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 0.30 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

It was estimated that the gross domestic product (GDP) of Mexico would experience a percentage change of **** and **** in January and February 2025.

The gross domestic product (GDP) of Mexico amounted to approximately 25.27 trillion Mexican pesos in the second quarter of 2024. This represented the highest value since the first quarter of 2020, right before the outbreak of the COVID-19 pandemic, based on constant, seasonally adjusted prices (taking 2018 values as reference).

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

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.

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.

In 2024, the growth of the real gross domestic product (GDP) in Mexico stood at about 1.45 percent. Between 1980 and 2024, the figure dropped by approximately 8.03 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 0.65 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

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.

Key information about Mexico Real GDP Growth

• The Gross Domestic Product (GDP) in Mexico contracted 0.2 % YoY in Sep 2025, following a growth of 1.0 % in the previous quarter.
• Real GDP Growth YoY data in Mexico is updated quarterly, available from Mar 1981 to Sep 2025, with an average rate of 0.0 %.

The National Institute of Statistics and Geography provides quarterly Real GDP Growth at 2018 prices.


Related information about Mexico Real GDP Growth

• In the latest reports, Nominal GDP of Mexico reached 473.6 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 4.2 % in Sep 2025.
• GDP Per Capita in Mexico reached 13,923.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 18.6 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 22.9 % in Jun 2025.
• Public Consumption accounted for 11.5 % in Jun 2025.
• Private Consumption accounted for 69.8 % in Jun 2025.

Key information about Mexico Nominal GDP

• Mexico Nominal GDP reached 473.6 USD bn in Sep 2025, compared with 451.1 USD bn in the previous quarter.
• Nominal GDP in Mexico is updated quarterly, available from Mar 1993 to Sep 2025, with an average number of 233.8 USD bn.
• The data reached an all-time high of 481.9 USD bn in Mar 2024 and a record low of 88.1 USD bn in Mar 1995.

CEIC converts quarterly de-annualised Nominal GDP into USD. The National Institute of Statistics and Geography provides annualised Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Mexico Nominal GDP

• In the latest reports, Mexico GDP contracted 0.2 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 4.2 % 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.
• For Nominal GDP contributions, Investment accounted for 22.9 % in Jun 2025.
• Public Consumption accounted for 11.5 % in Jun 2025.
• Private Consumption accounted for 69.8 % in Jun 2025.

Graph and download economic data for Gross Domestic Product: All Industry Total in New Mexico (NMNGSP) from 1997 to 2024 about NM, GSP, industry, GDP, and USA.

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.

The gross domestic product (GDP) per capita in Mexico was 14,030 U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by 10,470 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP per capita will rise by 3,660 U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

GDP Constant Prices in Mexico decreased to 25415333 MXN Million in the third quarter of 2025 from 25488536.90 MXN Million in the second quarter of 2025. This dataset provides - Mexico GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Mexico Public Consumption: % of GDP

• Mexico Public Consumption accounted for 11.5 % of its Nominal GDP in Jun 2025, compared with a share of 11.4 % in the previous quarter.
• Mexico Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Jun 2025, with an average number of 11.3 %.
• The data reached an all-time high of 13.9 % in Jun 2020 and a record low of 7.5 % in Jun 1996.

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


Related information about Mexico Public Consumption: % of GDP

• In the latest reports, Mexico GDP contracted 0.2 % YoY in Sep 2025.
• Mexico Nominal GDP reached 473.6 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 4.2 % 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.
• For Nominal GDP contributions, Investment accounted for 22.9 % in Jun 2025.
• Private Consumption accounted for 69.8 % in Jun 2025.

Graph and download economic data for Gross Domestic Product for Mexico (MKTGDPMXA646NWDB) from 1960 to 2024 about Mexico and GDP.

Mexico: GDP per capita, current U.S. dollars: The latest value from 2024 is 14157.94 U.S. dollars, an increase from 13826.13 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Mexico from 1960 to 2024 is 5237.26 U.S. dollars. The minimum value, 355.08 U.S. dollars, was reached in 1960 while the maximum of 14157.94 U.S. dollars was recorded in 2024.

Yearly (annual) dataset of the Mexico GDP, including historical data, latest releases, and long-term trends from 1960-12-31 to 2024-12-31. Available for free download in CSV format.