GDP growth in Mexico

Mexico: GDP growth was 1.5% in 2024. β—† Volatile

Latest (2024)
1.5%
Change on year
down 55.9%
World rank
158th
of 209 countries
All-time high
9.7%
in 1979
All-time low
-8.4%
in 2020
Years of data
55
1970–2024

GDP growth in Mexico, 1970–2024

-10-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

In 2024, gdp growth in Mexico stood at 1.5%.

The figure is down 55.9% on the previous year and down 41.9% over ten years.

Over the whole period, gdp growth in Mexico peaked at 9.7% in 1979 and was at its lowest, -8.4%, in 2020.

Mexico ranks 158th of 209 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

DecadeAverage LowestHighest Years
1970s 6.4% 3.4% 9.7% 10
1980s 2.2% -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

  1. 155 Trinidad and Tobago 1.7% compare
  2. 156 Slovenia 1.6% compare
  3. 157 Canada 1.5% compare
  4. 159 Australia 1.4% compare
  5. 160 Bolivia 1.4% compare
  6. 161 Tunisia 1.4% compare

See the full ranking of 212 places β†’

More population data for Mexico

All data for Mexico β†’

Frequently asked questions

What is gdp growth in Mexico?
Gdp growth in Mexico was 1.5% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Mexico?
The highest recorded value was 9.7% in 1979.
What is the lowest gdp growth recorded in Mexico?
The lowest recorded value was -8.4% in 2020.
How does Mexico rank for gdp growth?
Mexico ranks 158th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Mexico?
Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Mexico. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/mexico/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release