Gross Fixed Capital Formation — Value Standard Local Currency in Mexico
Mexico: Gross Fixed Capital Formation — Value Standard Local Currency was 8.20 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Mexico, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Mexico stood at 8.20 million million SLC. That is the highest value across all 55 years on record.
That represents a change of up 7.5% on the previous year and up 108.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Mexico peaked at 8.20 million million SLC in 2024 and was at its lowest, 123.13 million SLC, in 1971.
Mexico ranks 42nd of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Mexico, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 123.95 million SLC | — |
| 1971 | 123.13 million SLC | -0.7% |
| 1972 | 149.78 million SLC | +21.6% |
| 1973 | 186.42 million SLC | +24.5% |
| 1974 | 250.08 million SLC | +34.1% |
| 1975 | 329.4 million SLC | +31.7% |
| 1976 | 403.24 million SLC | +22.4% |
| 1977 | 507.96 million SLC | +26.0% |
| 1978 | 688.45 million SLC | +35.5% |
| 1979 | 1,004 million SLC | +45.9% |
| 1980 | 1,444 million SLC | +43.8% |
| 1981 | 2,110 million SLC | +46.1% |
| 1982 | 2,934 million SLC | +39.1% |
| 1983 | 4,093 million SLC | +39.5% |
| 1984 | 6,899 million SLC | +68.5% |
| 1985 | 11,806 million SLC | +71.1% |
| 1986 | 20,113 million SLC | +70.4% |
| 1987 | 46,538 million SLC | +131.4% |
| 1988 | 98,120 million SLC | +110.8% |
| 1989 | 120,465 million SLC | +22.8% |
| 1990 | 168,111 million SLC | +39.6% |
| 1991 | 225,284 million SLC | +34.0% |
| 1992 | 280,639 million SLC | +24.6% |
| 1993 | 331,271 million SLC | +18.0% |
| 1994 | 404,840 million SLC | +22.2% |
| 1995 | 395,676 million SLC | -2.3% |
| 1996 | 581,788 million SLC | +47.0% |
| 1997 | 803,898 million SLC | +38.2% |
| 1998 | 1.07 million million SLC | +33.1% |
| 1999 | 1.26 million million SLC | +17.8% |
| 2000 | 1.49 million million SLC | +18.1% |
| 2001 | 1.46 million million SLC | -1.8% |
| 2002 | 1.52 million million SLC | +3.6% |
| 2003 | 1.66 million million SLC | +9.5% |
| 2004 | 1.92 million million SLC | +15.7% |
| 2005 | 2.07 million million SLC | +7.8% |
| 2006 | 2.41 million million SLC | +16.4% |
| 2007 | 2.69 million million SLC | +11.7% |
| 2008 | 3.05 million million SLC | +13.1% |
| 2009 | 2.90 million million SLC | -4.7% |
| 2010 | 3.15 million million SLC | +8.5% |
| 2011 | 3.58 million million SLC | +13.8% |
| 2012 | 3.92 million million SLC | +9.3% |
| 2013 | 3.73 million million SLC | -4.8% |
| 2014 | 3.93 million million SLC | +5.4% |
| 2015 | 4.45 million million SLC | +13.3% |
| 2016 | 4.93 million million SLC | +10.6% |
| 2017 | 5.23 million million SLC | +6.3% |
| 2018 | 5.57 million million SLC | +6.5% |
| 2019 | 5.44 million million SLC | -2.3% |
| 2020 | 4.84 million million SLC | -11.0% |
| 2021 | 5.69 million million SLC | +17.4% |
| 2022 | 6.62 million million SLC | +16.4% |
| 2023 | 7.62 million million SLC | +15.1% |
| 2024 | 8.20 million million SLC | +7.5% |
Mexico compared with similar countries
- Mexico's 8.20 million million SLC is above the median for upper middle income countries, which is 199,742 million SLC, 41.0× the median. (54 countries reporting)
- Mexico's 8.20 million million SLC is above the median for Latin America & Caribbean, which is 21,321 million SLC, 384.4× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency 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.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +131.4% | 20,113 million SLC | 46,538 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 376.69 million SLC | 123.13 million SLC | 1,004 million SLC | 10 |
| 1980s | 31,452 million SLC | 1,444 million SLC | 120,465 million SLC | 10 |
| 1990s | 552,308 million SLC | 168,111 million SLC | 1.26 million million SLC | 10 |
| 2000s | 2.12 million million SLC | 1.46 million million SLC | 3.05 million million SLC | 10 |
| 2010s | 4.39 million million SLC | 3.15 million million SLC | 5.57 million million SLC | 10 |
| 2020s | 6.59 million million SLC | 4.84 million million SLC | 8.20 million million SLC | 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)
- SDRs holdings, US dollar, annual growth rate 4.18 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 124.78 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.7963 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0066 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 91.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.94 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Mexico?
- Gross fixed capital formation — value standard local currency in Mexico was 8.20 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Mexico?
- The highest recorded value was 8.20 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Mexico?
- The lowest recorded value was 123.13 million SLC in 1971.
- How does Mexico rank for gross fixed capital formation — value standard local currency?
- Mexico ranks 42nd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Mexico?
- Over the last ten years it is up 108.5%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).