External balance on goods and services as a percent of GDP in Mexico
Mexico: External balance on goods and services as a percent of GDP was -0.6% in 2025. ◆ Volatile
Latest (2025)
-0.6%
Change on year
up 26.2%
World rank
84th
of 191 countries
All-time high
9.1%
in 1983
All-time low
-5.0%
in 1992
Years of data
66
1960–2025
External balance on goods and services as a percent of GDP in Mexico, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services as a percent of gdp in Mexico stood at -0.6%.
Compared with earlier readings it is up 26.2% on the previous year and up 69.7% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Mexico peaked at 9.1% in 1983 and was at its lowest, -5.0%, in 1992.
Mexico ranks 84th 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.
External balance on goods and services as a percent of GDP in Mexico, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -3.2% | — |
| 1961 | -2.2% | -30.3% |
| 1962 | -1.5% | -30.1% |
| 1963 | -1.6% | +6.1% |
| 1964 | -2.2% | +35.9% |
| 1965 | -1.9% | -14.9% |
| 1966 | -1.5% | -18.3% |
| 1967 | -2.1% | +38.8% |
| 1968 | -2.3% | +8.1% |
| 1969 | -1.7% | -25.5% |
| 1970 | -1.9% | +10.4% |
| 1971 | -1.1% | -43.3% |
| 1972 | -0.8% | -28.7% |
| 1973 | -1.1% | +36.8% |
| 1974 | -2.2% | +105.5% |
| 1975 | -2.7% | +26.0% |
| 1976 | -1.4% | -49.5% |
| 1977 | 0.1% | -107.0% |
| 1978 | -0.6% | -687.0% |
| 1979 | -1.3% | +121.8% |
| 1980 | -2.1% | +70.3% |
| 1981 | -2.4% | +11.4% |
| 1982 | 4.7% | -297.1% |
| 1983 | 9.1% | +93.5% |
| 1984 | 7.5% | -18.3% |
| 1985 | 4.8% | -35.7% |
| 1986 | 3.8% | -21.7% |
| 1987 | 5.8% | +54.6% |
| 1988 | 1.4% | -75.9% |
| 1989 | -0.1% | -104.7% |
| 1990 | -1.1% | +1602.3% |
| 1991 | -2.9% | +162.9% |
| 1992 | -5.0% | +72.6% |
| 1993 | -3.0% | -41.0% |
| 1994 | -3.6% | +22.8% |
| 1995 | 2.1% | -156.6% |
| 1996 | 1.7% | -18.8% |
| 1997 | 0.0% | -98.9% |
| 1998 | -1.6% | -8343.4% |
| 1999 | -1.2% | -25.8% |
| 2000 | -1.4% | +22.9% |
| 2001 | -1.7% | +14.5% |
| 2002 | -1.5% | -9.1% |
| 2003 | -1.4% | -7.8% |
| 2004 | -1.8% | +32.0% |
| 2005 | -1.6% | -13.4% |
| 2006 | -1.4% | -13.6% |
| 2007 | -1.7% | +23.6% |
| 2008 | -2.3% | +37.1% |
| 2009 | -1.6% | -32.7% |
| 2010 | -1.2% | -20.9% |
| 2011 | -1.3% | +3.1% |
| 2012 | -1.2% | -7.6% |
| 2013 | -1.2% | +0.1% |
| 2014 | -1.2% | -0.6% |
| 2015 | -2.1% | +78.0% |
| 2016 | -2.1% | -1.4% |
| 2017 | -1.9% | -6.6% |
| 2018 | -2.1% | +10.4% |
| 2019 | -0.4% | -81.0% |
| 2020 | 1.6% | -501.4% |
| 2021 | -1.9% | -219.5% |
| 2022 | -2.9% | +51.9% |
| 2023 | -1.4% | -50.8% |
| 2024 | -0.9% | -40.5% |
| 2025 | -0.6% | -26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.0% | -3.2% | -1.5% | 10 |
| 1970s | -1.3% | -2.7% | 0.1% | 10 |
| 1980s | 3.2% | -2.4% | 9.1% | 10 |
| 1990s | -1.5% | -5.0% | 2.1% | 10 |
| 2000s | -1.6% | -2.3% | -1.4% | 10 |
| 2010s | -1.5% | -2.1% | -0.4% | 10 |
| 2020s | -1.0% | -2.9% | 1.6% | 6 |
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)
- Total reserves minus gold (current US$), annual growth rate 7.82 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,814 current US$ per person (2025)
- General government final consumption expenditure (current US$) 1.57 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1179 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,638 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.74 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 2.27 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Mexico?
- External balance on goods and services as a percent of gdp in Mexico was -0.6% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Mexico?
- The highest recorded value was 9.1% in 1983.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Mexico?
- The lowest recorded value was -5.0% in 1992.
- How does Mexico rank for external balance on goods and services as a percent of gdp?
- Mexico ranks 84th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Mexico?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.