Latin America & Caribbean
Mexico GDP
Gross Domestic Product in current US dollars.
Latest Value
$1.86T
As of 2024
YoY Change
+3.2%
2023 → 2024
Record High
$1.86T
Recorded in 2024
Record Low
$13.04B
Recorded in 1960
10-Year Average
$1.36T
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
1960 – 2024
Analysis
Mexico's GDP of 1,856,370,000,000 current US$ in 2024 indicates a significant economy with a diverse range of industries, including manufacturing, services, and agriculture. The country's strategic location and large population contribute to its economic performance. Mexico's economy is also heavily influenced by its trade relationships, particularly with the United States.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $1.86T | $58.05B | +3.2% |
| 2023 | $1.80T | $331.38B | +22.6% |
| 2022 | $1.47T | $150.37B | +11.4% |
| 2021 | $1.32T | $195.50B | +17.4% |
| 2020 | $1.12T | $183.04B | -14.0% |
| 2019 | $1.30T | $47.81B | +3.8% |
| 2018 | $1.26T | $65.58B | +5.5% |
| 2017 | $1.19T | $78.49B | +7.1% |
| 2016 | $1.11T | $101.06B | -8.3% |
| 2015 | $1.21T | $151.21B | -11.1% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Latin America & Caribbean · GDP
