The Gross Domestic Product (GDP) in Mexico was worth 1852.72 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Mexico represents 1.75 percent of the world economy. This dataset provides - Mexico GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows Mexico’s GDP from 1987 to 2024, with projections up until 2030. In 2024, Mexico’s GDP amounted to approximately 1.85 trillion U.S. dollars.Economy of MexicoGDP is an indicator primarily used to gauge the state and health of a national economy. GDP is the total market value of all final goods and services that have been produced within national borders in a given period of time, usually a year. GDP gives us an insight into a country’s economic development over a period of time, how its development fits in with international shifts and how it is affected by the factors that affect market economies.The demand among some segments of the Chinese workforce for fairer payment, coupled with higher transportations costs, have been key factors in increasing the competitiveness of Mexican manufacturing, with some suggestions being made that it is already cheaper than China for the many industries that serve the lucrative United States market. The Mexican economy is, however, far from trouble-free. And although the gross domestic product in Mexico has been increasing, it is showing that it is struggling to match up to the fast pace of growth and prosperity being seen in some of the BRIC countries, as well as the usual suspects of economic success, the United States, Canada and others.Inequality in Mexico remains a huge problem. The education system in the federation’s thirty-one states is in dire need of reform, and in some of the states, especially in those closest to the US border, brutal criminal drug lords'rule. It is important for Mexicans that they embrace the opportunity that they find themselves presented with at present and harness the energy of their large population , the newly arrived foreigners and their educated youth, in order to provide the country with the future prosperity that it most desperately needs.

The Gross Domestic Product (GDP) in Mexico contracted 0.10 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Mexico GDP data: historical series and analyst forecasts curated by FocusEconomics.

As of August 2024, Mexico's Secretariat of Finance and Public Credit (SHCP in its acronym in Spanish) forecasted that the Mexican economy would grow by three percent in 2025. This was the most optimistic forecast produced among all the agencies shown in this graph.

Graph and download economic data for Real Gross Domestic Product for Mexico (NGDPRSAXDCMXQ) from Q1 1993 to Q1 2025 about Mexico, real, and GDP.

Key information about Mexico Private Consumption: % of GDP

• Mexico Private Consumption accounted for 69.8 % of its Nominal GDP in Jun 2025, compared with a ratio of 69.6 % in the previous quarter.
• Mexico Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Jun 2025, with an average share of 70.0 %.
• The data reached an all-time high of 72.4 % in Dec 2003 and a record low of 65.5 % in Sep 2020.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly de-annualized Nominal GDP. The National Institute of Statistics and Geography provides Private Consumption Expenditure in local currency and annualized Nominal GDP in local currency.


Related information about Mexico Private Consumption: % of GDP

• In the latest reports, Mexico GDP contracted 0.2 % YoY in Sep 2025.
• Its Nominal GDP reached 473.6 USD bn in Sep 2025.
• Mexico GDP Per Capita reached 13,923.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 18.6 % in Jun 2025.

Key information about Mexico Nominal GDP Growth

• Mexico Nominal GDP Growth was reported at 4.042 % in Sep 2025.
• This records a decrease from the previous number of 6.477 % for Jun 2025.
• Mexico Nominal GDP Growth data is updated quarterly, averaging 3.038 % from Mar 1994 to Sep 2025, with 127 observations.
• The data reached an all-time high of 40.866 % in Mar 1996 and a record low of -17.132 % in Jun 2020.
• Mexico Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly de-annualized Nominal GDP. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency.

The Gross Domestic Product per capita in Mexico was last recorded at 10313.49 US dollars in 2024. The GDP per Capita in Mexico is equivalent to 82 percent of the world's average. This dataset provides - Mexico GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly GDP MoM in Mexico decreased to -0.60 percent in September from 0.40 percent in August of 2025. This dataset includes a chart with historical data for Mexico Economic Activity MoM.

Mexico City's GDP amounted to approximately 3.81 trillion Mexican pesos in 2023. During that year, the GDP of the city corresponded to 14.8 percent of the national gross domestic product. This share turned the capital into the federal entity with the largest contribution to Mexico's economic output. On the flip side, the eastern state of Tlaxcala only represented 0.6 percent of the national GDP.

GDP from Services in Mexico increased to 15391570 MXN Million in the third quarter of 2025 from 15356787 MXN Million in the second quarter of 2025. This dataset provides the latest reported value for - Mexico Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP, billion currency units in Mexico, June, 2025 The most recent value is 8950.15 billion Mexican Peso as of Q2 2025, an increase compared to the previous value of 8666.6 billion Mexican Peso. Historically, the average for Mexico from Q1 1993 to Q2 2025 is 3689.73 billion Mexican Peso. The minimum of 397.8 billion Mexican Peso was recorded in Q1 1993, while the maximum of 8950.15 billion Mexican Peso was reached in Q2 2025. | TheGlobalEconomy.com

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Mexico from 2013 to 2023. In 2023, agriculture contributed around 3.82 percent to the GDP of Mexico, 31.56 percent came from the industry and 58.65 percent from the service sector. For further information, see Mexico's GDP.

Mexico MX: GDP: Growth: Imports of Goods and Services data was reported at 6.468 % in 2017. This records an increase from the previous number of 2.924 % for 2016. Mexico MX: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 6.468 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 37.184 % in 1980 and a record low of -37.852 % in 1982. Mexico MX: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Key information about Mexico Tax revenue: % of GDP

• Mexico Tax revenue: % of GDP was reported at 13.6 % in Sep 2024.
• This records a decrease from the previous number of 15.1 % for Jun 2024.
• Mexico Tax revenue: % of GDP data is updated quarterly, averaging 8.9 % from Mar 1993 to Sep 2024, with 127 observations.
• The data reached an all-time high of 16.0 % in Mar 2022 and a record low of 6.5 % in Sep 2008.
• Mexico Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly de-annualized Nominal GDP. The Secretary of Finance and Public Credit provides Tax Revenue in local currency. The National Institute of Statistics and Geography provides Nominal GDP in local currency. Tax Revenue covers Non Petroleum Tax only.

Mexico GDP Nowcast: sa: YoY: Current Quarter data was reported at 1.928 % in 12 May 2025. This records a decrease from the previous number of 1.931 % for 05 May 2025. Mexico GDP Nowcast: sa: YoY: Current Quarter data is updated weekly, averaging 2.428 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 26.933 % in 14 Jun 2021 and a record low of -15.127 % in 24 Aug 2020. Mexico GDP Nowcast: sa: YoY: Current Quarter data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Mexico – Table MX.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Mexico MX: GDP: % of Manufacturing: Machinery and Transport Equipment data was reported at 29.499 % in 2016. This records an increase from the previous number of 28.086 % for 2015. Mexico MX: GDP: % of Manufacturing: Machinery and Transport Equipment data is updated yearly, averaging 19.620 % from Dec 1984 (Median) to 2016, with 33 observations. The data reached an all-time high of 29.499 % in 2016 and a record low of 13.338 % in 1984. Mexico MX: GDP: % of Manufacturing: Machinery and Transport Equipment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Mexico (LCEAMN01MXM661S) from Jan 1980 to Aug 2025 about Mexico, compensation, earnings, hours, and manufacturing.

Mexico: Foreign Direct Investment, percent of GDP: The latest value from 2024 is 2.37 percent, an increase from 1.71 percent in 2023. In comparison, the world average is 4.56 percent, based on data from 105 countries. Historically, the average for Mexico from 1970 to 2024 is 1.88 percent. The minimum value, 0.39 percent, was reached in 1972 while the maximum of 3.84 percent was recorded in 2013.