Mexico GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Mexico expanded 1.80 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Mexico averaged 2.58 Percent from 1994 until 2014, reaching an all time high of 8.50 Percent in the second quarter of 1997 and a record low of -8.10 Percent in the second quarter of 1995. GDP Annual Growth Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).
||1994 - 2014
Mexico is the second largest economy in Latin America. The service sector is the most important and accounts for 62 percent of total GDP. The biggest segments within services are: wholesale and retail trade (16 percent of total GDP); real estate (10 percent); transport, warehousing and communications (7 percent) and financial services and insurance (6 percent). Industry constitutes 18 percent of the output and the largest segments within this sector are: automobile industry (4 percent of total GDP) and food industry (3.8 percent). Construction, water, gas and electricity distribution creates 8 percent of the wealth and mining 5 percent. The government fuels 4 percent of the GDP and the agriculture, forestry, fishing and hunting sector accounts for the remaining 3 percent of the output. This page provides - Mexico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.