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Mexico Posts Q3 Current-Account Surplus of $2.33 Billion, Banxico Reports

Easier global financial conditions encouraged fresh capital inflows.

Overview

  • The surplus equaled 0.5% of GDP, reversing a 0.5% deficit in the same quarter of 2024.
  • Banxico credited stronger non‑oil merchandise trade and a narrower primary‑income gap, partly offset by a smaller secondary‑income surplus and wider services and oil‑goods deficits.
  • Goods and services still posted a combined $8.88 billion shortfall, with a $4.28 billion goods deficit and a $4.59 billion services gap.
  • The financial account registered a $942 million surplus, while the capital account showed a $22 million deficit.
  • The result contrasts with a $1.79 billion current‑account deficit in Q2 2025 and a $2.04 billion deficit in Q3 2024.