Global Macro Expert
Beta Siller Advisory

Macro

Mexico

Latin America & Caribbean · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 0.1%
Current prices2025
1,833USD bn
GDP per capita▼ 0.7%
Current prices2025
13,741USD
Real GDP growth▼ 0.8 pp
Annual change2025
0.6%
Inflation▼ 0.9 pp
Average consumer prices2025
3.8%
Unemployment■ 0.0 pp
Rate2025
2.6%
Government debt▲ 2.6 pp
General government, gross2025
61.8% of GDP
Current account▲ 0.5 pp
Balance2025
-0.4% of GDP
Population▲ 0.8%
Total2025
133.37million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-8.40.07.21995: -5.9%1996: 6.2%1997: 7.2%1998: 6.2%1999: 2.8%2000: 5.0%2001: -0.5%2002: -0.2%2003: 1.2%2004: 3.6%2005: 2.1%2006: 4.8%2007: 2.1%2008: 0.9%2009: -6.3%2010: 5.0%2011: 3.4%2012: 3.6%2013: 0.9%2014: 2.5%2015: 2.7%2016: 1.8%2017: 1.9%2018: 2.0%2019: -0.4%2020: -8.4%2021: 6.0%2022: 3.7%2023: 3.1%2024: 1.4%2025: 0.6%2026: 1.6% (IMF projection)2027: 2.2% (IMF projection)2028: 2.1% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.035.11995: 35.1%1996: 34.3%1997: 20.6%1998: 15.9%1999: 16.6%2000: 9.5%2001: 6.4%2002: 5.0%2003: 4.6%2004: 4.7%2005: 4.0%2006: 3.6%2007: 4.0%2008: 5.1%2009: 5.3%2010: 4.2%2011: 3.4%2012: 4.1%2013: 3.8%2014: 4.0%2015: 2.7%2016: 2.8%2017: 6.0%2018: 4.9%2019: 3.6%2020: 3.4%2021: 5.7%2022: 7.9%2023: 5.5%2024: 4.7%2025: 3.8%2026: 3.9% (IMF projection)2027: 3.4% (IMF projection)2028: 3.0% (IMF projection)2029: 3.0% (IMF projection)2030: 3.0% (IMF projection)2031: 3.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %6.03.73.11.40.61.62.22.12.02.0
Inflation, average consumer prices %5.77.95.54.73.83.93.43.03.03.0
Unemployment rate %4.13.32.82.72.62.72.82.82.82.8
GDP, current prices USD bn1,3171,4671,7941,8301,8332,1212,2222,3272,4362,549
GDP per capita, current prices USD10,20711,28813,68413,83913,74115,77916,41217,07117,75318,464
GDP per capita, PPP Int. USD20,81422,94824,31625,03925,68226,64327,62128,47029,37030,328
General government gross debt % of GDP56.753.852.859.161.862.763.163.163.363.4
General government net lending/borrowing % of GDP-3.7-4.3-4.3-5.8-4.9-4.4-3.5-3.0-3.0-3.0
Current account balance % of GDP-0.3-1.3-0.7-0.9-0.4-0.4-0.5-0.6-0.7-0.7
Population million128.98129.96131.14132.27133.37134.41135.39136.32137.20138.03

Government debt, % of GDP

General government gross debt
0.063.62000: 38%2001: 37%2002: 40%2003: 42%2004: 39%2005: 37%2006: 36%2007: 36%2008: 41%2009: 42%2010: 40%2011: 41%2012: 41%2013: 44%2014: 47%2015: 51%2016: 55%2017: 53%2018: 52%2019: 52%2020: 58%2021: 57%2022: 54%2023: 53%2024: 59%2025: 62%2026: 63% (IMF projection)2027: 63% (IMF projection)2028: 63% (IMF projection)2029: 63% (IMF projection)2030: 63% (IMF projection)2031: 64% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-2.60.02.42000: -2.5%2001: -2.2%2002: -1.5%2003: -0.5%2004: -0.5%2005: -0.6%2006: -0.3%2007: -0.8%2008: -1.4%2009: -0.8%2010: -0.3%2011: -0.9%2012: -1.4%2013: -2.4%2014: -1.8%2015: -2.6%2016: -2.3%2017: -1.8%2018: -2.1%2019: -0.3%2020: 2.4%2021: -0.3%2022: -1.3%2023: -0.7%2024: -0.9%2025: -0.4%2026: -0.4% (IMF projection)2027: -0.5% (IMF projection)2028: -0.6% (IMF projection)2029: -0.7% (IMF projection)2030: -0.7% (IMF projection)2031: -0.7% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19954.133.321.258.8
20052.933.118.160.0
20153.130.819.860.5
20253.930.620.058.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method13,730USD2025+29.8%
GNI, Atlas method1,812USD bn2025+41.5%
Exports of goods and services39.6% of GDP2025+5.5 pp
Imports of goods and services40.3% of GDP2025+4.0 pp
Life expectancy at birth75.3years2024+1.2%
Urban population80.0% of total2025+2.9 pp

Mexico on the platform

Market data for this country

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)