Mexico's economic activity rose 1.1% year-on-year in May 2026, matching forecasts but easing from an upwardly revised 2.6% increase in April. The primary sector led growth, expanding 7.6% as agricultural output increased 8.7% and livestock production rose 5.0%. The tertiary sector advanced 1.7%, driven by wholesale trade (8.8%), government activities (4.9%), healthcare and social services (2.9%), and financial services and insurance (2.6%). Meanwhile, the secondary sector contracted 0.7%, as declines in manufacturing (-1.5%), utilities (-0.9%), and construction (-0.3%) outweighed a 3.9% increase in mining. On a monthly basis, economic activity fell 0.3% after rising 1.4% in April. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico

Monthly GDP YoY in Mexico decreased to 1.10 percent in May from 2.60 percent in April of 2026. Monthly GDP YoY in Mexico averaged 1.99 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 July of 2026.

Monthly GDP YoY in Mexico decreased to 1.10 percent in May from 2.60 percent in April of 2026. Monthly GDP YoY in Mexico is expected to be 1.50 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 2.20 percent in 2027 and 1.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-23 12:00 PM
Economic Activity YoY
Apr 2.3% 1.4% 1.9% 0.3%
2026-07-23 12:00 PM
Economic Activity YoY
May 1.1% 2.6% 1.1% 1.1%
2026-08-24 12:00 PM
Economic Activity YoY
Jun 1.1% 1.7%


Related Last Previous Unit Reference
Full Year GDP Growth 0.60 1.50 percent Dec 2025
GDP 1832.64 1830.49 USD Billion Dec 2025
Aggregate Demand 0.30 2.40 percent Mar 2026
Aggregate Demand YoY 5.00 4.50 percent Mar 2026
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
GDP per Capita 10256.69 10284.03 USD Dec 2025
GDP per Capita PPP 22039.63 21917.25 USD Dec 2024
Gross Fixed Capital Formation 5457166.46 5790402.90 MXN Million Mar 2026
Economic Activity MoM -0.30 1.40 percent May 2026
Economic Activity YoY 1.10 2.60 percent May 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
1.10 2.60 27.70 -24.10 1994 - 2026 percent Monthly
NSA

News Stream
Mexico Economic Growth Slows in May
Mexico's economic activity rose 1.1% year-on-year in May 2026, matching forecasts but easing from an upwardly revised 2.6% increase in April. The primary sector led growth, expanding 7.6% as agricultural output increased 8.7% and livestock production rose 5.0%. The tertiary sector advanced 1.7%, driven by wholesale trade (8.8%), government activities (4.9%), healthcare and social services (2.9%), and financial services and insurance (2.6%). Meanwhile, the secondary sector contracted 0.7%, as declines in manufacturing (-1.5%), utilities (-0.9%), and construction (-0.3%) outweighed a 3.9% increase in mining. On a monthly basis, economic activity fell 0.3% after rising 1.4% in April.
2026-07-23
Mexico Economic Activity Growth Beats Forecasts
Mexico’s economic activity rose 2.3% year-on-year in April 2026, beating forecasts of a 1.9% increase and accelerating from a 1.4% rise in March. The primary sector led growth, expanding 4.4%, as agricultural output increased 4.2% and livestock production rose 4.8%. The secondary sector grew 2.3%, supported by stronger construction activity (10.4%) and mining (3.4%). Meanwhile, the tertiary sector advanced 2.2%, with wholesale trade posting the strongest gain at 10.6%. On a month-over-month basis, economic activity rose 1.2%.
2026-06-23
Mexico Economic Activity Grows More Than Expected in March
Mexico’s economic activity rose 1.4% year-on-year in March 2026, beating forecasts of a 0.5% increase and rebounding from a 0.3% contraction in February. The tertiary sector led growth, expanding 2.8%, supported by strong gains in sport, cultural and recreational services (12.3%), public administration activities (11.3%), and wholesale trade (8.2%). The primary sector also grew 2.2%, as agricultural output increased 2% and livestock production rose 2.6%. In contrast, the secondary sector contracted 1.3%, weighed down by declines in construction (-6.2%) and manufacturing (-1%).
2026-05-22