Mexico Current Account  1960-2017 | Data | Chart | Calendar | Forecast

Mexico's current account deficit shrank markedly to USD 0.32 billion in the second quarter of 2017 from a revised USD 6.12 billion shortfall in the same quarter of the previous year and well below market expectations of a USD 4.07 billion gap. It is the smallest current account deficit since the third quarter of 2010 as the goods deficit decreased to USD 0.13 billion from USD 3.05 billion and the primary income gap narrowed to USD 5.14 billion from USD 7.96 billion. Also, the secondary income surplus rose to USD 7.19 billion from USD 6.85 billion a year ago, as workers' remittances went up to USD 7.31 billion from USD 6.96 billion. In contrast, the services gap increased to USD 2.24 billion from USD 1.96 billion in the second quarter of 2016. Current Account in Mexico averaged -1975.87 USD Million from 1960 until 2017, reaching an all time high of 2173.80 USD Million in the first quarter of 1984 and a record low of -8834.10 USD Million in the second quarter of 2013.

Mexico Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-02-24 03:00 PM Current Account $-3363M $-7643M $-4820M $-8143B
2017-05-25 02:00 PM Current Account $-6859M $-2418M $-6916M $ -4004.7M
2017-08-25 02:00 PM Current Account $-321M $-8398M $-4070M $ -7106.7M
2017-11-24 03:00 PM Current Account $-321M $ -6105M


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade -2732.00 -1523.00 1710.25 -3470.98 USD Million [+]
Exports 35778.30 32162.51 36879.05 1225.59 USD Million [+]
Imports 38510.70 33685.11 38510.70 647.02 USD Million [+]
Current Account -321.10 -8397.90 2173.80 -8834.10 USD Million [+]
Current Account to GDP -2.70 -2.80 3.40 -6.10 percent [+]
External Debt 439366.20 431408.60 439366.20 0.70 MXN Billion [+]
Terms of Trade 48.55 48.01 106.34 43.46 Index Points [+]
Foreign Direct Investment 5621.30 10023.90 20839.60 -63.90 USD Million [+]
Remittances 7305.90 6640.20 7305.90 158.70 USD Million [+]
Tourism Revenues 1590592.25 2012033.53 2124964.35 158919.00 USD Thousand [+]
Tourist Arrivals 1656.13 2161.57 2496.24 56.59 Thousand [+]
Gold Reserves 120.10 120.10 125.35 2.55 Tonnes [+]
Crude Oil Production 2035.00 2053.00 3547.00 1977.00 BBL/D/1K [+]
Terrorism Index 3.72 3.99 4.51 1.35 [+]
Capital Flows -10.30 9.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-321.10 -8397.90 2173.80 -8834.10 1960 - 2017 USD Million Quarterly
Current Prices, NSA




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -302.50 Aug/17
Canada -16319.00 Jun/17
China 508.87 Jun/17
Euro Area 32.50 Jul/17
France -1468.00 Aug/17
Germany 17800.00 Aug/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2380.40 Aug/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 6061.10 Aug/17
Spain 2977.00 Jul/17
Switzerland 18748.00 Jun/17
Turkey -1237.00 Aug/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17