February 26, 2020
Mexico | Economic stagnation in 2019 affects current account and net FDI
Our forecast of 2.0% of GDP for the current account deficit implies that Mexico will enter a phase of economic recovery after a real GDP contraction of 0.1% in 2019. This forecast suggests that the country is not vulnerable to external shocks and that a share of the current account deficit could be financed with net FDI.
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