - 2019 percent Yearly

Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 6261.96 3032.00 6261.96 -4625.28 USD Million [+]
Current Account 17497.70 -116.20 17497.70 -11694.60 USD Million [+]
Current Account to GDP -0.20 -1.90 3.40 -6.10 percent [+]
Imports 36901.45 35287.67 44290.89 647.02 USD Million [+]
Exports 43163.41 38320.17 43163.41 1225.59 USD Million [+]
External Debt 451349.70 446898.10 463847.50 0.70 USD Million [+]
Terms of Trade 48.60 47.77 106.34 42.38 points [+]
Foreign Direct Investment 2436.70 7092.60 21009.30 -63.90 USD Million [+]
Remittances 10674.57 9891.95 10674.57 158.70 USD Million [+]
Tourism Revenues 611571.87 509178.78 2522955.40 131281.53 USD Thousand [+]
Tourist Arrivals 984.90 828.02 2715.18 56.59 Thousand [+]
Gold Reserves 119.94 120.01 125.34 2.54 Tonnes [+]
Crude Oil Production 1699.00 1690.00 3547.00 1647.00 BBL/D/1K [+]
Non Oil Exports 41185.10 36790.94 41185.10 313.90 USD Million [+]
Oil Exports 1978.31 1529.22 5931.86 403.90 USD Million [+]
Terrorism Index 4.32 4.08 4.51 1.35 [+]
Capital Flows -7.10 -5.00 12079.70 -3457.70 USD Million [+]
Auto Exports 275.08 287.70 323.63 9.50 Thousand Units [+]


Mexico Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.