Mexico's current account deficit increased to USD 5.08 billion in the third quarter of 2018 from an upwardly revised USD 4.97 billion in the same quarter of the previous year. Figures came worse than estimates of a USD 4.40 billion shortfall, as the primary income gap went up to USD 4.82 billion from USD 3.45 billion in the third quarter of 2017. Meanwhile, the goods deficit shrank to USD 5.72 billion from USD 6.08 billion and the services gap also decreased to USD 2.78 billion from USD 2.97 billion. In addition, the secondary income surplus widened to USD 8.24 billion from USD 7.53 billion in the same quarter of the previous year. Current Account in Mexico averaged -2075.74 USD Million from 1960 until 2018, reaching an all time high of 2173.70 USD Million in the first quarter of 1984 and a record low of -10376.90 USD Million in the first quarter of 2017.

Current Account in Mexico is expected to be -2300.00 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 -4600.00 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
2018-02-23 03:00 PM Current Account $-3207M $-5173M $-2M $ -3300M
2018-05-25 02:00 PM Current Account $-6941M $-2872M $-5515M $ -1800M
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
2019-02-22 03:00 PM Current Account -2300
2019-05-24 02:00 PM Current Account -4800
2019-08-23 02:00 PM Current Account -3400


Mexico Trade Last Previous Highest Lowest Unit
Balance of Trade -2936.00 -194.00 1713.32 -4419.83 USD Million [+]
Exports 41352.22 37805.51 41352.22 1225.59 USD Million [+]
Imports 44288.19 37999.42 44288.19 647.02 USD Million [+]
Current Account -5081.50 -3074.50 2173.70 -10376.90 USD Million [+]
Current Account to GDP -1.60 -2.10 3.40 -6.10 percent [+]
External Debt 445610.20 453548.00 453548.00 0.70 USD Million [+]
Terms of Trade 50.04 49.25 106.34 43.37 Index Points [+]
Foreign Direct Investment 4135.00 8729.60 21154.60 -63.90 USD Million [+]
Remittances 8432.03 9057.60 9057.60 158.70 USD Million [+]
Tourism Revenues 1945771.78 1873371.79 2362556.54 158919.00 USD Thousand [+]
Tourist Arrivals 1569.15 1300.69 2682.33 56.59 Thousand [+]
Gold Reserves 120.30 120.10 125.35 2.55 Tonnes [+]
Crude Oil Production 1842.00 1865.00 3547.00 1761.00 BBL/D/1K [+]
Terrorism Index 3.29 3.72 4.51 1.35 [+]
Capital Flows -17.50 -10.90 12079.70 -3457.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5081.50 -3074.50 2173.70 -10376.90 1960 - 2018 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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