Price level ratio of PPP conversion factor (GDP) to market exchange in Mexico

Mexico: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.5512 in 2024. ▼ Falling

Latest (2024)
0.5512
Change on year
down 0.9%
World rank
75th
of 202 countries
All-time high
0.6787
in 2002
All-time low
0.4525
in 2016
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Mexico, 1990–2024

00.20.40.61990200720241990: 0.481991: 0.5331992: 0.5821993: 0.6691994: 0.6551995: 0.4681996: 0.4921997: 0.5471998: 0.5421999: 0.5892000: 0.6432001: 0.6772002: 0.6792003: 0.6162004: 0.622005: 0.6542006: 0.6542007: 0.6742008: 0.6712009: 0.5542010: 0.6122011: 0.6182012: 0.5972013: 0.6172014: 0.6052015: 0.5252016: 0.4532017: 0.4712018: 0.4822019: 0.4952020: 0.4572021: 0.4962022: 0.4882023: 0.5562024: 0.551

Source: UNESCO Institute for Statistics.

Analysis

Mexico recorded 0.5512 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

The figure is down 0.9% on the previous year and down 8.9% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Mexico peaked at 0.6787 in 2002 and was at its lowest, 0.4525, in 2016.

That places Mexico 75th out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Mexico, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Mexico, 1990 to 2024.
Year Value Change
1990 0.4798
1991 0.533 +11.1%
1992 0.5815 +9.1%
1993 0.669 +15.0%
1994 0.6552 -2.1%
1995 0.4684 -28.5%
1996 0.4922 +5.1%
1997 0.5468 +11.1%
1998 0.5423 -0.8%
1999 0.5893 +8.7%
2000 0.6428 +9.1%
2001 0.6775 +5.4%
2002 0.6787 +0.2%
2003 0.6161 -9.2%
2004 0.6201 +0.7%
2005 0.654 +5.5%
2006 0.6542 +0.0%
2007 0.6742 +3.1%
2008 0.6711 -0.5%
2009 0.5544 -17.4%
2010 0.6115 +10.3%
2011 0.6176 +1.0%
2012 0.5967 -3.4%
2013 0.6173 +3.4%
2014 0.6052 -2.0%
2015 0.5253 -13.2%
2016 0.4525 -13.9%
2017 0.471 +4.1%
2018 0.482 +2.4%
2019 0.4946 +2.6%
2020 0.4568 -7.6%
2021 0.4963 +8.6%
2022 0.4877 -1.7%
2023 0.5563 +14.1%
2024 0.5512 -0.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5557 0.4684 0.669 10
2000s 0.6443 0.5544 0.6787 10
2010s 0.5474 0.4525 0.6176 10
2020s 0.5096 0.4568 0.5563 5

Countries ranked near Mexico

  1. 72 Belize 0.5585 compare
  2. 73 Czechia 0.5582 compare
  3. 74 Slovakia 0.5542 compare
  4. 76 Saint Vincent and the Grenadines 0.5407 compare
  5. 77 Lithuania 0.5401 compare
  6. 78 Seychelles 0.5373 compare

See the full ranking of 202 places →

More population data for Mexico

All data for Mexico →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Mexico?
Price level ratio of ppp conversion factor (gdp) to market exchange in Mexico was 0.5512 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Mexico?
The highest recorded value was 0.6787 in 2002.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Mexico?
The lowest recorded value was 0.4525 in 2016.
How does Mexico rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Mexico ranks 75th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Mexico?
Over the last ten years it is down 8.9%. The long-run trend across the full record is falling.
Where does this Mexico data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Mexico. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 30 August 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/mexico/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release