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 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.

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.

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.

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 Gross Domestic Product (GDP) in Mexico expanded 0.60 percent in the second 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.

The Gross Domestic Product (GDP) in Mexico stagnated 0 percent in the second 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 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.

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 ...

Key information about Mexico Gross National Product (GNP)

• Mexico Gross National Product (GNP) was reported at 1,744.711 USD bn in Dec 2023.
• This records an increase from the previous number of 1,429.618 USD bn for Dec 2022.
• Mexico Gross National Product (GNP) data is updated yearly, averaging 329.047 USD bn from Dec 1960 to 2023, with 64 observations.
• The data reached an all-time high of 1,744.711 USD bn in 2023 and a record low of 12.666 USD bn in 1960.

• Mexico Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• The World Bank provides annual Gross National Product in USD.

The average for 2015 based on 2 countries was 13.97 GDP per kg of oil equivalent. The highest value was in Turkey: 15.6 GDP per kg of oil equivalent and the lowest value was in Mexico: 12.33 GDP per kg of oil equivalent. The indicator is available from 1990 to 2015. Below is a chart for all countries where data are available.

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.

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 2022, tax revenues generated by Mexico accounted for 16.9 percent of the country's GDP, down from 17.3 percent reported in the previous year. Mexico is among the states with the lowest shares of tax revenue in GDP in Latin America.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The average for 2023 based on 193 countries was -0.07 points. The highest value was in Liechtenstein: 1.61 points and the lowest value was in Syria: -2.75 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.

The average for 2020 based on 36 countries was 4.44 hospital beds. The highest value was in South Korea: 12.65 hospital beds and the lowest value was in Mexico: 0.99 hospital beds. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

Mexico's total Exports in 2024 were valued at US$618.98 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main export partners were: the United States, Canada and China. The top three export commodities were: Vehicles other than railway, tramway; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$625.87 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.

Tourism Revenues in Mexico increased to 2751338.92 USD Thousand in June from 2618769.51 USD Thousand in May of 2025. This dataset provides - Mexico Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The share of the tourism sector in the Mexican gross domestic product decreased to *** percent in 2023, reversing the two-year increase recorded previously. In total, this sector contributed roughly *** trillion Mexican pesos to the country's GDP in that year.