Current account balance (credit less debit), Net (credits less) in Mexico
Mexico: Current account balance (credit less debit), Net (credits less) was -16.74 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Mexico, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Mexico stood at -16.74 billion.
The figure is down 32.9% on the previous year and up 32.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Mexico peaked at 26.87 billion in 2020 and was at its lowest, -31.78 billion, in 2013.
That places Mexico 189th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -5.72 billion | — |
| 2006 | -3.23 billion | -43.6% |
| 2007 | -9.31 billion | +188.3% |
| 2008 | -16.34 billion | +75.5% |
| 2009 | -7.08 billion | -56.6% |
| 2010 | -3.75 billion | -47.0% |
| 2011 | -10.54 billion | +180.9% |
| 2012 | -17.70 billion | +67.8% |
| 2013 | -31.78 billion | +79.6% |
| 2014 | -24.85 billion | -21.8% |
| 2015 | -31.54 billion | +26.9% |
| 2016 | -25.28 billion | -19.8% |
| 2017 | -21.40 billion | -15.3% |
| 2018 | -25.93 billion | +21.2% |
| 2019 | -3.87 billion | -85.1% |
| 2020 | 26.87 billion | -794.1% |
| 2021 | -4.56 billion | -117.0% |
| 2022 | -18.92 billion | +314.7% |
| 2023 | -12.60 billion | -33.4% |
| 2024 | -16.74 billion | +32.9% |
Mexico compared with similar countries
- Mexico's -16.74 billion is below the median for upper middle income countries, which is -494.28 million, 33.9× the median. (54 countries reporting)
- Mexico's -16.74 billion is below the median for Latin America & Caribbean, which is -169.22 million, 98.9× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +794.1% | -3.87 billion | 26.87 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.34 billion | -16.34 billion | -3.23 billion | 5 |
| 2010s | -19.66 billion | -31.78 billion | -3.75 billion | 10 |
| 2020s | -5.19 billion | -18.92 billion | 26.87 billion | 5 |
Countries ranked near Mexico
More financial sector data for Mexico
- Reserve position in the IMF, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 24.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.95 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 18.13 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 24.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.95 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Mexico?
- Current account balance (credit less debit), net (credits less debits) in Mexico was -16.74 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Mexico?
- The highest recorded value was 26.87 billion in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Mexico?
- The lowest recorded value was -31.78 billion in 2013.
- How does Mexico rank for current account balance (credit less debit), net (credits less debits)?
- Mexico ranks 189th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Mexico?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.