Mexico | Low economic growth impacts the current account during the first half of the year

Summary

Having stood at USD 20.1 billion in 2017, the current account deficit increased to USD 22.0 billion in 2018.

Key points

• Key points:
• Significant year-on-year fall in net foreign direct investment in January–June 2019
• Current account deficit fell considerably during the first half of 2019 in comparison with the same period of the previous year. This was mainly due to the bigger surplus in the non-oil goods balance

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