Mexico vs Spain: GDP, PPP

Mexico
2.89 trillion constant 2021 international $
in 2025
Spain
2.43 trillion constant 2021 international $
in 2025
Mexico rank
13th
Spain rank
15th

GDP, PPP over time

  • Mexico
  • Spain
01.0T2.0T3.0T199020072025

How they compare

Mexico currently reports 2.89 trillion constant 2021 international $ against 2.43 trillion constant 2021 international $ in Spain, a difference of 457.11 billion constant 2021 international $.

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

Across all 36 years both countries report, Mexico has been ahead every year.

Mexico ranks 13th and Spain ranks 15th of 199 countries.

Mexico has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Mexico Spain Difference Ahead
1990s 1.64 trillion constant 2021 international $ 1.35 trillion constant 2021 international $ 293.06 billion constant 2021 international $ Mexico
2000s 2.13 trillion constant 2021 international $ 1.86 trillion constant 2021 international $ 270.75 billion constant 2021 international $ Mexico
2010s 2.55 trillion constant 2021 international $ 2.02 trillion constant 2021 international $ 520.61 billion constant 2021 international $ Mexico
2020s 2.75 trillion constant 2021 international $ 2.23 trillion constant 2021 international $ 519.76 billion constant 2021 international $ Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, ppp, Mexico or Spain?
Mexico, at 2.89 trillion constant 2021 international $ against 2.43 trillion constant 2021 international $ in Spain as of 2025.
What is the difference in gdp, ppp between Mexico and Spain?
457.11 billion constant 2021 international $, with Mexico ahead.
How many years of comparable data are there for Mexico and Spain?
36 years are reported by both, from 1990 to 2025.
How do Mexico and Spain rank globally for gdp, ppp?
Mexico ranks 13th and Spain ranks 15th of 199 countries.
Where does this data come from?
International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Spain: GDP, PPP. Statizoid, drawing on International Comparison Program (ICP), World Bank (WB). Retrieved 21 August 2026, from https://economy.statizoid.com/compare/gdp-ppp-constant-2021-international/mexico/spain/

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About this data

Indicator
GDP, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 8,669 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.