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 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.

Graph and download economic data for Gross Domestic Product Per Capita for Mexico (PCAGDPMXA646NWDB) from 1960 to 2024 about Mexico, per capita, and GDP.

The Gross Domestic Product per capita in Mexico was last recorded at 22033.27 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Mexico, when adjusted by Purchasing Power Parity is equivalent to 124 percent of the world's average. This dataset provides - Mexico GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Mexico Real GDP Growth

• The Gross Domestic Product (GDP) in Mexico expanded 3.7 % YoY in Dec 2022, following a growth of 4.4 % in the previous quarter.
• Real GDP Growth YoY data in Mexico is updated quarterly, available from Mar 1981 to Dec 2022, with an average rate of 2.7 %.
• The data reached an all-time high of 19.3 % in Jun 2021 and a record low of -18.8 % in Jun 2020.

• In the latest reports, Nominal GDP of Mexico reached 372.0 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.5 % in Dec 2022.
• GDP Per Capita in Mexico reached 10,927.3 USD in Dec 2022.
• Its Gross Savings Rate was measured at 20.0 % in Sep 2022.
• For Nominal GDP contributions, Investment accounted for 21.9 % in Sep 2022.
• Public Consumption accounted for 11.3 % in Sep 2022.
• Private Consumption accounted for 68.7 % in Sep 2022.

In 2023, every person in Mexico was estimated to produce a Gross Domestic Product of ***** U.S. dollars per hour of work. In nominal values, the labor productivity per hour has been increasing almost uninterruptedly in Mexico during the past decade.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

In 2023, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 34,749 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 34,749 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,693 U.S. dollars per person per year. The largest economies in Latin America GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population. By far, the two largest economies in the region are Brazil and Mexico, both registering GDPs three times bigger than the third place, Argentina. Nonetheless, they are the two most populated countries by a great margin.
Key economic indicators of Latin America Latin America emerges as an important region in the world economy, as of 2023, around 7.3 percent of the global GDP, a similar share to the Middle East. Nevertheless, the economic development of most of its countries has been heavily affected by other factors, such as corruption, inequality, inflation, or crime and violence. Countries such as Venezuela, Suriname, and Argentina are constantly ranking among the highest inflation rates in the world. While Jamaica, Ecuador, and Haiti rank as some of the most crime-ridden states.

In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

Time series data for the data Real Gross Domestic Product - Components - Current Local Curreny Unit (CLU) for the country Mexico. Indicator Definition:Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic CurrencyThe indicator "Real Private Sector Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 18.03 Trillion Mexican Pesos as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.70 percent compared to the value the year prior.The 1 year change in percent is 1.70.The 3 year change in percent is 10.69.The 5 year change in percent is 9.85.The 10 year change in percent is 18.69.The Serie's long term average value is 13.49 Trillion Mexican Pesos. It's latest available value, on 3/31/2025, is 33.62 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1995, to it's latest available value, on 3/31/2025, is +109.17%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 3/31/2025, is -0.155%.Indicator Definition:Real General Government Final Consumption Expenditure, Unadjusted, Domestic CurrencyThe indicator "Real General Government Final Consumption Expenditure, Unadjusted, Domestic Currency" stands at 2.81 Trillion Mexican Pesos as of 3/31/2025, the highest value at least since 6/30/1994, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.62 percent compared to the value the year prior.The 1 year change in percent is 1.62.The 3 year change in percent is 6.00.The 5 year change in percent is 5.29.The 10 year change in percent is 9.71.The Serie's long term average value is 2.29 Trillion Mexican Pesos. It's latest available value, on 3/31/2025, is 22.96 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/1994, to it's latest available value, on 3/31/2025, is +59.14%.The Serie's change in percent from it's maximum value, on 3/31/2025, to it's latest available value, on 3/31/2025, is 0.0%.Indicator Definition:Real Gross Fixed Capital Formation, Unadjusted, Domestic CurrencyThe indicator "Real Gross Fixed Capital Formation, Unadjusted, Domestic Currency" stands at 6.24 Trillion Mexican Pesos as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.0679 percent compared to the value the year prior.The 1 year change in percent is 0.0679.The 3 year change in percent is 25.77.The 5 year change in percent is 19.54.The 10 year change in percent is 16.64.The Serie's long term average value is 4.52 Trillion Mexican Pesos. It's latest available value, on 3/31/2025, is 37.85 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1995, to it's latest available value, on 3/31/2025, is +167.18%.The Serie's change in percent from it's maximum value, on 9/30/2024, to it's latest available value, on 3/31/2025, is -1.86%.Indicator Definition:Real Changes in Inventories, Unadjusted, Domestic CurrencyThe indicator "Real Changes in Inventories, Unadjusted, Domestic Currency" stands at 0.023 Trillion Mexican Pesos as of 3/31/2025, the lowest value at least since 6/30/1994, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -15.77 percent compared to the value the year prior.The 1 year change in percent is -15.77.The 3 year change in percent is -65.57.The 5 year change in percent is -64.19.The 10 year change in percent is -84.22.The Serie's long term average value is 0.176 Trillion Mexican Pesos. It's latest available value, on 3/31/2025, is 86.94 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2025, to it's latest available value, on 3/31/2025, is +0.0%.The Serie's change in percent from it's maximum value, on 6/30/1996, to it's latest available value, on 3/31/2025, is -94.79%.Indicator Definition:Net Trade is defined as exports minus imports (measured in local currency units (LCU)).The indicator "Net Trade (Current LCU)" stands at -1.27 Trillion Mexican Pesos as of 3/31/2025, the highest value since 9/30/2023. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.5157 Trillion Mexican Pesos compared to the value the year prior.The 1 year change is 0.5157 Trillion Mexican Pesos.The 3 year change is -0.8224 Trillion Mexican Pesos.The 5 year change is -1.09 Trillion Mexican Pesos.The 10 year change is -0.8201 Trillion Mexican Pesos.The Serie's long term average value is -0.555 Trillion Mexican Pesos. It's latest available value, on 3/31/2025, is -0.718 Trillion Mexican Pesos lower, compared to it's long term average value.The Serie's change in Mexican Pesos from it's minimum ...

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 MX: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 2.791 % in 2017. This records a decrease from the previous number of 3.286 % for 2016. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 1.514 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 3.972 % in 2001 and a record low of 0.395 % in 1972. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP 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: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

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.

Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data was reported at 0.294 % in 2017. This records a decrease from the previous number of 0.617 % for 2016. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data is updated yearly, averaging 0.200 % from Dec 1979 (Median) to 2017, with 39 observations. The data reached an all-time high of 1.557 % in 2012 and a record low of -0.073 % in 1995. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP 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: Balance of Payments: Capital and Financial Account. Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows data was reported at 3.385 USD bn in 2017. This records a decrease from the previous number of 6.654 USD bn for 2016. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows data is updated yearly, averaging 1.058 USD bn from Dec 1979 (Median) to 2017, with 39 observations. The data reached an all-time high of 18.701 USD bn in 2012 and a record low of -263.000 USD mn in 1995. Mexico MX: BOP: Financial Account: Foreign Direct Investment: Net Outflows 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: Balance of Payments: Capital and Financial Account. Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

Source: OECD.1Thousands.2Billion US dollars, current prices and PPPs.3US dollars, current prices and PPPs.4Share of persons of working age in employment.5As a percentage of total employment.6As a percentage of labor force.7Persons unemployed for 12 months or more as a percentage of total unemployed.8GDP per capita divided by the average of total hours worked annually by a person.9Percentage of GDP invested in research and development.10Percentage of the value added from the business sector that comes from the Information and Communication Technologies (ICT).11Number of firms in the manufacturing sector (MFG) with size in number of employees.

In 2024, health care expenditure per person in Mexico reached a value of ******* U.S. dollars, up from approximately ***** U.S. dollars per capita spent on health a year earlier. Compared to the beginning of the decade, this figure increased by around ** percent. During the last year depicted, expenditure on healthcare represented approximately *** percent of the country's gross domestic product (GDP).

In 2024, the total investment as a share of the gross domestic product (GDP) in Mexico stood at approximately 24.16 percent. Between 1980 and 2024, the figure dropped by around 5.40 percentage points, though the decline followed an uneven course rather than a steady trajectory. The share is forecast to decline by about 0.41 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the ratio of total investment in current local currency to GDP in current local currency. The International Monetary Fund defines the total investment as the overall value of the gross fixed capital formation as well as changes in inventories and acquisitions less disposals of valuables. GDP, on the other hand, represents the total value of final goods and services produced during a year.

In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.