The Mexican economy expanded 1.0 percent on quarter in the first three months of 2022, above preliminary estimates of a 0.9 percent gain and rebounding from a flat reading in the last quarter of 2021. The manufacturing and services sectors increased by 1.2 percent and 1.3 percent, respectively, while the primary sector contracted by 2.0 percent. The country's economy advanced 1.8 percent yearly, following a 1.1 percent gain in the previous period and above a preliminary reading of a 1.6 percent raise. source: Instituto Nacional de Estadística y Geografía (INEGI)
GDP Growth Rate in Mexico averaged 0.53 percent from 1993 until 2022, reaching an all time high of 13.80 percent in the third quarter of 2020 and a record low of -17.80 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 2022.
GDP Growth Rate in Mexico is expected to be 0.10 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 0.50 percent in 2023, according to our econometric models.