Annual GDP growth in Mexico
Mexico: Annual GDP growth was 1.4% in 2024. ◆ Volatile
Annual GDP growth in Mexico, 1980–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
Mexico recorded 1.4% for annual gdp growth in 2024.
Compared with earlier readings it is down 56.5% on the previous year and down 46.0% over ten years.
Over the whole period, annual gdp growth in Mexico peaked at 9.6% in 1981 and was at its lowest, -8.4%, in 2020.
Mexico ranks 158th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.3% | -4.6% | 9.6% | 10 |
| 1990s | 3.7% | -5.9% | 7.2% | 10 |
| 2000s | 1.3% | -6.3% | 5.0% | 10 |
| 2010s | 2.3% | -0.4% | 5.0% | 10 |
| 2020s | 1.2% | -8.4% | 6.0% | 5 |
Countries ranked near Mexico
More economy & growth data for Mexico
- External balance on goods and services as a percent of GDP -0.6% (2025)
- Inflation of consumer prices 3.8% (2025)
- GDP per capita 10,257 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 20.0% (2025)
- Gross domestic product (GDP) 1.35 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 10,257 constant 2015 US$ (2025)
- DEC alternative conversion factor 19.24 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.18 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 61.48 billion current US$ (2025)
- Taxes less subsidies on products 2.35 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Mexico?
- Annual gdp growth in Mexico was 1.4% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Mexico?
- The highest recorded value was 9.6% in 1981.
- What is the lowest annual gdp growth recorded in Mexico?
- The lowest recorded value was -8.4% in 2020.
- How does Mexico rank for annual gdp growth?
- Mexico ranks 158th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Mexico?
- Over the last ten years it is down 46.0%. The long-run trend across the full record is volatile.
- Where does this Mexico data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.