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. source: Instituto Nacional de Estadística y Geografía (INEGI)
The Gross Domestic Product (GDP) in Mexico expanded 0.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Mexico averaged 2.00 percent from 1994 until 2026, reaching an all time high of 22.70 percent in the second quarter of 2021 and a record low of -20.30 percent in the second quarter of 2020. This page provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
The Gross Domestic Product (GDP) in Mexico expanded 0.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Mexico is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico GDP Annual Growth Rate is projected to trend around 2.20 percent in 2027 and 2.00 percent in 2028, according to our econometric models.