Mexico’s current account gap shrank to USD 5.63 billion in the first quarter of 2019 from USD 9.80 billion in the corresponding period of the previous year. The services deficit narrowed sharply to USD 0.19 billion from USD 1.63 billion in the three months to March of 2018; the primary income shortfall fell to USD 11.08 billion from USD 13.41 billion and the secondary income surplus widened to USD 7.49 billion from USD 7.01 billion. On the other hand, the goods gap went up to USD 1.86 billion from USD 1.77 billion a year earlier. Current Account in Mexico averaged -2111.97 USD Million from 1960 until 2019, reaching an all time high of 2173.70 USD Million in the first quarter of 1984 and a record low of -10693.30 USD Million in the first quarter of 2017.

Current Account in Mexico is expected to be -1900.00 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 -8500.00 in 12 months time. In the long-term, the Mexico Current Account is projected to trend around -3700.00 USD Million in 2020, according to our econometric models.

Mexico Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-24 02:00 PM Current Account $-3882M $-8763M $ -8000M
2018-11-23 03:00 PM Current Account $-5081.5M $-3074.5M $-4400M $ -4300M
2019-02-25 03:00 PM Current Account $-3424M $-5703M $-3302M $-3500M
2019-05-24 02:00 PM Current Account $-5634M $-2937M $-9500M
2019-08-23 02:00 PM Current Account $-5634M $-1900M
2019-11-25 03:00 PM Current Account $-5000M


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade 1370.00 1486.00 1836.32 -4810.00 USD Million [+]
Current Account -5634.10 -2937.30 2173.70 -10693.30 USD Million [+]
Current Account to GDP -1.80 -1.70 3.40 -6.10 percent [+]
Imports 38076.87 37531.22 44288.19 647.02 USD Million [+]
Exports 39447.06 39017.10 41356.56 1225.59 USD Million [+]
External Debt 446097.80 451594.30 453548.00 0.70 USD Million [+]
Terms of Trade 49.42 48.29 106.34 43.37 Index Points [+]
Foreign Direct Investment 10162.00 6109.50 20982.80 -63.90 USD Million [+]
Remittances 7699.06 8776.40 9057.60 158.70 USD Million [+]
Tourism Revenues 2098066.11 2522955.40 2522955.40 158919.00 USD Thousand [+]
Tourist Arrivals 1901.49 2359.79 2683.20 56.59 Thousand [+]
Gold Reserves 119.90 120.00 125.35 2.55 Tonnes [+]
Crude Oil Production 1745.00 1647.00 3547.00 1647.00 BBL/D/1K [+]
Terrorism Index 3.53 3.29 4.51 1.35 [+]
Capital Flows -34.60 -12.40 12079.70 -3457.70 USD Million [+]

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Mexico Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Mexico Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Current Account - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5634.10 -2937.30 2173.70 -10693.30 1960 - 2019 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil -62.00 Apr/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 15181.70 Dec/18
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


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