Mexico GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1,856.37

Source: world bank Nominal/PPP
Summary:

Mexico GDP Per Capita expanded from 1960 to 2024, increasing from $13.04 to $1,856.37 .The compound annual growth rate (CAGR) averaged 8.06% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 48.99%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Mexico 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 1,856.37 dollars$ 3,368.18 Int dollars
Growth (YoY)3.228%4.189%
Net Change vs Previous Year$ 58.05 dollars$ 135.43 Int dollars
% of World GDP Per Capita1.67%1.70%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Mexico GDP | Mexico GDP Growth

Mexico Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196013.04-----
196114.161.128.589 %---
196215.21.047.345 %---
196316.961.7611.579 %---
196420.083.1218.396 %---
196521.841.768.765 %---
196624.322.4811.355 %---
196726.562.249.211 %---
196829.362.810.542 %---
196932.483.1210.627 %---
197035.523.049.36 %---
197139.23.6810.36 %---
197245.2615.306 %---
197355.2810.0822.301 %---
19747216.7230.246 %---
1975881622.222 %---
197688.880.880.995 %---
197781.91-6.96-7.836 %---
1978102.6520.7425.316 %---
1979134.5331.8831.06 %---
1980205.5871.0552.809 %---
1981263.858.2228.321 %---
1982184.6-79.2-30.021 %---
1983156.17-28.44-15.404 %---
1984184.2328.0617.971 %---
1985195.2411.015.976 %---
1986134.56-60.69-31.082 %---
1987147.5412.999.652 %---
1988181.6134.0723.09 %---
1989221.439.7921.911 %---
1990261.2539.8517.999 %710.45--
1991313.1451.8919.86 %766.5456.097.896 %
1992363.1650.0215.973 %814.8548.316.302 %
1993530.1616745.986 %792.46-22.38-2.747 %
1994553.6223.464.425 %844.9552.496.623 %
1995380.16-173.46-31.332 %811.68-33.27-3.937 %
1996432.165213.679 %877.9466.268.163 %
1997523.4591.2921.125 %957.3779.439.047 %
1998557.4634.016.497 %1028.0370.667.38 %
1999631.2573.7913.236 %1071.2443.214.203 %
2000742.06110.8117.554 %1154.3583.117.758 %
2001796.07547.278 %1175.0420.691.792 %
2002810.6714.61.834 %1194.419.361.648 %
2003765.55-45.12-5.565 %1242.5648.164.032 %
2004819.4653.917.042 %1321.478.846.345 %
2005917.5798.1111.973 %1403.0981.696.182 %
20061020.27102.711.192 %1559.65156.5611.158 %
20071102.3682.098.046 %1635.0875.434.836 %
20081161.5559.195.369 %1730.7395.655.85 %
2009943.44-218.11-18.778 %1701.57-29.16-1.685 %
20101105.42161.9817.169 %1807.63106.066.233 %
20111229.01123.5911.18 %1989.89182.2610.083 %
20121255.1126.12.124 %2103.29113.45.699 %
20131327.4472.335.763 %2150.3347.042.236 %
20141364.5137.072.793 %2254.44104.114.842 %
20151213.29-151.22-11.082 %2309.555.062.442 %
20161112.23-101.06-8.329 %2457.81148.316.422 %
20171190.7278.497.057 %2528.3170.52.868 %
20181256.365.585.508 %2606.2777.963.083 %
20191304.1147.813.806 %2636.5330.261.161 %
20201121.06-183.05-14.036 %2454.08-182.45-6.92 %
20211316.57195.5117.44 %2652.86198.788.1 %
20221466.93150.3611.421 %3007.9355.0413.383 %
20231798.32331.3922.591 %3232.75224.857.475 %
20241856.3758.053.228 %3368.18135.434.189 %

Mexico Economic Phases (1960 - 2024)

From 1960 to 2024, Mexico economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1975) indicating robust economic expansion
  • High Growth (1978–1981) indicating robust economic expansion
  • Crisis (1982–1983) indicating severe economic downturn
  • High Growth (1984–1985) indicating robust economic expansion
  • High Growth (1987–1993) indicating robust economic expansion
  • High Growth (1996–2001) indicating robust economic expansion
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2023) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1980 with an increase of 52.809%, while the largest decline was in 1995 at -31.332%.