Services balance (credit less debit), Net (credits less debits) in Mexico

Mexico: Services balance (credit less debit), Net (credits less debits) was -9.05 billion in 2024. ▼ Falling

Latest (2024)
-9.05 billion
Change on year
up 53.8%
World rank
179th
of 197 countries
All-time high
-6.90 billion
in 2005
All-time low
-19.59 billion
in 2023
Years of data
20
2005–2024

Services balance (credit less debit), Net (credits less debits) in Mexico, 2005–2024

-20.0B-15.0B-10.0B-5.0B2005201420242005: -6.9B2006: -7.7B2007: -8.4B2008: -9.3B2009: -9.9B2010: -10.7B2011: -14.8B2012: -14.9B2013: -15.0B2014: -13.8B2015: -11.2B2016: -10.6B2017: -11.7B2018: -13.8B2019: -9.4B2020: -12.4B2021: -12.4B2022: -15.5B2023: -19.6B2024: -9.1B

Source: International Monetary Fund.

Analysis

In 2024, services balance (credit less debit), net (credits less debits) in Mexico stood at -9.05 billion.

That represents a change of up 53.8% on the previous year and up 34.3% over ten years.

Over the whole period, services balance (credit less debit), net (credits less debits) in Mexico peaked at -6.90 billion in 2005 and was at its lowest, -19.59 billion, in 2023.

Mexico ranks 179th of 197 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s -8.42 billion -9.89 billion -6.90 billion 5
2010s -12.58 billion -15.00 billion -9.43 billion 10
2020s -13.79 billion -19.59 billion -9.05 billion 5

Countries ranked near Mexico

  1. 176 Norway -7.93 billion compare
  2. 177 Venezuela, Bolivarian Republic of -8.19 billion compare
  3. 178 Angola -8.36 billion compare
  4. 180 Chile -9.15 billion compare
  5. 181 Libya -9.41 billion compare
  6. 182 Sweden -10.49 billion compare

See the full ranking of 206 places →

More financial sector data for Mexico

All data for Mexico →

Frequently asked questions

What is services balance (credit less debit), net (credits less debits) in Mexico?
Services balance (credit less debit), net (credits less debits) in Mexico was -9.05 billion in 2024, according to International Monetary Fund.
What is the highest services balance (credit less debit), net (credits less debits) recorded in Mexico?
The highest recorded value was -6.90 billion in 2005.
What is the lowest services balance (credit less debit), net (credits less debits) recorded in Mexico?
The lowest recorded value was -19.59 billion in 2023.
How does Mexico rank for services balance (credit less debit), net (credits less debits)?
Mexico ranks 179th out of 197 countries with data for 2024.
Is services balance (credit less debit), net (credits less debits) rising or falling in Mexico?
Over the last ten years it is up 34.3%. The long-run trend across the full record is falling.
Where does this Mexico data come from?
The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.

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Services balance (credit less debit), Net (credits less debits) in Mexico. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://financial-sector.statizoid.com/stat/services-balance-credit-less-debit-net-credits-less-debits-us-dollar/mexico/

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About this data

Indicator
Services balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

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.