Mexico’s economic activity index fell 0.3% year-on-year in January 2026, following a 3.3% expansion in the prior month and marking the strongest drop since August 2025. The secondary sector led losses, falling 1.1%, driven by a 3% contraction in manufacturing. Services increased 0.1%, supported by a 3.8% rise in healthcare and social security activities. Meanwhile, the primary sector expanded 1.6%, as livestock activity advanced 3.5% and agriculture rose 0.8%. On a seasonally adjusted monthly basis, economic activity fell 0.9%, following a 0.2% rise in December. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico

Monthly GDP YoY in Mexico decreased to -0.30 percent in January from 3.30 percent in December of 2025. Monthly GDP YoY in Mexico averaged 2.00 percent from 1994 until 2026, reaching an all time high of 27.70 percent in May of 2021 and a record low of -24.10 percent in May of 2020. This page includes a chart with historical data for Mexico Economic Activity YoY. Mexico Economic Activity YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Monthly GDP YoY in Mexico decreased to -0.30 percent in January from 3.30 percent in December of 2025. Monthly GDP YoY in Mexico is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Economic Activity YoY is projected to trend around 1.70 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-23 12:00 PM
Economic Activity YoY
Dec 3.3% -0.1% 2.6% 2.6%
2026-03-24 12:00 PM
Economic Activity YoY
Jan -0.3% 3.3% 1.6% 2.3%
2026-04-24 12:00 PM
Economic Activity YoY
Feb -0.3%


Related Last Previous Unit Reference
Full Year GDP Growth 0.60 1.50 percent Dec 2025
GDP 1852.72 1793.80 USD Billion Dec 2024
Aggregate Demand 2.40 0.70 percent Dec 2025
Aggregate Demand YoY 4.50 1.10 percent Dec 2025
GDP Growth Rate YoY 1.80 -0.10 percent Dec 2025
GDP Constant Prices 25726611.61 25506365.19 MXN Million Dec 2025
GDP from Agriculture 994262.00 808625.00 MXN Million Dec 2025
GDP from Construction 1592660.00 1456198.00 MXN Million Dec 2025
GDP from Manufacturing 5109852.00 5191505.00 MXN Million Dec 2025
GDP from Mining 859843.00 841235.00 MXN Million Dec 2025
GDP from Public Administration 886572.00 833835.00 MXN Million Dec 2025
GDP from Services 15851536.00 15408887.00 MXN Million Dec 2025
GDP from Transport 1911561.00 1899356.00 MXN Million Dec 2025
GDP from Utilities 311108.00 331119.00 MXN Million Dec 2025
GDP Growth Rate 0.90 -0.30 percent Dec 2025
GDP per Capita 10313.49 10253.53 USD Dec 2024
GDP per Capita PPP 22033.27 21905.18 USD Dec 2024
Gross Fixed Capital Formation 5790402.90 5748012.21 MXN Million Dec 2025
Economic Activity MoM -0.90 0.20 percent Jan 2026
Economic Activity YoY -0.30 3.30 percent Jan 2026


Mexico Economic Activity YoY
In Mexico, the overall index of economic activity measures the evolution of the real sector of the economy, in the short term, providing valuable information for decision-making.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 3.30 27.70 -24.10 1994 - 2026 percent Monthly
NSA

News Stream
Mexico Economic Activity Index Falls in January
Mexico’s economic activity index fell 0.3% year-on-year in January 2026, following a 3.3% expansion in the prior month and marking the strongest drop since August 2025. The secondary sector led losses, falling 1.1%, driven by a 3% contraction in manufacturing. Services increased 0.1%, supported by a 3.8% rise in healthcare and social security activities. Meanwhile, the primary sector expanded 1.6%, as livestock activity advanced 3.5% and agriculture rose 0.8%. On a seasonally adjusted monthly basis, economic activity fell 0.9%, following a 0.2% rise in December.
2026-03-24
Mexico Economy Posts Strongest Growth Since July 2024
Mexico’s economic activity index rose 3.3% year-on-year in December 2025, rebounding from a 0.1% decline in the prior month and marking the strongest expansion since July 2024. The primary sector led gains, surging 11.4%, driven by a 14.8% jump in agriculture, while livestock activity grew 3.2%. Services increased 3.2%, supported by a 17.1% rise in cultural, sports and other recreational activities. Meanwhile, the secondary sector expanded 2.4%, as construction advanced 6.6% and utilities rose 3.9%. On a seasonally adjusted monthly basis, economic activity grew 0.4%, following a 0.1% drop in November.
2026-02-23
Mexico Economic Activity Turns Negative in November
Mexico’s economic activity index slipped 0.1% year-on-year in November 2025, reversing a 1.7% expansion in October. The secondary sector contracted 0.8%, dragged down by declines in manufacturing (-2.2%) and mining (-1.0%). The services sector posted a modest 0.2% increase, as strong gains in waste management (11.0%), sports, cultural and recreational services (7.4%), healthcare and social services (5.7%), and retail trade (3.9%) offset weakness in wholesale trade (-6.7%), transport, mail and warehousing (-2.7%), restaurants and lodging (-2.3%), and public administration (-0.1%). Meanwhile, the primary sector expanded 1.3%, supported by higher animal farming (2.6%) and agricultural output (0.9%). On a seasonally adjusted monthly basis, economic activity fell 0.2% after a 1.0% rise in October.
2026-01-23