The Mexican economy expanded 0.9 percent on quarter in the three months to June 2022, slightly below preliminary estimates of a 1.0 percent gain and easing from a 1.0 percent growth in the previous period. All three major sectors, including the primary, manufacturing, and services, expanded 0.9 percent. The country's economy advanced 2.0 percent yearly, following a 1.8 percent gain in the previous period and below a preliminary reading of a 2.1 percent raise. source: Instituto Nacional de Estadística y Geografía (INEGI)
GDP Growth Rate in Mexico averaged 0.54 percent from 1993 until 2022, reaching an all time high of 13.70 percent in the third quarter of 2020 and a record low of -18 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 September of 2022.
GDP Growth Rate in Mexico is expected to be 0.40 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.