In the second quarter, Mexico ran up a current account surplus of $5.143 billion, the biggest since current records began in 1980, and equivalent to 1.6% percent of gross domestic product (GDP), central bank figures showed. MEXICO – Wide current account surplus in 2020 febrero 25, 2021 Trade balance was supported by a strong recovery in external demand, poor internal demand and a weak currency. MEXICO CITY, Aug 25 (Reuters) - The Bank of Mexico, the nation's central bank, reported on Tuesday a second-quarter current account surplus of $5 million, equivalent to 0.0% of gross domestic product. MEXICO CITY (Reuters) - Mexico registered an annual current account surplus for the first time in at least 1 1/2 decades in 2020 as imports declined more sharply than exports during the coronavirus pandemic, central bank said showed on Thursday. Bank of México data released on Friday shows that Mexico ran up a current account surplus of US $5.143 billion between April and June, the biggest since comparable records were first kept in 1980. The second quarter surplus was the first since the April-June period of 2010, the central bank data showed. In contrast to the current account deficit of USD 4,238 million posted in 2019, this indicator showed a surplus of USD 26,571 million in 2020 as the trade balance on non-oil … Mexico has this year become the top trading partner of the United States thanks to Trump's protracted feud with Beijing. Current account balance (% of GDP) International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates. The current account surplus in Latin America's second-biggest economy was US$26.6 billion last year, after a deficit of US$4.2 billion during 2019, the bank said. Mexico registered an annual current account surplus for the first time in at least 1 1/2 decades in 2020 as imports declined more sharply than exports during the … The Bank of Mexico, the nation's central bank, reported on Wednesday a record-setting third-quarter current account surplus of $17.498 billion, equivalent to 6.9% of gross domestic product. Mexico registered an annual current account surplus for the first time in at least 1 1/2 decades in 2020 as imports declined more sharply than exports during the coronavirus pandemic, central bank said showed on Thursday. The current account balance improved sharply in 2020. Mexico posted a current account deficit of $21.996 billion for all of 2018. License : CC BY-4.0

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