The current account balance as a share of the GDP in Mexico was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The share is estimated to amount to -0.96 percent in 2029. This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Current account balance as a share of the GDP of Mexico from 2007 to 2029 [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/
IMF. "Current account balance as a share of the GDP of Mexico from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/
IMF. (2024). Current account balance as a share of the GDP of Mexico from 2007 to 2029. Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/
IMF. "Current Account Balance as a Share of The Gdp of Mexico from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/
IMF, Current account balance as a share of the GDP of Mexico from 2007 to 2029 Statista, https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/ (last visited December 25, 2024)
Current account balance as a share of the GDP of Mexico from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392252/current-account-balance-as-a-share-of-the-gdp-mexico/