Mexico’s current account balance shifted to a surplus of $8.93 billion in the second quarter, reversing a revised deficit of $18.23 billion in the prior three months, the central bank reported on Tuesday.
The surplus equaled 1.65% of gross domestic product, according to data published by Banco de México. The improvement followed a sharp adjustment from the first quarter, when the current account posted a deficit after earlier estimates had pointed to a smaller shortfall.
The central bank’s figures reflect a rebound in net inflows, driven by stronger remittances, export earnings and services receipts. The data underscores Mexico’s external sector resilience amid shifting global trade dynamics and domestic policy adjustments.
