The Mexican economy expanded 4.5% year-on-year in the third quarter of 2021, easing from an upwardly revised 19.9% increase in the previous period as low base effects fade, and lower than the preliminary estimate of 4.6%. The industrial sector grew the most (5% vs 5.3% in the preliminary estimate), followed by services (4.2% vs 4.1%) and primary activities (0.6% vs 0.7%). source: Instituto Nacional de Estadística y Geografía (INEGI)
GDP Annual Growth Rate in Mexico averaged 2.11 percent from 1994 until 2021, reaching an all time high of 19.60 percent in the second quarter of 2021 and a record low of -18.70 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 December of 2021.
GDP Annual Growth Rate in Mexico is expected to be 3.00 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 2.70 percent in 2022 and 2.40 percent in 2023, according to our econometric models.