Current account balance as a proportion of GDP in Mexico
Mexico: Current account balance as a proportion of GDP was -0.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Mexico, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Mexico is -0.9%, measured in 2024.
Compared with earlier readings it is down 28.8% on the previous year and up 50.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Mexico peaked at 2.4% in 2020 and was at its lowest, -2.6%, in 2015.
That places Mexico 87th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -2.5% | — |
| 2001 | -2.2% | -11.8% |
| 2002 | -1.5% | -31.4% |
| 2003 | -0.5% | -65.6% |
| 2004 | -0.5% | -11.8% |
| 2005 | -0.6% | +34.2% |
| 2006 | -0.3% | -49.2% |
| 2007 | -0.8% | +166.8% |
| 2008 | -1.4% | +66.6% |
| 2009 | -0.8% | -46.6% |
| 2010 | -0.3% | -54.8% |
| 2011 | -0.9% | +152.6% |
| 2012 | -1.4% | +64.3% |
| 2013 | -2.4% | +69.8% |
| 2014 | -1.8% | -23.9% |
| 2015 | -2.6% | +42.7% |
| 2016 | -2.3% | -12.5% |
| 2017 | -1.8% | -20.9% |
| 2018 | -2.1% | +14.8% |
| 2019 | -0.3% | -85.6% |
| 2020 | 2.4% | -907.5% |
| 2021 | -0.3% | -114.5% |
| 2022 | -1.3% | +272.2% |
| 2023 | -0.7% | -45.7% |
| 2024 | -0.9% | +28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.1% | -2.5% | -0.3% | 10 |
| 2010s | -1.6% | -2.6% | -0.3% | 10 |
| 2020s | -0.2% | -1.3% | 2.4% | 5 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.1 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3317 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,607 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 26.16 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 22.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.62 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.7472 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 10,378 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Mexico?
- Current account balance as a proportion of gdp in Mexico was -0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Mexico?
- The highest recorded value was 2.4% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Mexico?
- The lowest recorded value was -2.6% in 2015.
- How does Mexico rank for current account balance as a proportion of gdp?
- Mexico ranks 87th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Mexico?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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