Mexico vs Spain: Gross domestic product (GDP)

Mexico
2.60 trillion international-$ in 2021 prices
in 2023
Spain
2.19 trillion international-$ in 2021 prices
in 2023
Mexico rank
14th
Spain rank
15th

Gross domestic product (GDP) over time

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

How they compare

Mexico currently reports 2.60 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain, a difference of 403.04 billion international-$ in 2021 prices.

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

Across all 74 years both countries report, Mexico has been ahead every year.

Mexico ranks 14th and Spain ranks 15th of 184 countries.

Mexico has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Mexico Spain Difference Ahead
1950s 215.15 billion international-$ in 2021 prices 165.66 billion international-$ in 2021 prices 49.49 billion international-$ in 2021 prices Mexico
1960s 393.50 billion international-$ in 2021 prices 318.02 billion international-$ in 2021 prices 75.48 billion international-$ in 2021 prices Mexico
1970s 745.27 billion international-$ in 2021 prices 561.42 billion international-$ in 2021 prices 183.85 billion international-$ in 2021 prices Mexico
1980s 1.14 trillion international-$ in 2021 prices 649.70 billion international-$ in 2021 prices 492.91 billion international-$ in 2021 prices Mexico
1990s 1.37 trillion international-$ in 2021 prices 990.94 billion international-$ in 2021 prices 374.65 billion international-$ in 2021 prices Mexico
2000s 1.87 trillion international-$ in 2021 prices 1.58 trillion international-$ in 2021 prices 288.86 billion international-$ in 2021 prices Mexico
2010s 2.54 trillion international-$ in 2021 prices 1.88 trillion international-$ in 2021 prices 663.84 billion international-$ in 2021 prices Mexico
2020s 2.52 trillion international-$ in 2021 prices 2.05 trillion international-$ in 2021 prices 469.87 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), Mexico or Spain?
Mexico, at 2.60 trillion international-$ in 2021 prices against 2.19 trillion international-$ in 2021 prices in Spain as of 2023.
What is the difference in gross domestic product (gdp) between Mexico and Spain?
403.04 billion international-$ in 2021 prices, with Mexico ahead.
How many years of comparable data are there for Mexico and Spain?
74 years are reported by both, from 1950 to 2023.
How do Mexico and Spain rank globally for gross domestic product (gdp)?
Mexico ranks 14th and Spain ranks 15th 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.