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 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 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.

Mexico GDP for 2023 was 1.789 trillion US dollars, a 22.18% increase from 2022.

<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.

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.

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 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 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.

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

Mexico GDP: Changes in Inventories data was reported at 2,472.000 MXN mn in 2023. This records a decrease from the previous number of 102,287.300 MXN mn for 2022. Mexico GDP: Changes in Inventories data is updated yearly, averaging 86,379.200 MXN mn from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 150,273.900 MXN mn in 2017 and a record low of 2,472.000 MXN mn in 2023. Mexico GDP: Changes in Inventories 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.MEI: Gross Domestic Product: OECD Member: Annual.

GDP per capita growth (annual %) in Mexico was reported at 0.58478 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mexico - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

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

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.

Key information about Mexico GDP Per Capita

• Mexico Gross Domestic Product (GDP) per Capita reached 10,934.885 USD in Dec 2022, compared with 9,922.196 USD in Dec 2021.
• Mexico GDP Per Capita data is updated yearly, available from Dec 1993 to Dec 2022, with an average number of 8,735.460 USD.
• The data reached an all-time high of 11,021.981 USD in Dec 2014 and a record low of 3,937.430 in Dec 1995.
• CEIC calculates GDP per Capita from quarterly de-annualised Nominal GDP and annual Population and converts it into USD. The National Institute of Statistics and Geography provides annualised Nominal GDP in local currency. National Population Council provides Population. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, Mexico GDP expanded 3.667 % YoY in Mar 2023.
• Mexico Nominal GDP reached 397.471 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.278 % in Mar 2023.
• Gross Savings Rate of Mexico was measured at 20.186 % in Dec 2022.

Mexico MX: GDP: Growth: Adjusted Net National Income per Capita data was reported at 0.797 % in 2017. This records a decrease from the previous number of 0.993 % for 2016. Mexico MX: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.389 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 12.651 % in 1980 and a record low of -13.608 % in 1983. Mexico MX: GDP: Growth: Adjusted Net National Income per Capita 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: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Mexico MX: GDP: Growth: Imports of Goods and Services data was reported at 6.468 % in 2017. This records an increase from the previous number of 2.924 % for 2016. Mexico MX: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 6.468 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 37.184 % in 1980 and a record low of -37.852 % in 1982. Mexico MX: GDP: Growth: Imports of Goods and Services 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: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Graph and download economic data for Gross Domestic Product Deflator for Mexico (NGDPDIXMXA) from 1993 to 2024 about Mexico and GDP.

The gross domestic product (GDP) per capita in Mexico was estimated at about 14.01 thousand U.S. dollars in 2024. From 1980 to 2024, the GDP per capita rose by approximately 10.45 thousand 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 around 1.58 thousand 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).