The Mexican GDP rose 1.5% from the previous quarter in the second quarter of 2026, rebounding from a 0.6% contraction in the first quarter of the year. This marks the strongest growth since the first quarter of 2022, exceeding market's expectations of a 1.2% increase. The increase was in line with Bank of Mexico's outlook, that left its interest rate unchanged amid easing inflation over the quarter. Growth was driven by primary activities, which rose 3.3%, while secondary activities expanded 4.6% and the services sector grew 1.5%. Economic activity increased 1.2% from the previous year, marking the strongest yearly expansion since the fourth quarter of 2023, supported mainly by primary activities. source: Instituto Nacional de Estadística y Geografía (INEGI)

The Gross Domestic Product (GDP) in Mexico expanded 1.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Mexico averaged 0.51 percent from 1993 until 2026, reaching an all time high of 15.50 percent in the third quarter of 2020 and a record low of -18.90 percent in the second quarter of 2020. This page provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

The Gross Domestic Product (GDP) in Mexico expanded 1.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Mexico is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico GDP Growth Rate is projected to trend around 0.90 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-22 12:00 PM
QoQ Final
Q1 -0.6% 0.9% -0.8% -0.8%
2026-07-30 12:00 PM
QoQ Prel
Q2 1.5% -0.6% 1.3% 1.1%
2026-08-24 12:00 PM
QoQ Final
Q2 -0.6% 1.5% 1.5%


Related Last Previous Unit Reference
Full Year GDP Growth 0.60 1.50 percent Dec 2025
GDP Growth Rate YoY 2.20 0.20 percent Jun 2026
GDP Constant Prices 25523595.84 25681892.86 MXN Million Mar 2026
GDP from Agriculture 797675.50 993974.00 MXN Million Mar 2026
GDP from Construction 1431267.00 1593564.00 MXN Million Mar 2026
GDP from Manufacturing 5073454.00 5102520.00 MXN Million Mar 2026
GDP from Mining 839710.00 859848.00 MXN Million Mar 2026
GDP from Public Administration 868657.60 886205.90 MXN Million Mar 2026
GDP from Services 15134330.00 15877668.00 MXN Million Mar 2026
GDP from Transport 1857019.00 1920991.00 MXN Million Mar 2026
GDP from Utilities 277342.00 311115.00 MXN Million Mar 2026
GDP Growth Rate 1.50 -0.60 percent Jun 2026
Gross Fixed Capital Formation 5457166.46 5790402.90 MXN Million Mar 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
1.50 -0.60 15.50 -18.90 1993 - 2026 percent Quarterly
SA

News Stream
Mexican GDP Expands Most Since Q1 2022
The Mexican GDP rose 1.5% from the previous quarter in the second quarter of 2026, rebounding from a 0.6% contraction in the first quarter of the year. This marks the strongest growth since the first quarter of 2022, exceeding market's expectations of a 1.2% increase. The increase was in line with Bank of Mexico's outlook, that left its interest rate unchanged amid easing inflation over the quarter. Growth was driven by primary activities, which rose 3.3%, while secondary activities expanded 4.6% and the services sector grew 1.5%. Economic activity increased 1.2% from the previous year, marking the strongest yearly expansion since the fourth quarter of 2023, supported mainly by primary activities.
2026-07-30
Mexican GDP Revised Higher
The Mexican GDP contracted by 0.6% from the previous quarter in the first quarter of 2026, trimming te 0.9% expansion from the final quarter of last year. The result was revised from the preliminary estimate of a 0.8% contraction, but maintained the undershot of market expectations of a 0.5% contraction. The pressure in the GDP was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March. Output contracted 1.7% for primary activities despite the surge in silver and energy prices. Meanwhile, production fell 1.0% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers. In turn, services output fell by 0.4%. The GDP inched higher by 0.2% from the previous year.
2026-05-22
Mexico GDP Contracts More than Expected
The Mexican GDP contracted by 0.8% from the pervious quarter in the first quarter of 2026, erasing the 0.9% expansion from the final quarter of last year to overshoot the expectations that the economy would contract 0.5%. The contraction was in line with projections by the Bank of Mexico, that resumed their interest rate cutting cycle despite the aggressive rebound in inflation from March. Output contracted 1.4% for primary activities despite the surge in silver and energy prices. Meanwhile, production fell 1.1% for the secondary sector as manufacturers continued to adjust to tariffs from the US, cutting a key source of demand for auto producers. In turn, services output fell by 0.6%. The GDP inched higher by 0.1% from the previous year.
2026-04-30