FX.co ★ Mexico's Current Account Surplus Shrinks as GDP Growth Adjusts in Q1 2025

The Mexican economy experienced a notable narrowing in its current account surplus in the first quarter of 2025, according to the latest data updated on May 23, 2025. The current account as a percentage of GDP decreased from 2.90% in the fourth quarter of 2024 to 1.80% in the first quarter of 2025, reflecting a significant shift in the country’s economic balance.

This contraction suggests that the pace of Mexico's GDP growth has either outpaced net foreign income or that there have been increased capital imports. It marks an important transition as Mexico adapts to changes in global economic conditions and adjusts its economic strategies accordingly. Analysts are closely monitoring these developments, as the balance of payments is a critical indicator of a country’s economic health, influencing foreign exchange rates and impacting trade dynamics.

The adjustment aligns with recent global economic trends and challenges, pushing Mexico to reassess its economic priorities and policies in response to these evolving conditions. As Mexico navigates through these changes, maintaining fiscal discipline and strategically managing its foreign trade will be crucial to sustaining its economic momentum. Investors and policymakers alike will be attentive to how this situation unfolds in subsequent quarters, given its implications for economic growth and stability.