Real gdp growth, annual growth rate in Mexico

Mexico: Real gdp growth, annual growth rate was -56.52 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-56.52 % change on previous year
Change on year
down 247.7%
World rank
178th
of 196 countries
All-time high
600.42 % change on previous year
in 2003
All-time low
-767.55 % change on previous year
in 2009
Years of data
42
1981–2024

Real gdp growth, annual growth rate in Mexico, 1981–2024

-1.0k-50005001981200220241981: 1.1 % change on previous year1982: -100.5 % change on previous year1984: 176 % change on previous year1985: -45.4 % change on previous year1986: -304.8 % change on previous year1987: 152.5 % change on previous year1988: -41 % change on previous year1989: 197.6 % change on previous year1990: 44.8 % change on previous year1991: -24.3 % change on previous year1992: -10.2 % change on previous year1993: -19.7 % change on previous year1994: 53.3 % change on previous year1995: -234.5 % change on previous year1996: 205.2 % change on previous year1997: 15.8 % change on previous year1998: -14.1 % change on previous year1999: -55.5 % change on previous year2000: 82.5 % change on previous year2001: -109 % change on previous year2002: 47.5 % change on previous year2003: 600.4 % change on previous year2004: 200.6 % change on previous year2005: -40.7 % change on previous year2006: 127.4 % change on previous year2007: -56.8 % change on previous year2008: -54.6 % change on previous year2009: -767.5 % change on previous year2010: 179 % change on previous year2011: -30.7 % change on previous year2012: 3.2 % change on previous year2013: -76 % change on previous year2014: 193.9 % change on previous year2015: 7.9 % change on previous year2016: -34.4 % change on previous year2017: 5.6 % change on previous year2018: 5.3 % change on previous year2019: -119.9 % change on previous year2021: 172.4 % change on previous year2022: -38.7 % change on previous year2023: -16.3 % change on previous year2024: -56.5 % change on previous year

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

Analysis

The most recent figure for real gdp growth, annual growth rate in Mexico is -56.52 % change on previous year, measured in 2024.

Compared with earlier readings it is down 247.7% on the previous year and down 129.1% over ten years.

Over the whole period, real gdp growth, annual growth rate in Mexico peaked at 600.42 % change on previous year in 2003 and was at its lowest, -767.55 % change on previous year, in 2009.

Mexico ranks 178th of 196 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Mexico, year by year

Annual values for Real gdp growth, annual growth rate in Mexico, 1981 to 2024.
Year % change on previous year Change
1981 1.1 % change on previous year —
1982 -100.52 % change on previous year -9264.9%
1984 175.97 % change on previous year -275.1%
1985 -45.37 % change on previous year -125.8%
1986 -304.79 % change on previous year +571.7%
1987 152.49 % change on previous year -150.0%
1988 -40.96 % change on previous year -126.9%
1989 197.62 % change on previous year -582.5%
1990 44.83 % change on previous year -77.3%
1991 -24.27 % change on previous year -154.1%
1992 -10.24 % change on previous year -57.8%
1993 -19.67 % change on previous year +92.2%
1994 53.26 % change on previous year -370.8%
1995 -234.5 % change on previous year -540.3%
1996 205.21 % change on previous year -187.5%
1997 15.78 % change on previous year -92.3%
1998 -14.09 % change on previous year -189.3%
1999 -55.46 % change on previous year +293.7%
2000 82.54 % change on previous year -248.8%
2001 -108.97 % change on previous year -232.0%
2002 47.45 % change on previous year -143.5%
2003 600.42 % change on previous year +1165.4%
2004 200.59 % change on previous year -66.6%
2005 -40.73 % change on previous year -120.3%
2006 127.4 % change on previous year -412.8%
2007 -56.75 % change on previous year -144.5%
2008 -54.62 % change on previous year -3.8%
2009 -767.55 % change on previous year +1305.3%
2010 178.97 % change on previous year -123.3%
2011 -30.72 % change on previous year -117.2%
2012 3.16 % change on previous year -110.3%
2013 -76.02 % change on previous year -2502.0%
2014 193.9 % change on previous year -355.1%
2015 7.91 % change on previous year -95.9%
2016 -34.42 % change on previous year -535.3%
2017 5.64 % change on previous year -116.4%
2018 5.34 % change on previous year -5.3%
2019 -119.93 % change on previous year -2345.1%
2021 172.4 % change on previous year -243.7%
2022 -38.66 % change on previous year -122.4%
2023 -16.25 % change on previous year -58.0%
2024 -56.52 % change on previous year +247.7%

Biggest year-on-year movements

Years where Real gdp growth, annual growth rate 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
1982 -9264.9% 1.1 % change on previous year -100.52 % change on previous year
2013 -2502.0% 3.16 % change on previous year -76.02 % change on previous year
2019 -2345.1% 5.34 % change on previous year -119.93 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.44 % change on previous year -304.79 % change on previous year 197.62 % change on previous year 8
1990s -3.91 % change on previous year -234.5 % change on previous year 205.21 % change on previous year 10
2000s 2.98 % change on previous year -767.55 % change on previous year 600.42 % change on previous year 10
2010s 13.38 % change on previous year -119.93 % change on previous year 193.9 % change on previous year 10
2020s 15.24 % change on previous year -56.52 % change on previous year 172.4 % change on previous year 4

Countries ranked near Mexico

  1. 175 Serbia, Republic of -48.61 % change on previous year compare
  2. 176 Korea -49.75 % change on previous year compare
  3. 177 Guyana -55.89 % change on previous year compare
  4. 179 Dominican Republic -57.27 % change on previous year compare
  5. 180 Slovak Republic -58.38 % change on previous year compare
  6. 181 Fiji, Republic of -62.49 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Mexico

All data for Mexico →

Frequently asked questions

What is real gdp growth, annual growth rate in Mexico?
Real gdp growth, annual growth rate in Mexico was -56.52 % change on previous year in 2024, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Mexico?
The highest recorded value was 600.42 % change on previous year in 2003.
What is the lowest real gdp growth, annual growth rate recorded in Mexico?
The lowest recorded value was -767.55 % change on previous year in 2009.
How does Mexico rank for real gdp growth, annual growth rate?
Mexico ranks 178th out of 196 countries with data for 2024.
Is real gdp growth, annual growth rate rising or falling in Mexico?
Over the last ten years it is down 129.1%. 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 Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Mexico. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/mexico/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. 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
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.