Annual gdp growth in Mexico
Mexico: Annual gdp growth was 3.2 in 2023. ◆ Volatile
Latest (2023)
3.2
Change on year
down 13.3%
World rank
97th
of 211 countries
All-time high
6.05
in 2021
All-time low
-8.35
in 2020
Years of data
24
2000–2023
Annual gdp growth in Mexico, 2000–2023
Source: Our World in Data.
Analysis
Mexico recorded 3.2 for annual gdp growth in 2023.
The figure is down 13.3% on the previous year and up 276.5% over ten years.
Over the whole period, annual gdp growth in Mexico peaked at 6.05 in 2021 and was at its lowest, -8.35, in 2020.
That places Mexico 97th out of 211 countries with data for 2023, putting it 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 | 1.27 | -6.3 | 5.03 | 10 |
| 2010s | 2.32 | -0.39 | 4.97 | 10 |
| 2020s | 1.15 | -8.35 | 6.05 | 4 |
Countries ranked near Mexico
More economy & growth data for Mexico
- External balance on goods and services as a percent of gdp -0.6333 (2025)
- Inflation of consumer prices 3.81 (2025)
- Gdp per capita worldbank constant usd 10,257 (2025)
- Manufacturing value added to gdp 19.98 (2025)
- Gdp worldbank constant usd 1.35 trillion (2025)
- Gdp per capita in international and market dollars 10,257 (2025)
- DEC alternative conversion factor 19.24 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.18 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 61.48 billion current US$ (2025)
- Taxes less subsidies on products 2.35 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Mexico?
- Annual gdp growth in Mexico was 3.2 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Mexico?
- The highest recorded value was 6.05 in 2021.
- What is the lowest annual gdp growth recorded in Mexico?
- The lowest recorded value was -8.35 in 2020.
- How does Mexico rank for annual gdp growth?
- Mexico ranks 97th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Mexico?
- Over the last ten years it is up 276.5%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).