FX.co ★ Mexico Swings to Current Account Surplus in Q2 2026 After Deep Deficit

Mexico’s external position strengthened markedly in the second quarter of 2026, as the country’s current account balance moved into surplus after registering a steep deficit at the start of the year.

According to data updated on 25 August 2026, Mexico’s current account swung from a deficit of -15,878 million USD in the first quarter of 2026 to a surplus of 8,927 million USD in the second quarter. The shift represents a sharp improvement in the country’s balance of transactions with the rest of the world over just one quarter.

This turnaround in the current account suggests a more favorable mix of trade, income, and transfer flows in Q2 2026 compared with the beginning of the year. While the latest figures do not detail the specific components behind the move, the headline improvement signals a stronger external backdrop for Mexico midway through 2026.