GDP growth (annual %) (UNESCO Institute) in Mexico

Mexico: GDP growth (annual %) (UNESCO Institute) was 1.5% in 2024. ◆ Volatile

Latest (2024)
1.5%
Change on year
down 55.9%
World rank
160th
of 212 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 160th of 212 countries on this measure, in the bottom quarter.

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

GDP growth (annual %) (UNESCO Institute) in Mexico, year by year

Annual values for GDP growth (annual %) in Mexico, 1970 to 2024.
Year annual % Change
1970 6.5% —
1971 3.8% -42.1%
1972 8.2% +118.7%
1973 7.9% -4.5%
1974 5.8% -26.5%
1975 5.7% -0.6%
1976 4.4% -23.1%
1977 3.4% -23.2%
1978 9.0% +164.2%
1979 9.7% +8.3%
1980 8.8% -9.7%
1981 9.6% +9.5%
1982 -0.0% -100.5%
1983 -4.6% +9224.7%
1984 3.5% -176.0%
1985 1.9% -45.4%
1986 -3.9% -304.8%
1987 2.1% -152.5%
1988 1.2% -41.0%
1989 3.6% +197.6%
1990 5.3% +44.8%
1991 4.0% -24.3%
1992 3.6% -10.2%
1993 2.9% -19.7%
1994 4.4% +53.3%
1995 -5.9% -234.5%
1996 6.2% -205.2%
1997 7.2% +15.8%
1998 6.2% -14.1%
1999 2.8% -55.5%
2000 5.0% +82.5%
2001 -0.5% -109.0%
2002 -0.2% -47.5%
2003 1.2% -601.1%
2004 3.6% +200.7%
2005 2.1% -40.7%
2006 4.8% +127.4%
2007 2.1% -56.8%
2008 0.9% -54.6%
2009 -6.3% -767.3%
2010 5.0% -179.0%
2011 3.4% -30.7%
2012 3.6% +3.2%
2013 0.9% -76.0%
2014 2.5% +193.8%
2015 2.7% +7.9%
2016 1.8% -34.4%
2017 1.9% +5.6%
2018 2.0% +5.4%
2019 -0.4% -119.9%
2020 -8.4% +2027.4%
2021 6.0% -172.4%
2022 3.7% -38.6%
2023 3.3% -11.2%
2024 1.5% -55.9%

Mexico compared with similar countries

  • Mexico's 1.5% is below the median for upper middle income countries, which is 3.3%, 43% of the median. (58 countries reporting)
  • Mexico's 1.5% is below the median for Latin America & Caribbean, which is 3.4%, 43% of the median. (41 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) 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
1983 -9224.7% -0.0% -4.6%
2020 -2027.4% -0.4% -8.4%
2009 -767.3% 0.9% -6.3%
2003 +601.1% -0.2% 1.2%

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. 157 Slovenia 1.6% compare
  2. 158 Central African Republic 1.5% compare
  3. 159 Canada 1.5% compare
  4. 161 Australia 1.4% compare
  5. 162 Bolivia 1.4% compare
  6. 163 Tunisia 1.4% compare

See the full ranking of 212 places →

More population data for Mexico

All data for Mexico →

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 160th out of 212 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 11 November 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