Mexico recorded a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Mexico averaged -1.60 percent of GDP from 1980 until 2024, reaching an all time high of 3.40 percent of GDP in 1983 and a record low of -6.10 percent of GDP in 1992. source: Banco de México
Current Account to GDP in Mexico is expected to reach -0.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Current Account to GDP is projected to trend around -0.40 percent of GDP in 2027, according to our econometric models.