Capital Flows Atlas

Countries · Americas

Mexico

Mexico's manufacturing links with the US draw steady direct investment, and money sent home by workers abroad is one of its largest sources of foreign income.

At a glance

Population, 2025131.9m
GDP, 2025$1.83tn$13,889 per person
Real GDP growth, 2025+0.6%Inflation: 3.8%
Current account, 2025−0.5% of GDP−$9.4bn
Reserves incl. gold, 2025$256.2bn

Net inflows of foreign direct investment were $44.6bn in 2025, against an average of $35.9bn a year in 2015–2024. Investors based in Mexico put a net $13.0bn into direct investment abroad in the same year, less than Mexico received. Foreign investors were net sellers of $4.68bn of shares in Mexico in 2025. Money sent home by workers abroad came to $65.1bn in 2025, equal to 3.6% of GDP. Investors in Mexico held $103.5bn of US Treasury securities at the end of August 2026, +$11.8bn on a year earlier, and $158.6bn of US shares.

Most remittances to Mexico come from workers in the US. Direct investment goes largely into manufacturing for the North American market under the USMCA trade agreement.

Mexico's holdings of US securities

Treasuries, shares and bonds issued in the US and held by investors in Mexico.

US Treasuries held, Aug 2026$103.5bn+$11.8bn on Aug 2025 · rank 22 of 76
US shares held, Aug 2026$158.6bn+$31.9bn on Aug 2025 · rank 27 of 76
All long-term US securities held, Aug 2026$265.6bnCorporate bonds: $15.1bn · agency bonds: $6.70bn
Net purchases, 12 months to Aug 2026+$6.8bn sharesTreasuries: +$14.3bn · corporate bonds: +$4.0bn

Holdings of US securities

End of month, Aug 2025 to Aug 2026, $bn.

Net purchases of long-term US securities

Each month, $bn. Positive means net buying.

The US Treasury records holdings by the country where securities are held in custody, which is not always the owner's country. Why this matters.

Direct and equity investment

Annual net flows, $bn. Direct investment means building or buying businesses; portfolio equity means buying listed shares and fund units.

Net flows by year

Direct investment into and out of Mexico, and foreign buying of its shares, $bn.

Current account and reserves

The balance of trade and income with the rest of the world, and the reserves held by the central bank.

Current account balance

Each year, $bn. A surplus means the country lends to the rest of the world.

Foreign exchange reserves, including gold

End of year, $bn.

Remittances

Money sent home by people working abroad, compared with direct investment, $bn.

Remittances and direct investment

Each year, $bn.

The economy

GDP

Current US dollars, $bn. Dollar figures also move with exchange rates.

Growth and inflation

Real GDP growth and consumer price inflation, per cent.

All figures

Annual figures from the World Bank, as published. Download them for every country on the data page.

Indicator20152016201720182019202020212022202320242025
Population (m)121.07122.25123.40124.57125.76126.80127.65128.61129.74130.86131.95
GDP ($bn)1,213.31,112.21,190.71,256.31,304.11,121.11,316.61,466.91,794.41,830.51,832.6
GDP per person ($)10,0219,0989,64910,08510,3708,84110,31411,40613,83113,98813,889
Real GDP growth (%)2.71.81.92.0−0.4−8.46.03.73.11.40.6
Inflation (%)2.72.86.04.93.63.45.77.95.54.73.8
Current account ($bn)−31.54−25.28−21.40−25.93−3.8726.87−4.49−15.01−10.23−16.79−9.36
Current account (% GDP)−2.6−2.3−1.8−2.1−0.32.4−0.3−1.0−0.6−0.9−0.5
Reserves incl. gold ($bn)177.6178.0175.5176.4183.1199.1207.8201.1214.3232.0256.2
Direct investment in ($bn)36.2538.9033.1637.8730.1331.6235.6339.2130.7245.5144.58
Direct investment out ($bn)10.987.873.0412.256.085.04−0.3017.370.8113.0012.98
Portfolio equity in ($bn)3.609.4810.322.42−0.010.19−3.16−4.66−5.16−5.30−4.68
Remittances ($bn)26.8229.3332.9236.5339.8343.9855.0761.4666.2467.9165.09

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