Mexico GDP Growth Rate  1993-2016 | Data | Chart | Calendar | Forecast

The GDP in Mexico expanded 0.8 percent on quarter in the first three months of 2016, higher than 0.5 percent in the previous period, as industrial production and agriculture rebounded and services growth remained robust. GDP Growth Rate in Mexico averaged 0.64 percent from 1993 until 2016, reaching an all time high of 2.90 percent in the first quarter of 1996 and a record low of -6.60 percent in the first quarter of 2009. GDP Growth Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).

Mexico GDP Growth Rate
Receive the next reported value for Mexico GDP Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.50 2.90 -6.60 1993 - 2016 percent Quarterly
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-29 02:00 PM Q4 0.6% 0.8% 0.5% 0.6%
2016-02-23 02:00 PM Q4 0.5% 0.8% 0.6% 0.6%
2016-04-29 01:00 PM Q1 0.8% 0.5% 0.40%
2016-05-20 01:00 PM Q1 0.5% 0.8%
2016-07-29 01:00 PM Q2 0.74%
2016-08-22 01:00 PM Q2

Mexican Economy Expands 0.8% QoQ in Q1


The GDP in Mexico expanded 0.8 percent on quarter in the first three months of 2016, higher than 0.5 percent in the previous period, as industrial production and agriculture rebounded and services growth remained robust.

The services sector remained the main driver of growth, although it expanded at a slower 0.8 percent (0.9 percent in the previous quarter). Industrial output went up 1.5 percent, recovering from a 0.4 percent contraction in the previous three months and agriculture went up 1.2 percent, also recovering from a 1.9 percent fall in the previous period.

On a year-on-year basis, the GDP advanced 2.9 percent, the highest growth rate in three years. The central bank of Mexico lowered its growth forecasts earlier in March by 0.5 percent and expects the economy y to expand between 2-3 percent in 2016.


INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
4/29/2016 5:34:54 PM

Mexico GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.50 2.90 -6.60 percent [+]
GDP Annual Growth Rate 2.90 2.50 8.50 -8.10 percent [+]
GDP 1294.69 1258.77 1294.69 13.06 USD Billion [+]
GDP Constant Prices 14264522.00 14174637.00 14264522.00 7852847.00 MXN Million [+]
Gross Fixed Capital Formation 3077302.00 3127177.00 3127177.00 1117551.00 MXN Million [+]
GDP per capita 8626.20 8548.00 8626.20 3299.03 USD [+]
GDP per capita PPP 16495.80 16290.81 16495.80 12479.33 USD [+]
GDP From Agriculture 520521.00 373644.00 520521.00 257767.00 MXN Million [+]
GDP From Construction 1102888.00 1061334.00 1111414.00 448928.00 MXN Million [+]
GDP From Manufacturing 2391083.00 2394055.00 2394055.00 1306823.00 MXN Million [+]
GDP From Mining 945067.00 958043.00 1144157.00 839823.00 MXN Million [+]
GDP From Public Administration 525429.00 494807.00 525429.00 413274.00 MXN Million [+]
GDP From Services 8962800.00 8591919.00 8962800.00 4492599.00 MXN Million [+]
GDP From Transport 852322.00 830948.00 852322.00 435372.00 MXN Million [+]
GDP From Utilities 346536.00 353194.00 353194.00 114895.00 MXN Million [+]




Last
Mongolia 7.40 Mar/14
Vietnam 7.01 Dec/15
Venezuela 6.80 Dec/13
Bangladesh 6.51 Dec/15
Namibia 6.00 Jun/15
Senegal 5.20 Sep/15
Angola 4.90 Dec/15
Botswana 4.90 Dec/15
United Arab Emirates 4.60 Dec/14
Cape Verde 4.50 Dec/14
Egypt 4.50 Jun/15
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
Saudi Arabia 3.60 Sep/15
Dominican Republic 3.58 Dec/15
Nigeria 3.10 Dec/15
Ireland 2.70 Dec/15
Sri Lanka 2.50 Dec/15
Rwanda 2.35 Dec/15
Uganda 2.10 Dec/15
Philippines 2.00 Dec/15
Peru 1.90 Dec/15
India 1.70 Dec/15
El Salvador 1.55 Dec/15
Cameroon 1.50 Sep/15
Malaysia 1.50 Dec/15
Poland 1.50 Dec/15
Tanzania 1.50 Sep/10
Trinidad And Tobago 1.50 Sep/15
Kenya 1.40 Sep/15
Ukraine 1.40 Dec/15
Ghana 1.30 Dec/15
Sweden 1.30 Dec/15
Kazakhstan 1.26 Dec/13
Malta 1.12 Sep/15
China 1.10 Mar/16
Luxembourg 1.10 Dec/15
Romania 1.10 Dec/15
Costa Rica 1.04 Sep/15
Hungary 1.00 Dec/15
Slovakia 1.00 Dec/15
Israel 0.94 Dec/15
Estonia 0.90 Dec/15
New Zealand 0.90 Dec/15
Paraguay 0.90 Dec/15
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Spain 0.80 Mar/16
Thailand 0.80 Dec/15
Tunisia 0.80 Dec/15
Taiwan 0.76 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Dec/15
Turkey 0.70 Dec/15
Australia 0.60 Dec/15
Colombia 0.60 Dec/15
Euro Area 0.60 Mar/16
Slovenia 0.60 Dec/15
South Africa 0.60 Dec/15
Argentina 0.50 Jun/15
European Union 0.50 Mar/16
France 0.50 Mar/16
United States 0.50 Mar/16
Austria 0.40 Mar/16
Cyprus 0.40 Dec/15
South Korea 0.40 Mar/16
Switzerland 0.40 Dec/15
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Germany 0.30 Dec/15
Netherlands 0.30 Dec/15
Belgium 0.20 Mar/16
Canada 0.20 Dec/15
Hong Kong 0.20 Dec/15
Portugal 0.20 Dec/15
Bahrain 0.10 Dec/15
Chile 0.10 Dec/15
Denmark 0.10 Dec/15
Ecuador 0.10 Dec/15
Finland 0.10 Dec/15
Greece 0.10 Dec/15
Italy 0.10 Dec/15
Uruguay 0.10 Dec/15
Czech Republic 0.00 Dec/15
Mauritius 0.00 Dec/15
Serbia 0.00 Dec/15
Singapore 0.00 Mar/16
Latvia -0.10 Mar/16
Moldova -0.10 Dec/15
Belize -0.25 Dec/15
Japan -0.30 Dec/15
Croatia -0.50 Dec/15
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Iceland -1.10 Dec/15
Jamaica -1.20 Sep/15
Norway -1.20 Dec/15
Brazil -1.40 Dec/15
Indonesia -1.83 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15