Annual growth of imports of goods and services in Mexico
Mexico: Annual growth of imports of goods and services was 2.8% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Mexico, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Mexico stood at 2.8%.
Compared with earlier readings it is down 24.8% on the previous year and down 53.7% over ten years.
Over the whole period, annual growth of imports of goods and services in Mexico peaked at 21.0% in 2000 and was at its lowest, -16.4%, in 2009.
Mexico ranks 100th of 176 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 imports of goods and services in Mexico, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.0% | — |
| 2001 | -0.3% | -101.4% |
| 2002 | 3.6% | -1303.3% |
| 2003 | 3.0% | -16.6% |
| 2004 | 7.0% | +133.6% |
| 2005 | 5.9% | -15.6% |
| 2006 | 7.7% | +30.0% |
| 2007 | 5.7% | -25.6% |
| 2008 | 3.8% | -33.6% |
| 2009 | -16.4% | -530.2% |
| 2010 | 17.1% | -204.4% |
| 2011 | 6.2% | -63.5% |
| 2012 | 5.7% | -9.5% |
| 2013 | 3.6% | -35.8% |
| 2014 | 6.0% | +64.2% |
| 2015 | 5.0% | -16.9% |
| 2016 | 2.5% | -48.9% |
| 2017 | 5.7% | +123.3% |
| 2018 | 5.6% | -0.9% |
| 2019 | -1.1% | -119.3% |
| 2020 | -12.0% | +1010.2% |
| 2021 | 15.8% | -231.4% |
| 2022 | 8.6% | -45.2% |
| 2023 | 3.7% | -57.5% |
| 2024 | 2.8% | -24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -16.4% | 21.0% | 10 |
| 2010s | 5.6% | -1.1% | 17.1% | 10 |
| 2020s | 3.8% | -12.0% | 15.8% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 11.29 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 85.55 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 43.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.25 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0235 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 326.53 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.41 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Mexico?
- Annual growth of imports of goods and services in Mexico was 2.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Mexico?
- The highest recorded value was 21.0% in 2000.
- What is the lowest annual growth of imports of goods and services recorded in Mexico?
- The lowest recorded value was -16.4% in 2009.
- How does Mexico rank for annual growth of imports of goods and services?
- Mexico ranks 100th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Mexico?
- Over the last ten years it is down 53.7%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).