Mexico’s current account switched to a USD 6286 million surplus in the second quarter of 2021 from a USD 757 million deficit in the same period of 2020 and exceeded the market expectations of a USD 400 million surplus. The goods account recorded a USD 2631 million surplus, swinging from a USD 1165 million gap a year earlier and the secondary income surplus widened to USD 12857 million from USD 9806 million. Also, the services gas narrowed to USD 2819 million from USD 3941 million while the primary income shortfall rose to USD 6383 million from USD 5457 million. source: Banco de México
Current Account in Mexico averaged -1667.05 USD Million from 1950 until 2021, reaching an all time high of 17209.40 USD Million in the fourth quarter of 2020 and a record low of -11691.80 USD Million in the first quarter of 2017. 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 September of 2021.
Current Account in Mexico is expected to be 7000.00 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 2000.00 USD Million in 2022 and 500.00 USD Million in 2023, according to our econometric models.