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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
MexicoMexico Current account balance (% of GDP) held to -0.3 Percentage of GDP in January 2023
World BankYearlyReleased January 2023
Mexico Current account balance (% of GDP) held to -0.3 Percentage of GDP in January 2023.
Latest Release
-0.30
Latest (2023)
-0.30
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/MXN | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| WTI Crude | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account Balance (% of GDP) (Mexico) was reported at -0.45 Percent in December 2025. The reading rose from the previous value of -0.91 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged -0.69 Percent, down from the prior three at 0.25 Percent. In December readings over the past 3 years, Current Account Balance (% of GDP) has averaged -0.69 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/MXN (Bullish MXN). A secondary relationship exists with WTI Crude, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include GDP Growth Rate QoQ (Jul 30) and Gross Domestic Product QoQ (Jul 30).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Current account balance (% of GDP) - MX
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About Current account balance (% of GDP) — Mexico
DEFINITION
Mexico's Current Account Balance (% of GDP) improved to -0.447421 in December 2025, up from -0.912092 in December 2024, signaling a narrowing deficit. The data shows a significant reduction in the current account shortfall compared to the previous year. Market participants will monitor this trend as it may influence Mexico's external financing conditions and policy outlook. Updated 7/1/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/MXN (Bullish MXN, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - MX Events
| Monday, July 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:00 | MX | Balance of Trade | 4.09 | 2.259 | 2.28 | 4.04 | Medium |
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:00 | MX | GDP Growth Rate QoQ | -0.6 | 1.3 | 1.30 | Medium | |