Current account latest publications
In contrast to the current account deficit recorded in the third quarter of 2019, this indicator showed a surplus of USD 17.498 billion in the third quarter of 2020, mainly due to the much higher positive balance on non-oil goods.
Our forecasts indicate that the current account deficit will stabilize around 1.5% of GDP in the medium term and there will not be a structural problem for its financing.
May 29, 2020
Peru | Measures to contain the spread of COVID-19 significantly affected output in 1Q20
GDP strongly contracted in the first quarter, reflecting the measures implemented since mid-March by the Government in order to contain the spread of the new coronavirus.
The current account deficit fell by USD 10.2 billion in the first quarter of 2020 compared to the same period of the previous year, mainly due to a higher surplus in the trade balance on non-oil goods.
November 25, 2019
Mexico | Economic stagnation affects current account and net foreign direct investment
Our forecast that the current account deficit will be 0.1% of GDP in 2019 suggests that the country is not vulnerable to external shocks and that even such deficit could be comfortably financed with NFDI and remittances.
August 23, 2019
Mexico | Low economic growth impacts the current account during the first half of the year
Having stood at USD 20.1 billion in 2017, the current account deficit increased to USD 22.0 billion in 2018.
Considerable decrease in the current account deficit in the first quarter of 2019 compared to the same period of the previous year, mainly due to lower deficits in primary income and service balances.