Annual GDP growth in Mexico
Mexico: Annual GDP growth was 1.4% in 2024. ◆ Volatile
Latest (2024)
1.4%
Change on year
down 57.4%
World rank
147th
of 196 countries
All-time high
6.0%
in 2021
All-time low
-8.4%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Mexico, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Mexico stood at 1.4%.
Compared with earlier readings it is down 57.4% on the previous year and down 43.0% over ten years.
Over the whole period, annual gdp growth in Mexico peaked at 6.0% in 2021 and was at its lowest, -8.4%, in 2020.
Mexico ranks 147th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -6.3% | 5.0% | 10 |
| 2010s | 2.3% | -0.4% | 5.0% | 10 |
| 2020s | 1.2% | -8.4% | 6.0% | 5 |
Countries ranked near Mexico
More economy & growth data for Mexico
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.43 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.06 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 2.57 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0665 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 923.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 7.8 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 1.28 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 17,775 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0406 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 24.61 (2025)
Frequently asked questions
- What is annual gdp growth in Mexico?
- Annual gdp growth in Mexico was 1.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Mexico?
- The highest recorded value was 6.0% in 2021.
- What is the lowest annual gdp growth recorded in Mexico?
- The lowest recorded value was -8.4% in 2020.
- How does Mexico rank for annual gdp growth?
- Mexico ranks 147th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Mexico?
- Over the last ten years it is down 43.0%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).