Mexico GDP Growth Rate  1993-2018 | Data | Chart | Calendar | Forecast

The Mexican economy shrank 0.1 percent on quarter in the three months to June of 2018, reversing from a 1.1 percent growth in the previous period. It is the first contraction since the last quarter of 2015 as both the primary sector and industry declined, preliminary estimates showed. GDP Growth Rate in Mexico averaged 0.60 percent from 1993 until 2018, reaching an all time high of 3.20 percent in the third quarter of 2009 and a record low of -5.70 percent in the first quarter of 1995.

Mexico GDP Growth Rate
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Mexican GDP Contracts 0.1% QoQ in Q2


The Mexican economy shrank 0.1 percent on quarter in the three months to June of 2018, reversing from a 1.1 percent growth in the previous period. It is the first contraction since the last quarter of 2015 as both the primary sector and industry declined, preliminary estimates showed.

The industrial sector declined 0.3 percent, following a 0.9 percent rise in the previous period and the primary sector shrank 2.1 percent after a 0.9 percent expansion in the previous quarter. The services sector grew 0.3 percent, also well below 1.1 percent in the first quarter.

Year-on-year, the economy expanded 2.7 percent, well above 1.3 percent in the previous quarter. It is the strongest growth since the first quarter of 2017.


Joana Taborda | joana.taborda@tradingeconomics.com
7/31/2018 2:08:15 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-30 01:00 PM GDP Growth Rate QoQ Prel 1.1% 0.8% -0.30%
2018-05-23 01:00 PM GDP Growth Rate QoQ Final 1.1% 0.9% 0.95% 0.9%
2018-07-31 01:00 PM GDP Growth Rate QoQ Prel -0.1% 1.1% 1.3%
2018-08-24 01:00 PM GDP Growth Rate QoQ Final 1.1% 1.3%
2018-10-30 02:00 PM GDP Growth Rate QoQ Prel 1.4%
2018-11-23 02:00 PM GDP Growth Rate QoQ Final 1.4%


Mexico GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.10 1.10 3.20 -5.70 percent [+]
GDP Annual Growth Rate 2.70 1.30 9.00 -9.10 percent [+]
GDP 1149.92 1076.91 1314.39 13.04 USD Billion [+]
GDP Constant Prices 18500051.00 18293694.00 18500051.00 9737570.00 MXN Million [+]
Gross Fixed Capital Formation 3849959.74 3729653.04 3849959.74 1475581.33 MXN Million [+]
GDP per capita 9946.16 9871.67 9946.16 3047.11 USD [+]
GDP per capita PPP 17336.47 17206.63 17336.47 10456.94 USD [+]
GDP From Agriculture 564856.27 695814.46 695814.46 326544.91 MXN Million [+]
GDP From Construction 1294645.00 1331383.00 1348313.00 616361.00 MXN Million [+]
GDP From Manufacturing 2868082.00 2892864.00 2905043.00 1579762.00 MXN Million [+]
GDP From Mining 914464.00 900706.00 1339290.00 900706.00 MXN Million [+]
GDP From Public Administration 700814.40 724649.53 727212.69 552862.50 MXN Million [+]
GDP From Services 11305021.43 11826733.38 11826733.38 5606905.89 MXN Million [+]
GDP From Transport 1162121.00 1183707.00 1183707.00 557632.00 MXN Million [+]
GDP From Utilities 249595.00 265810.00 287248.00 93738.00 MXN Million [+]


Mexico GDP Growth Rate

In Mexico, services account for 62 percent of total GDP. The biggest segments within services are: wholesale and retail trade (16 percent); real estate (10 percent); transport, warehousing and communications (7 percent) and financial services and insurance (6 percent). Industry constitutes 18 percent of output and the largest segments within this sector are: automobile industry (4 percent of total GDP) and food industry (3.8 percent). The remaining share is divided by: construction, water, gas and electricity distribution (8 percent), mining (5 percent), government (4 percent ) and agriculture, forestry, fishing and hunting (3 percent). This page provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 1.10 3.20 -5.70 1993 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
Indonesia 4.21 Jun/18
United States 4.10 Jun/18
Turkey 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Australia 1.00 Mar/18
Russia 0.85 Mar/18
Netherlands 0.70 Jun/18
South Korea 0.70 Jun/18
Spain 0.60 Jun/18
Switzerland 0.60 Mar/18
Germany 0.50 Jun/18
Japan 0.50 Jun/18
Brazil 0.40 Mar/18
Euro Area 0.40 Jun/18
United Kingdom 0.40 Jun/18
Canada 0.30 Mar/18
France 0.20 Jun/18
Italy 0.20 Jun/18
Mexico -0.10 Jun/18


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