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.

The statistic depicts Mexico's real gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. 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 of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, Mexico's real GDP grew by about 1.45 percent compared to the previous year. Mexico's economy Mexico, having not been dramatically affected by the 2002 South American crisis, has one of the strongest economies in the Americas behind the United States and Canada. By improving its macroeconomic rules and regulations, Mexico improved on many aspects of its economy, most notably inflation. Several goals that the government wanted accomplish were the improvement of infrastructure around the country as well as newer tax laws that would allow for higher income equality. Mexico is generally an export-oriented country, with the majority of export goods consisting of electronics, automobiles and agricultural goods. Exports over the past decade have seen continuous growth, with the exception of 2009. This increase in exports is largely due to an increasing number of free trade agreements with international countries, which essentially eliminate tariffs between member countries. However, Mexico imports more than they export, having recorded an annual trade deficit over the past decade. While most economics label this as a negative aspect, other economics believe that trade deficits are associated with positive economic developments.

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.

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

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 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.

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.

The ratio of national debt to gross domestic product (GDP) of Mexico was 58.31 percent in 2024. Between 1996 and 2024, the ratio rose by 15.77 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by 3.16 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Mexico Government Debt: % of GDP

• Mexico Government debt accounted for 60.2 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 57.1 % in the previous quarter.
• Mexico government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Sep 2025.
• The data reached an all-time high of 60.2 % in Sep 2025 and a record low of 20.3 % in Dec 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling average of quarterly annualized Nominal GDP. Government Debt is calculated as a sum of Domestic Government Debt and External Government Debt. The Secretary of Finance and Public Credit provides Government Debt in USD and local currency. The National Institute of Statistics and Geography provides annualized Nominal GDP in local currency. The Federal Reserve Board period end market exchange rate is used for Government Debt and average market exchange rate is used for Nominal GDP currency conversions. Government Debt covers Central Government only.


Related information about Mexico Government Debt: % of GDP

• In the latest reports, Mexico National Government Debt reached 1,052.3 USD bn in Oct 2025.
• The country's Nominal GDP reached 473.6 USD bn in Sep 2025.

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.

Mexico BDM Forecast: Real GDP: YoY: Median: Next 10 Years data was reported at 2.300 % in Mar 2019. This stayed constant from the previous number of 2.300 % for Feb 2019. Mexico BDM Forecast: Real GDP: YoY: Median: Next 10 Years data is updated monthly, averaging 3.300 % from Jan 2013 (Median) to Mar 2019, with 75 observations. The data reached an all-time high of 4.000 % in Jan 2015 and a record low of 2.300 % in Mar 2019. Mexico BDM Forecast: Real GDP: YoY: Median: Next 10 Years data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.A021: SNA 2008: GDP: by Industry: Constant Price: YoY%: Forecast.

Graph and download economic data for Constant GDP per capita for Mexico (NYGDPPCAPKDMEX) from 1960 to 2024 about Mexico, per capita, real, and GDP.

Mexico recorded a Government Debt to GDP of 49.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Mexico Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Manufacturing in Mexico decreased to 5189936 MXN Million in the third quarter of 2025 from 5259553 MXN Million in the second quarter of 2025. This dataset provides the latest reported value for - Mexico Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico GDP Growth Tracker: Yo2Y: High data was reported at 11.773 % in 23 Apr 2023. This records an increase from the previous number of 10.507 % for 16 Apr 2023. Mexico GDP Growth Tracker: Yo2Y: High data is updated weekly, averaging 1.021 % from May 2020 (Median) to 23 Apr 2023, with 155 observations. The data reached an all-time high of 29.688 % in 01 May 2022 and a record low of -13.082 % in 10 May 2020. Mexico GDP Growth Tracker: Yo2Y: High data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Mexico – Table MX.OECD.WT: GDP Growth Tracker: Weekly.

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.

The statistic depicts the average inflation rate in Mexico from 1987 to 2024, with projections up until 2030. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2024, Mexico's average inflation rate was around 4.72 percent compared to the previous year. Mexico’s economy Mexico’s gross domestic product (GDP) has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows. More than 60 percent of GDP are generated in this sector; the majority of the Mexican workforce is employed in services. One important contributor to Mexico’s GDP is tourism. The total unemployment rate in Mexico took a turn for the worse during the recession of 2008 and is still to bounce back to previous levels. Mexico’s main export and import partner is the United States which accounts for approximately half of the value of both. Thus, the trade balance of goods in Mexico, showing the value of exports minus the value of imports, is heavily dependant on the United States. For the past decade, Mexico’s trade balance has run at a deficit of more than 10 billion US dollars. The trade balance of services sector in Mexico has also been in the red with a deficit of more than 6 percent since the recession and higher than 9 percent since 2011. Mexico is also one of the largest drug exporting countries worldwide. Specific trade figures are not available, however, Mexico is among the top countries for opium cultivation based on acreage, and thousands of illegal poppy fields, processed into opium, have been destroyed in Mexico year after year.

Mexico BDM Forecast: Real GDP: YoY: Average: Next 10 Years data was reported at 2.240 % in Mar 2019. This records a decrease from the previous number of 2.280 % for Feb 2019. Mexico BDM Forecast: Real GDP: YoY: Average: Next 10 Years data is updated monthly, averaging 3.270 % from Jan 2013 (Median) to Mar 2019, with 75 observations. The data reached an all-time high of 4.070 % in Jul 2014 and a record low of 2.240 % in Mar 2019. Mexico BDM Forecast: Real GDP: YoY: Average: Next 10 Years data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.A021: SNA 2008: GDP: by Industry: Constant Price: YoY%: Forecast.

The gross domestic product (GDP) of Mexico City amounted to approximately 3.65 trillion Mexican pesos in 2022, showing a recovery since 2020, almost reaching pre-pandemic levels.

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).