Annual growth of general government final consumption expenditure in Mexico
Mexico: Annual growth of general government final consumption expenditure was 2.11 in 2023. ◆ Volatile
Latest (2023)
2.11
Change on year
up 21.3%
World rank
80th
of 167 countries
All-time high
3.17
in 2011
All-time low
-2.51
in 2001
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Mexico, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Mexico stood at 2.11.
That represents a change of up 21.3% on the previous year and up 163.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Mexico peaked at 3.17 in 2011 and was at its lowest, -2.51, in 2001.
Mexico ranks 80th of 167 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.
Annual growth of general government final consumption expenditure in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.98 | — |
| 2001 | -2.51 | -184.2% |
| 2002 | 0.25 | -110.0% |
| 2003 | 0.03 | -88.0% |
| 2004 | -0.77 | -2666.7% |
| 2005 | 2.41 | -413.0% |
| 2006 | 2.5 | +3.7% |
| 2007 | 1.9 | -24.0% |
| 2008 | 2.75 | +44.7% |
| 2009 | 2.87 | +4.4% |
| 2010 | 2.01 | -30.0% |
| 2011 | 3.17 | +57.7% |
| 2012 | 3 | -5.4% |
| 2013 | 0.8 | -73.3% |
| 2014 | 2.31 | +188.8% |
| 2015 | 1.73 | -25.1% |
| 2016 | 1.88 | +8.7% |
| 2017 | 0.35 | -81.4% |
| 2018 | 3.05 | +771.4% |
| 2019 | -1.74 | -157.0% |
| 2020 | -0.73 | -58.0% |
| 2021 | -0.45 | -38.4% |
| 2022 | 1.74 | -486.7% |
| 2023 | 2.11 | +21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.24 | -2.51 | 2.98 | 10 |
| 2010s | 1.66 | -1.74 | 3.17 | 10 |
| 2020s | 0.6675 | -0.73 | 2.11 | 4 |
Countries ranked near Mexico
- 78 Cyprus 2.17 compare
- 79 Bosnia and Herzegovina 2.12 compare
- 81 New Zealand 2.04 compare
- 82 Maldives 1.95 compare
- 83 Ireland 1.93 compare
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)
- Manufacturing, value added (constant LCU), per capita 39,313 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -1.26 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3056 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,245 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.78 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5.88 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 81,664 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.27 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Mexico?
- Annual growth of general government final consumption expenditure in Mexico was 2.11 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Mexico?
- The highest recorded value was 3.17 in 2011.
- What is the lowest annual growth of general government final consumption expenditure recorded in Mexico?
- The lowest recorded value was -2.51 in 2001.
- How does Mexico rank for annual growth of general government final consumption expenditure?
- Mexico ranks 80th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Mexico?
- Over the last ten years it is up 163.8%. 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 growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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