GDP From Services in Mexico decreased to 11652795.25 MXN Million in the third quarter of 2019 from 11775840.09 MXN Million in the second quarter of 2019. GDP From Services in Mexico averaged 8413531.21 MXN Million from 1993 until 2019, reaching an all time high of 12146354.40 MXN Million in the fourth quarter of 2018 and a record low of 5606905.89 MXN Million in the first quarter of 1993. source: Instituto Nacional de Estadística y Geografía (INEGI)

GDP From Services in Mexico is expected to be 11568358.00 MXN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Mexico to stand at 11780976.00 in 12 months time. In the long-term, the Mexico GDP From Services is projected to trend around 12160983.00 MXN Million in 2020, according to our econometric models.

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Mexico GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
11652795.25 11775840.09 12146354.40 5606905.89 1993 - 2019 MXN Million Quarterly
Constant 2013 Prices, NSA

Mexico GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 -0.10 3.20 -5.70 percent [+]
GDP Annual Growth Rate -0.30 -0.90 9.00 -9.10 percent [+]
GDP 1223.81 1158.07 1314.56 13.04 USD Billion [+]
GDP Constant Prices 18552130.00 18549655.00 18593949.00 9736415.00 MXN Million [+]
Gross Fixed Capital Formation 3516287.00 3594507.00 3839384.00 1476961.00 MXN Million [+]
GDP per capita 10385.30 10297.59 10385.30 3907.49 USD [+]
GDP per capita PPP 18101.90 17949.02 18101.90 13452.23 USD [+]
GDP From Agriculture 513035.74 615696.81 698863.42 326544.91 MXN Million [+]
GDP From Construction 1185852.00 1225708.00 1348285.00 616361.00 MXN Million [+]
GDP From Manufacturing 3005713.00 2966388.00 3005713.00 1579762.00 MXN Million [+]
GDP From Mining 853816.00 836714.00 1339290.00 836714.00 MXN Million [+]
GDP From Public Administration 683073.70 727270.63 764241.00 552862.50 MXN Million [+]
GDP From Services 11652795.25 11775840.09 12146354.40 5606905.89 MXN Million [+]
GDP From Transport 1219630.00 1227589.00 1227589.00 557632.00 MXN Million [+]
GDP From Utilities 319650.00 295915.00 319650.00 93738.00 MXN Million [+]