Mexico current account

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Mexico current account: -12582.15 (-206.47%)
Last Update: March 31, 2024

Mexico current account closed down -12582.15 as of March 31, 2024 from 11817.41 from the previous month and -8995.8 from last year.


Mexico current account Analytics & Data




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Mexico current account

DateValues
2024-03-31 -12582.15
2023-12-31 11817.41
2023-09-30 908
2023-06-30 3495.97
2023-03-31 -19986.26
2022-12-31 2582.85
2022-09-30 -6400
2022-06-30 -1637
2022-03-31 -12068
2021-12-31 2815.7
2021-09-30 -4323.6
2021-06-30 5871
2021-03-31 -8995.8
2020-12-31 17229.4
2020-09-30 17077.2
2020-06-30 4.8
2020-03-31 -2296.7
2019-12-31 3192.5
2019-09-30 -451.2
2019-06-30 4384.8
2019-03-31 -11476.7
2018-12-31 -3639.6
2018-09-30 -6598.4
2018-06-30 -3872.7

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Mexico current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountmx.currentaccount-12582.1511817.4-20640DownDown702024-03-31

Mexico current account Factors

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Mexico current account Historical Data

The MacroVar database offers free access to historical data for the Mexico current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Mexico current account

The current account of Mexico refers to the balance of trade in goods and services, as well as income and transfers, between Mexico and other countries. A positive current account balance indicates that Mexico is exporting more goods and services than it is importing, leading to a surplus. On the other hand, a negative balance indicates that Mexico is importing more than it is exporting, resulting in a deficit. This balance is an important indicator of a country's economic health, as a consistently negative balance can lead to a decrease in foreign exchange reserves and potentially impact the value of the country's currency. In recent years, Mexico has experienced a mixed current account balance, with fluctuations driven by factors such as changes in global demand for Mexican goods and services, foreign exchange rates, and economic policies.

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