Current account balance as a proportion of gdp in Mexico
Mexico: Current account balance as a proportion of gdp was -0.31 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Mexico, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Mexico is -0.31, measured in 2023.
That represents a change of up 74.2% on the previous year and up 87.0% 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.
Mexico ranks 88th of 191 countries on this measure, 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 | -2.53 | — |
| 2001 | -2.23 | -11.9% |
| 2002 | -1.53 | -31.4% |
| 2003 | -0.53 | -65.4% |
| 2004 | -0.46 | -13.2% |
| 2005 | -0.62 | +34.8% |
| 2006 | -0.32 | -48.4% |
| 2007 | -0.84 | +162.5% |
| 2008 | -1.41 | +67.9% |
| 2009 | -0.75 | -46.8% |
| 2010 | -0.34 | -54.7% |
| 2011 | -0.86 | +152.9% |
| 2012 | -1.41 | +64.0% |
| 2013 | -2.39 | +69.5% |
| 2014 | -1.82 | -23.8% |
| 2015 | -2.6 | +42.9% |
| 2016 | -2.27 | -12.7% |
| 2017 | -1.8 | -20.7% |
| 2018 | -2.06 | +14.4% |
| 2019 | -0.3 | -85.4% |
| 2020 | 2.4 | -900.0% |
| 2021 | -0.34 | -114.2% |
| 2022 | -1.2 | +252.9% |
| 2023 | -0.31 | -74.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.12 | -2.53 | -0.32 | 10 |
| 2010s | -1.58 | -2.6 | -0.3 | 10 |
| 2020s | 0.1375 | -1.2 | 2.4 | 4 |
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)
- GDP (current US$), annual growth rate 0.1175 % change on previous year (2025)
- GDP (current US$), per capita 13,889 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.22 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 19.24 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 267,194 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.5618 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7385 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 10,257 constant 2015 US$ 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 -0.31 in 2023, according to Our World in Data.
- 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 88th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Mexico?
- Over the last ten years it is up 87.0%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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