Mexico External Debt

Mexico · Quarterly series · EC-MX-ED

Latest, Q2 2026

662.81B USD

+2.1% from Q1 2026

Open interactive chartMexico External Debt in the app

734.6B367.6B681.9MQ1 2000Q2 2027
History through Q2 2026, the forecast path to Q2 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for Q2 2027: 678.23B USD, with an 80% interval of 629.04B USD to 730.93B USD.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
Q3 2026665.70B USD648.16B USD683.84B USD
Q4 2026669.80B USD644.93B USD695.80B USD
Q1 2027674.64B USD616.76B USD734.59B USD
Q2 2027678.23B USD629.04B USD730.93B USD

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-5%Matches the no-change baseline over 8 tests (8 tests, 4 won)
Direction
47%No clear edge over a coin flip (15 of 32 calls right in 8 tests)
Turning points
5 of 16Anticipated some turns (16 turns in 8 tests, 0 without a turn)
Error vs baseline
5% higherError ratio 1.05; 1.00 is a tie.
Tests won
4 / 8Complete rolling backtests; ties count as no win.
Test period
2018-09-01 to 2026-06-014 observations ahead per test.
80% band coverage
78%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

That is the highest of the 40 readings since Q3 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
Q2 2026662.81B USD
Q1 2026649.04B USD
Q4 2025645.53B USD
Q3 2025657.68B USD
Q2 2025633.11B USD
Q1 2025618.66B USD
Q4 2024592.73B USD
Q3 2024600.46B USD
Q2 2024591.61B USD
Q1 2024609.72B USD
Q4 2023593.99B USD
Q3 2023583.15B USD
Q2 2023596.95B USD
Q1 2023594.63B USD
Q4 2022582.24B USD
Q3 2022571.32B USD
Q2 2022581.76B USD
Q1 2022604.28B USD
Q4 2021602.09B USD
Q3 2021614.52B USD
Q2 2021615.44B USD
Q1 2021613.85B USD
Q4 2020628.51B USD
Q3 2020609.94B USD

Source

Data: public market data feeds.

More from Agentic Investor

Also stored for Mexico