Canada vs Mexico: Gross domestic product (GDP)

Canada
2.17 trillion international-$ in 2021 prices
in 2023
Mexico
2.60 trillion international-$ in 2021 prices
in 2023
Canada rank
16th
Mexico rank
14th

Gross domestic product (GDP) over time

  • Canada
  • Mexico
01.0T2.0T3.0T195019862023

How they compare

Mexico currently reports 2.60 trillion international-$ in 2021 prices against 2.17 trillion international-$ in 2021 prices in Canada, a difference of 431.32 billion international-$ in 2021 prices.

That makes Mexico's figure about 1.2 times Canada's.

The two have swapped places 3 times across 74 shared years of data; in 1950 it was Canada ahead.

Canada ranks 16th and Mexico ranks 14th of 184 countries.

Across the 8 decades both report, Canada averaged higher in 2 and Mexico in 6.

Head to head by decade

Decade Canada Mexico Difference Ahead
1950s 247.57 billion international-$ in 2021 prices 215.15 billion international-$ in 2021 prices 32.42 billion international-$ in 2021 prices Canada
1960s 397.78 billion international-$ in 2021 prices 393.50 billion international-$ in 2021 prices 4.28 billion international-$ in 2021 prices Canada
1970s 634.57 billion international-$ in 2021 prices 745.27 billion international-$ in 2021 prices 110.70 billion international-$ in 2021 prices Mexico
1980s 877.25 billion international-$ in 2021 prices 1.14 trillion international-$ in 2021 prices 265.36 billion international-$ in 2021 prices Mexico
1990s 1.15 trillion international-$ in 2021 prices 1.37 trillion international-$ in 2021 prices 220.09 billion international-$ in 2021 prices Mexico
2000s 1.59 trillion international-$ in 2021 prices 1.87 trillion international-$ in 2021 prices 284.60 billion international-$ in 2021 prices Mexico
2010s 1.92 trillion international-$ in 2021 prices 2.54 trillion international-$ in 2021 prices 619.36 billion international-$ in 2021 prices Mexico
2020s 2.08 trillion international-$ in 2021 prices 2.52 trillion international-$ in 2021 prices 439.85 billion international-$ in 2021 prices Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Canada or Mexico?
Mexico, at 2.60 trillion international-$ in 2021 prices against 2.17 trillion international-$ in 2021 prices in Canada as of 2023.
What is the difference in gross domestic product (gdp) between Canada and Mexico?
431.32 billion international-$ in 2021 prices, with Mexico ahead.
How many years of comparable data are there for Canada and Mexico?
74 years are reported by both, from 1950 to 2023.
How do Canada and Mexico rank globally for gross domestic product (gdp)?
Canada ranks 16th and Mexico ranks 14th of 184 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.