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.
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The Gross Domestic Product (GDP) in Mexico expanded 0.20 percent in the first 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 statistic depicts Mexico's gross domestic product (GDP) per capita from 1987 to 2020, with projections up until 2030. The GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator for the economic strength of a country. In 2020, Mexico's GDP per capita amounted to approximately 8,744.03 U.S. dollars. For further information, see Mexico's GDP. Economy of Mexico Mexico is the third largest economy in North America and is swiftly becoming a modernized nation with more industrial and service sectors to maintain and promote economic growth nationwide. Mexico is primarily an export-oriented economy and has seen constant growth in regards to the export of goods every year over the past decade, with the exception of 2009. Mexico is also considered to be one of the premier exporters in the world, exporting more goods and services than other export-prominent countries such as Saudi Arabia and India. Like many other industrial countries worldwide, Mexico experienced an economic downturn during the global financial crisis. Several indicators of Mexico’s economic slump would be a spike in unemployment as well as a significant drop in GDP in 2009. Additionally, inflation rates slightly increased over the course of 2 years. However, Mexico’s economy evidently recovered, in particular with its inflation rate, which reached a decade low, as well as its gross domestic product per capita, which attained decade high values, both in 2014.
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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.
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The Gross Domestic Product (GDP) in Mexico expanded 0.80 percent in the first 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.
The gross domestic product (GDP) by fiscal year in Mexico was about 1.99 trillion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 1.99 trillion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 772.75 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.
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GDP (current US$) in Mexico was reported at 1852722885258 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The latest data from show economic growth of 0.57 percent,
which is an increase from the rate of growth of 0.41 percent in the previous quarter and
a decrease compared to the growth rate of 1.78 percent in the same quarter last year.
The economic growth time series for Mexico cover the period...
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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.
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<ul style='margin-top:20px;'>
<li>Mexico GDP for 2022 was <strong>1.464 trillion US dollars</strong>, a <strong>11.22% increase</strong> from 2021.</li>
<li>Mexico GDP for 2021 was <strong>1.317 trillion US dollars</strong>, a <strong>17.44% increase</strong> from 2020.</li>
<li>Mexico GDP for 2020 was <strong>1.121 trillion US dollars</strong>, a <strong>14.04% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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Graph and download economic data for Real Gross Domestic Product for Mexico (NGDPRSAXDCMXQ) from Q1 1993 to Q1 2025 about Mexico, real, and GDP.
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GDP per capita (current US$) in Mexico was reported at 14158 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Mexico Real GDP: 32 years of historical data from 1993 to 2025.
In the first quarter of 2025, the tobacco manufacturing industry in Mexico added a value of ***** billion Mexican pesos to the country's gross domestic product (GDP).
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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).
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GDP from Services in Mexico decreased to 14912557.33 MXN Million in the first quarter of 2025 from 15577237.99 MXN Million in the fourth quarter of 2024. 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.
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Mexico GDP Nowcast: sa: YoY: Contribution: Production: IPI: sa data was reported at 11.447 % in 12 May 2025. This records an increase from the previous number of 11.441 % for 05 May 2025. Mexico GDP Nowcast: sa: YoY: Contribution: Production: IPI: sa data is updated weekly, averaging 2.279 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 16.146 % in 10 Feb 2025 and a record low of 0.000 % in 29 Jun 2020. Mexico GDP Nowcast: sa: YoY: Contribution: Production: IPI: sa 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).
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.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Mexico (NAEXKP01MXQ657S) from Q2 1980 to Q1 2025 about Mexico, real, and GDP.
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.