GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mexico

Mexico: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 4.94 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.94 % change on previous year
Change on year
up 10.1%
World rank
70th
of 209 countries
All-time high
139.66 % change on previous year
in 1987
All-time low
1.7 % change on previous year
in 2013
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mexico, 1971–2024

050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Mexico is 4.94 % change on previous year, measured in 2024.

Compared with earlier readings it is up 10.1% on the previous year and up 13.0% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Mexico peaked at 139.66 % change on previous year in 1987 and was at its lowest, 1.7 % change on previous year, in 2013.

Mexico ranks 70th of 209 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.

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mexico, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Mexico, 1971 to 2024.
Year % change on previous year Change
1971 5.88 % change on previous year
1972 6.23 % change on previous year +6.0%
1973 12.85 % change on previous year +106.2%
1974 22.72 % change on previous year +76.8%
1975 15.77 % change on previous year -30.6%
1976 19.56 % change on previous year +24.0%
1977 30.4 % change on previous year +55.4%
1978 16.76 % change on previous year -44.9%
1979 20.23 % change on previous year +20.7%
1980 28.7 % change on previous year +41.9%
1981 26 % change on previous year -9.4%
1982 61.03 % change on previous year +134.7%
1983 90.67 % change on previous year +48.6%
1984 59.11 % change on previous year -34.8%
1985 56.47 % change on previous year -4.5%
1986 73.62 % change on previous year +30.4%
1987 139.66 % change on previous year +89.7%
1988 99.5 % change on previous year -28.8%
1989 26.53 % change on previous year -73.3%
1990 28.13 % change on previous year +6.0%
1991 23.25 % change on previous year -17.3%
1992 14.41 % change on previous year -38.0%
1993 18.56 % change on previous year +28.8%
1994 8.36 % change on previous year -55.0%
1995 38.81 % change on previous year +364.2%
1996 26.7 % change on previous year -31.2%
1997 17.73 % change on previous year -33.6%
1998 15.72 % change on previous year -11.4%
1999 15.32 % change on previous year -2.5%
2000 10.7 % change on previous year -30.2%
2001 6.47 % change on previous year -39.5%
2002 5.5 % change on previous year -15.0%
2003 4.28 % change on previous year -22.2%
2004 8.12 % change on previous year +89.7%
2005 5.89 % change on previous year -27.5%
2006 6.11 % change on previous year +3.8%
2007 6.13 % change on previous year +0.3%
2008 6.31 % change on previous year +3.0%
2009 5.24 % change on previous year -16.9%
2010 4.37 % change on previous year -16.6%
2011 5.67 % change on previous year +29.6%
2012 4.54 % change on previous year -19.9%
2013 1.7 % change on previous year -62.5%
2014 4.37 % change on previous year +156.4%
2015 3.23 % change on previous year -26.2%
2016 6.08 % change on previous year +88.4%
2017 6.57 % change on previous year +8.0%
2018 5.21 % change on previous year -20.7%
2019 4.32 % change on previous year -17.0%
2020 4.62 % change on previous year +7.0%
2021 4.49 % change on previous year -2.9%
2022 6.63 % change on previous year +47.8%
2023 4.48 % change on previous year -32.4%
2024 4.94 % change on previous year +10.1%

Mexico compared with similar countries

  • Mexico's 4.94 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.3× the median. (51 countries reporting)
  • Mexico's 4.94 % change on previous year is above the median for Latin America & Caribbean, which is 3.66 % change on previous year, 1.3× the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +364.2% 8.36 % change on previous year 38.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.71 % change on previous year 5.88 % change on previous year 30.4 % change on previous year 9
1980s 66.13 % change on previous year 26 % change on previous year 139.66 % change on previous year 10
1990s 20.7 % change on previous year 8.36 % change on previous year 38.81 % change on previous year 10
2000s 6.47 % change on previous year 4.28 % change on previous year 10.7 % change on previous year 10
2010s 4.61 % change on previous year 1.7 % change on previous year 6.57 % change on previous year 10
2020s 5.03 % change on previous year 4.48 % change on previous year 6.63 % change on previous year 5

Countries ranked near Mexico

  1. 67 Mozambique 5.07 % change on previous year compare
  2. 68 Ecuador 5.01 % change on previous year compare
  3. 69 Samoa 5.01 % change on previous year compare
  4. 71 Jamaica 4.88 % change on previous year compare
  5. 72 Tonga 4.8 % change on previous year compare
  6. 73 China, mainland 4.74 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Mexico?
Gdp deflator — value standard local currency, 2015 prices, annual in Mexico was 4.94 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Mexico?
The highest recorded value was 139.66 % change on previous year in 1987.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Mexico?
The lowest recorded value was 1.7 % change on previous year in 2013.
How does Mexico rank for gdp deflator — value standard local currency, 2015 prices, annual?
Mexico ranks 70th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Mexico?
Over the last ten years it is up 13.0%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/mexico/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.