Mexico current account to gdp

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Mexico current account to gdp: -1.5 (25%)
Last Update: December 31, 2023

Mexico current account to gdp closed down -1.5 as of December 31, 2023 from -1.2 from the previous month and -1.5 from last year.


Mexico current account to gdp Analytics & Data




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Mexico current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Mexico current account to gdp

DateValues
2023-12-31 -1.5
2022-12-31 -1.2
2021-12-31 -0.6
2020-12-31 2.4
2019-12-31 -0.2
2019-05-29 -1.8
2018-12-31 -1.9
2017-12-31 -1.7
2016-12-31 -2.1
2015-12-31 -2.5
2014-12-31 -1.8
2013-12-31 -2.4
2012-12-31 -1.5
2011-12-31 -1
2010-12-31 -0.5
2009-12-31 -0.8
2008-12-31 -1.5
2007-12-31 -0.9
2006-12-31 -0.3
2005-12-31 -1.1
2004-12-31 -0.9
2003-12-31 -1.1
2002-12-31 -2
2001-12-31 -2.4

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Mexico current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpmx.currentaccountgdp-1.5-1.2250DownDown02023-12-31

Mexico current account to gdp Factors

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Mexico current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Mexico current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Mexico current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Mexico current account to gdp

Mexico's current account to GDP ratio measures the country's trade balance in relation to its overall economic output. A positive current account indicates that the value of exports exceeds the value of imports, while a negative current account suggests the opposite. In recent years, Mexico has struggled to maintain a positive current account, largely due to a decrease in oil revenues and growing trade deficits. This has put pressure on the country's currency and overall economic stability. Efforts to diversify exports and attract foreign investment are being made to improve Mexico's current account position and support sustainable economic growth.