Mexico’s external position strengthened in early 2026, with the country’s current account surplus rising to 1.60% of GDP in the first quarter of 2026, up sharply from 0.30% in the fourth quarter of 2025.
The latest figure, updated on 27 February 2026, marks a notable improvement in Mexico’s balance with the rest of the world over a relatively short period. The move from a modest surplus at the end of 2025 to a significantly higher one in the first quarter of 2026 suggests firmer underlying support from trade and income flows relative to the size of the economy.
While the data do not detail the drivers of the shift, the larger surplus as a share of GDP may be interpreted by investors as a sign of increased external resilience, potentially affecting perceptions of country risk, currency dynamics and the broader macroeconomic outlook for Mexico in 2026.