Mexico’s current account posted a deficit of $15.88 billion in the first quarter of 2026, widening from a $13.34 billion gap in the same period of 2025 and missing forecasts of a $9.38 billion deficit. The January–March deficit reflected a $2.41 billion shortfall in the goods and services balance and a $28.06 billion deficit in the primary income balance, partly offset by a $14.59 billion surplus in the secondary income balance. Compared with a year earlier, Mexico recorded wider deficits in the petroleum trade balance, services balance, and primary income balance. Meanwhile, larger surpluses in the non-petroleum trade balance and secondary income balance helped cushion the deterioration. As a share of GDP, the current account deficit stood at 3.1% in Q1 2026, broadly stable from the 3.2% deficit recorded a year earlier. source: Banco de México

Mexico recorded a Current Account deficit of 15877.57 USD Million in the first quarter of 2026. Current Account in Mexico averaged -1768.16 USD Million from 1950 until 2026, reaching an all time high of 17332.94 USD Million in the fourth quarter of 2020 and a record low of -24267.76 USD Million in the first quarter of 2024. 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 June of 2026.

Mexico recorded a Current Account deficit of 15877.57 USD Million in the first quarter of 2026. Current Account in Mexico is expected to be -2500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Current Account is projected to trend around 300.00 USD Million in 2027 and 8000.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-25 03:00 PM
Current Account
Q4 $7702M $1556M $11520M $11400.0M
2026-05-25 03:00 PM
Current Account
Q1 $-15878M $7735M $-9379M $-10000.0M
2026-08-25 03:00 PM
Current Account
Q2 $-15878M $ -2500M


Related Last Previous Unit Reference
Capital Flows 4.48 -10.18 USD Million Mar 2026
Current Account -15877.57 7735.02 USD Million Mar 2026
Current Account to GDP -0.40 -0.90 percent of GDP Dec 2025
External Debt 645710.70 657683.90 USD Million Dec 2025
Foreign Direct Investment 21543.90 -7559.40 USD Million Mar 2026
Non Oil Exports 69994.83 69020.98 USD Million Apr 2026
Oil Exports 2047.00 1707.04 USD Million Apr 2026
Remittances 14456.54 16067.05 USD Million Mar 2026
Terms of Trade 50.99 50.72 points Mar 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
-15877.57 7735.02 17332.94 -24267.76 1950 - 2026 USD Million Quarterly
Current Prices, NSA

News Stream
Mexico Current Account Deficit Widens in Q1 2026
Mexico’s current account posted a deficit of $15.88 billion in the first quarter of 2026, widening from a $13.34 billion gap in the same period of 2025 and missing forecasts of a $9.38 billion deficit. The January–March deficit reflected a $2.41 billion shortfall in the goods and services balance and a $28.06 billion deficit in the primary income balance, partly offset by a $14.59 billion surplus in the secondary income balance. Compared with a year earlier, Mexico recorded wider deficits in the petroleum trade balance, services balance, and primary income balance. Meanwhile, larger surpluses in the non-petroleum trade balance and secondary income balance helped cushion the deterioration. As a share of GDP, the current account deficit stood at 3.1% in Q1 2026, broadly stable from the 3.2% deficit recorded a year earlier.
2026-05-25
Mexico’s Q4 Current Account Surplus Narrows
Mexico recorded a Q4 2025 current account surplus of $7.7 billion, down from $10.8 billion a year earlier. The goods trade surplus widened to $183.4 billion (from $162.1 billion), while the services surplus rose to $20.2 billion (from $18.6 billion). Primary income climbed to $11.9 billion (from $10.2 billion), and secondary income edged up slightly to $0.331 billion (from $0.327 billion).
2026-02-25
Mexico Swings to Current Account Surplus in Q3
Mexico posted a current account surplus of USD 2.32 billion in Q3 2025, reversing a USD 2.04 billion deficit a year earlier. The secondary income balance registered a USD 16.11 billion surplus, supported by USD 16.41 billion in credits. The primary income account showed a USD 4.91 billion deficit. Meanwhile, the goods and services balance posted an USD 8.87 billion deficit, with a USD 4.28 billion shortfall in goods and USD 4.59 billion in services.
2025-11-25