Mexico GDP Growth

GDP Growth Rate

Year -

3.23%

In 2023, Mexico experienced a significant a decrease in its GDP growth rate, which fall to 3.23% from 3.95% in 2022. Additionally, the GDP per capita growth rate in Mexico decrease to 2.46% in 2023, compared to 3.30% in 2022.

Mexico GDP Growth

In 2023, Mexico experienced a decrease in economic performance, with the GDP growth rate falling by 0.72%. Additionally, the GDP per capita growth rate decrease by 0.84%.

Mexico Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Mexico Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
19615%5.00%1.72%1.72%
19624.66%-0.34%1.3%-0.42%
19638.11%3.45%4.59%3.29%
196411.91%3.80%8.25%3.66%
19657.1%-4.81%3.58%-4.67%
19666.1%-1.00%2.63%-0.95%
19675.85%-0.25%2.43%-0.20%
19689.42%3.57%5.91%3.48%
19693.42%-6.00%0.14%-5.77%
19706.5%3.08%3.17%3.03%
19713.76%-2.74%0.55%-2.62%
19728.23%4.47%4.9%4.35%
19737.86%-0.37%4.57%-0.33%
19745.78%-2.08%2.59%-1.98%
19755.74%-0.04%2.6%0.01%
19764.42%-1.32%1.38%-1.22%
19773.39%-1.03%0.39%-0.99%
19788.96%5.57%5.79%5.40%
19799.7%0.74%6.62%0.83%
19808.76%-0.94%5.97%-0.65%
19819.59%0.83%7.17%1.20%
1982-0.05%-9.64%-2.06%-9.23%
1983-4.62%-4.57%-6.51%-4.45%
19843.51%8.13%1.53%8.04%
19851.92%-1.59%0.04%-1.49%
1986-3.93%-5.85%-5.63%-5.67%
19872.06%5.99%0.31%5.94%
19881.22%-0.84%-0.5%-0.81%
19893.63%2.41%1.89%2.39%
19905.25%1.62%3.34%1.45%
19913.98%-1.27%1.94%-1.40%
19923.57%-0.41%1.57%-0.37%
19932.87%-0.70%0.9%-0.67%
19944.39%1.52%2.42%1.52%
1995-5.91%-10.30%-7.64%-10.06%
19966.22%12.13%4.34%11.98%
19977.2%0.98%5.36%1.02%
19986.19%-1.01%4.41%-0.95%
19992.76%-3.43%1.08%-3.33%
20005.03%2.27%3.38%2.30%
2001-0.45%-5.48%-1.97%-5.35%
2002-0.24%0.21%-1.74%0.23%
20031.19%1.43%-0.31%1.43%
20043.57%2.38%2.05%2.36%
20052.11%-1.46%0.66%-1.39%
20064.81%2.70%3.39%2.73%
20072.08%-2.73%0.74%-2.65%
20080.94%-1.14%-0.33%-1.07%
2009-6.3%-7.24%-7.45%-7.12%
20104.97%11.27%3.59%11.04%
20113.44%-1.53%1.98%-1.61%
20123.55%0.11%2.12%0.14%
20130.85%-2.70%-0.47%-2.59%
20142.5%1.65%1.24%1.71%
20152.7%0.20%1.51%0.27%
20161.77%-0.93%0.63%-0.88%
20171.87%0.10%0.78%0.15%
20181.97%0.10%1.01%0.23%
2019-0.25%-2.22%-1.11%-2.12%
2020-8.62%-8.37%-9.29%-8.18%
20215.74%14.36%5.15%14.44%
20223.95%-1.79%3.3%-1.85%
20233.23%-0.72%2.46%-0.84%