LatinNews Regional Monitor: Mexico - 28 February 2020

MEXICO | Current account deficit narrows as economy slumps. Mexico registered a current account deficit of just US$2.44bn in 2019, down 89% on the US$23.00bn deficit in 2018, according to figures released by the Banco de México (Banxico) on 25 February. The 2019 current account deficit equates to 0.2% of GDP, the lowest figure as a percentage of GDP recorded in Mexico since 1987.

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