Chemicals in Mexico
Mexico: Chemicals was 7.2% in 2024. ▼ Falling
Chemicals in Mexico, 1984–2024
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for chemicals in Mexico is 7.2%, measured in 2024. That is the lowest value across all 41 years on record.
That represents a change of down 1.8% on the previous year and down 27.9% over ten years.
Over the whole period, chemicals in Mexico peaked at 18.8% in 2005 and was at its lowest, 7.2%, in 2024.
That places Mexico 82nd out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Chemicals in Mexico, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1984 | 17.5% | — |
| 1985 | 17.6% | +0.8% |
| 1986 | 18.5% | +5.2% |
| 1987 | 18.3% | -1.2% |
| 1988 | 18.2% | -0.7% |
| 1989 | 11.8% | -35.0% |
| 1990 | 17.6% | +48.5% |
| 1991 | 17.0% | -3.1% |
| 1992 | 16.9% | -0.9% |
| 1993 | 16.6% | -1.6% |
| 1994 | 14.8% | -11.1% |
| 1995 | 16.5% | +12.1% |
| 1996 | 15.7% | -5.1% |
| 1997 | 15.6% | -0.4% |
| 1998 | 15.3% | -2.0% |
| 1999 | 15.7% | +2.3% |
| 2000 | 15.4% | -2.0% |
| 2001 | 16.5% | +7.4% |
| 2002 | 17.2% | +4.1% |
| 2003 | 14.5% | -15.8% |
| 2004 | 18.6% | +28.7% |
| 2005 | 18.8% | +0.9% |
| 2006 | 18.5% | -1.4% |
| 2007 | 17.4% | -6.1% |
| 2008 | 17.5% | +0.4% |
| 2009 | 12.0% | -31.4% |
| 2010 | 11.2% | -6.3% |
| 2011 | 12.0% | +6.7% |
| 2012 | 11.6% | -3.0% |
| 2013 | 11.2% | -3.3% |
| 2014 | 9.9% | -11.6% |
| 2015 | 8.5% | -14.8% |
| 2016 | 8.8% | +3.5% |
| 2017 | 8.4% | -3.9% |
| 2018 | 8.3% | -1.8% |
| 2019 | 7.9% | -4.0% |
| 2020 | 8.0% | +0.7% |
| 2021 | 7.7% | -3.6% |
| 2022 | 7.6% | -1.9% |
| 2023 | 7.3% | -3.5% |
| 2024 | 7.2% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.0% | 11.8% | 18.5% | 6 |
| 1990s | 16.2% | 14.8% | 17.6% | 10 |
| 2000s | 16.6% | 12.0% | 18.8% | 10 |
| 2010s | 9.8% | 7.9% | 12.0% | 10 |
| 2020s | 7.5% | 7.2% | 8.0% | 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)
- Gross capital formation (current US$), annual growth rate -5.3 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2261 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,140 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.4705 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 4.35 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 60,415 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -6.35 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1618 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is chemicals in Mexico?
- Chemicals in Mexico was 7.2% in 2024, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Mexico?
- The highest recorded value was 18.8% in 2005.
- What is the lowest chemicals recorded in Mexico?
- The lowest recorded value was 7.2% in 2024.
- How does Mexico rank for chemicals?
- Mexico ranks 82nd out of 153 countries with data for 2024.
- Is chemicals rising or falling in Mexico?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is falling.
- Where does this Mexico data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).