Monthly GDP YoY in Mexico decreased to -0.10 percent in November from 1.80 percent in October of 2025. Monthly GDP YoY in Mexico averaged 2.00 percent from 1994 until 2025, 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. source: Instituto Nacional de Estadistica, Geografia e Informatica, Mexico

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
2025-12-22 12:00 PM
Economic Activity YoY
Oct 1.7% 0.8% 1% 0.9%
2026-01-23 12:00 PM
Economic Activity YoY
Nov -0.1% 1.8% 1% 1.5%
2026-02-23 12:00 PM
Economic Activity YoY
Dec -0.1% 2.6%


Related Last Previous Unit Reference
Full Year GDP Growth 0.50 1.50 percent Dec 2025
GDP 1852.72 1793.80 USD Billion Dec 2024
Aggregate Demand 0.70 1.20 percent Sep 2025
Aggregate Demand YoY 1.10 0.00 percent Sep 2025
GDP Growth Rate YoY 1.60 -0.10 percent Dec 2025
GDP Constant Prices 25415333.00 25488536.90 MXN Million Sep 2025
GDP from Agriculture 810014.00 880176.00 MXN Million Sep 2025
GDP from Construction 1456787.00 1517861.00 MXN Million Sep 2025
GDP from Manufacturing 5189936.00 5259553.00 MXN Million Sep 2025
GDP from Mining 841339.00 810790.00 MXN Million Sep 2025
GDP from Public Administration 833812.00 839043.00 MXN Million Sep 2025
GDP from Services 15391570.00 15356787.00 MXN Million Sep 2025
GDP from Transport 1896074.00 1964488.00 MXN Million Sep 2025
GDP from Utilities 331095.00 305800.00 MXN Million Sep 2025
GDP Growth Rate 0.80 -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 5743508.00 5791508.00 MXN Million Sep 2025
Economic Activity MoM -0.20 1.00 percent Nov 2025
Economic Activity YoY -0.10 1.80 percent Nov 2025


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
-0.10 1.80 27.70 -24.10 1994 - 2025 percent Monthly
NSA

News Stream
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
Mexico Economic Activity Beats Forecasts in October
Mexico’s economic activity index rose 1.7% year-on-year in October 2025, accelerating from a 0.8% increase in September and beating market expectations of a 1.0% rise. The primary sector led gains, expanding 12.4%, driven by a 19.1% surge in agriculture and a 3.1% increase in livestock activity. The services sector grew 2.4%, supported by business support, waste management and remediation services (9.3%), professional and technical services (7.6%), and culture, sports and other recreational services (6.4%). In contrast, the secondary sector contracted 0.4%, reflecting declines in manufacturing (-1.3%) and mining (-0.7%). On a seasonally adjusted monthly basis, activity rose 1.0%, rebounding from a 0.4% fall in September.
2025-12-22
Mexico Economic Activity Rebounds in September
Mexico’s economic activity index rose 0.7% year-on-year in September 2025, rebounding from a 0.5% contraction in August but slightly below expectations of a 0.8% increase. The primary sector posted the strongest gain at 8.2%, amid a 12.8% rise in agriculture and a 2.3% increase in livestock activity. The tertiary sector grew 2%, supported by business support, waste management, and remediation services (9.2%), professional and technical services (8.7%), and health care and social assistance (6.1%). In contrast, the secondary sector fell 2.4%, with declines across construction (-7.9%), mining (-3.1%), manufacturing (-0.8%), and utilities (-0.1%). On a seasonally adjusted monthly basis, activity contracted 0.6%, reversing a 0.4% gain in August.
2025-11-21