Mexico GDP Growth Rate  1993-2017 | Data | Chart | Calendar | Forecast

The Mexican economy expanded 0.7 percent on quarter in the last three months of 2016, slowing from an upwardly revised 1.1 percent rise in the previous period but higher than 0.6 percent in the preliminary estimate. Services increased more than anticipated and industrial production rose slightly, final figures showed. GDP Growth Rate in Mexico averaged 0.64 percent from 1993 until 2016, reaching an all time high of 2.80 percent in the fourth quarter of 1996 and a record low of -5.40 percent in the first quarter of 1995.

Mexico GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-23 02:00 PM Q3 1% 0.1% 1% 1%
2017-01-31 02:00 PM Q4 0.6% 1% 0.7% 1%
2017-02-22 02:00 PM Q4 0.7% 1.1% 0.6% 0.7%
2017-04-28 01:00 PM Q1 0.7% 0.0% 0.4%
2017-05-22 01:00 PM Q1 0.7%
2017-07-31 01:00 PM Q2 0.66%




Mexico GDP Growth Revised Up to 0.7% In Q4


The Mexican economy expanded 0.7 percent on quarter in the last three months of 2016, slowing from an upwardly revised 1.1 percent rise in the previous period but higher than 0.6 percent in the preliminary estimate. Services increased more than anticipated and industrial production rose slightly, final figures showed.

The services sector increased 0.8 percent, below 1.3 percent in the previous period but better than 0.7 percent in the initial estimate. Industrial production edged up 0.2 percent, higher than 0.1 percent in the third quarter and better than preliminary estimates of a flat reading. In contrast, the agricultural sector shrank 0.3 percent, the first fall in four quarters and compared to a 0.4 percent rise in earlier estimates. 

Year-on-year, the GDP advanced 2.4 percent, also above 2.2 percent in the first estimate and higher than 2.1 percent in the previous quarter. 

Joana Taborda | joana.taborda@tradingeconomics.com
2/22/2017 2:16:44 PM



Mexico GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 1.10 2.80 -5.40 percent [+]
GDP Annual Growth Rate 2.40 2.10 8.50 -8.10 percent [+]
GDP 1143.79 1298.18 1298.18 13.06 USD Billion [+]
GDP Constant Prices 14589507.00 14486419.00 14589507.00 7851846.00 MXN Million [+]
Gross Fixed Capital Formation 3132090.00 3110190.00 3137280.00 1117300.00 MXN Million [+]
GDP per capita 9510.60 9402.57 9510.60 3686.39 USD [+]
GDP per capita PPP 16490.35 16303.04 16490.35 12547.49 USD [+]
GDP From Agriculture 539757.46 384057.54 539757.46 257767.00 MXN Million [+]
GDP From Construction 1133037.00 1059163.00 1133037.00 448928.00 MXN Million [+]
GDP From Manufacturing 2438973.00 2423167.00 2438973.00 1306823.00 MXN Million [+]
GDP From Mining 863806.00 892845.00 1144157.00 839823.00 MXN Million [+]
GDP From Public Administration 526678.93 496127.87 526678.93 413274.00 MXN Million [+]
GDP From Services 9277217.94 8905208.20 9277217.94 4492599.00 MXN Million [+]
GDP From Transport 882542.00 859810.00 882542.00 435372.00 MXN Million [+]
GDP From Utilities 349198.00 360035.00 360035.00 114895.00 MXN Million [+]


Mexico GDP Growth Rate Notes

In Mexico, services account for 62 percent of total GDP. The biggest segments within services are: wholesale and retail trade (16 percent); real estate (10 percent); transport, warehousing and communications (7 percent) and financial services and insurance (6 percent). Industry constitutes 18 percent of output and the largest segments within this sector are: automobile industry (4 percent of total GDP) and food industry (3.8 percent). The remaining share is divided by: construction, water, gas and electricity distribution (8 percent), mining (5 percent), government (4 percent ) and agriculture, forestry, fishing and hunting (3 percent). This page provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.10 2.80 -5.40 1993 - 2016 percent Quarterly



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Mexico 0.70 Dec/16
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United Kingdom 0.70 Dec/16
Canada 0.60 Dec/16
Croatia 0.60 Dec/16
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Portugal 0.60 Dec/16
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Belgium 0.50 Dec/16
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European Union 0.50 Dec/16
South Korea 0.50 Dec/16
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France 0.40 Dec/16
Germany 0.40 Dec/16
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Thailand 0.40 Dec/16
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Japan 0.30 Dec/16
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Serbia 0.20 Dec/16
Tunisia 0.20 Dec/16
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Kenya 0.10 Sep/16
Switzerland 0.10 Dec/16
Belize 0.04 Sep/16
Finland 0.00 Dec/16
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Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.90 Dec/16
Jamaica -1.10 Dec/16
Rwanda -1.10 Dec/16
Greece -1.20 Dec/16
Mozambique -1.70 Dec/16
Namibia -1.70 Dec/16
Senegal -1.70 Sep/16
Indonesia -1.77 Dec/16
Singapore -1.90 Mar/17
Qatar -2.10 Oct/16
Dominican Republic -2.18 Sep/16
Bahrain -2.70 Dec/16
Trinidad And Tobago -3.30 Sep/16