Mexico’s gained 220 points or 0.6% to 38,250 on Tuesday, as the prospects of a COVID treatment and vaccine lifted sentiment. On the domestic side, coronavirus cases in Mexico fell for the third week, as 38 thousand cases were registered in the last 7 days compared to a maximum of 48 thousand three weeks ago. On the macro side, Mexico’s current account balance shifted to a USD 4.8 million surplus in Q2 from a USD 4385 million deficit in the same period of the previous year, beating market expectations of a USD 1900 million gap. source: Banco de México
Current Account in Mexico averaged -1797.43 USD Million from 1950 until 2020, reaching an all time high of 4384.80 USD Million in the second quarter of 2019 and a record low of -11706.80 USD Million in the first quarter of 2017. This page provides - Mexico Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Current Account in Mexico is expected to be 500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Mexico to stand at -2800.00 in 12 months time. In the long-term, the Mexico Current Account is projected to trend around -4500.00 USD Million in 2021 and -4900.00 USD Million in 2022, according to our econometric models.