Mexico Real GDP Growth
The Gross Domestic Product (GDP) in Mexico contracted 8.6 % YoY in Sep 2020, following a negative growth of 18.7 % in the previous quarter. Real GDP Growth YoY data in Mexico is updated quarterly, available from Mar 1981 to Sep 2020, with an average rate of 2.7 %. The data reached an all-time high of 10.2 % in Jun 1981 and a record low of -18.7 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. The National Institute of Statistics and Geography provides Real GDP in local currency based on SNA 2008, at 2013 prices. Real GDP Growth prior to Q1 1994 is calculated from Real GDP based on SNA 1993, at 1993 prices.
In the latest reports, Nominal GDP of Mexico reached 213.0 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 0.8 % in Jun 2020. GDP Per Capita in Mexico reached 9,997.4 USD in Dec 2019. Its Gross Savings Rate was measured at 20.7 % in Jun 2020.
View Mexico's Real GDP Growth from Mar 1981 to Sep 2020 in the chart:
What was Mexico's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -8.6 Sep 2020 | -18.7 Jun 2020 | -18.7 Jun 2020 | 10.2 Jun 1981 | % | quarterly | Mar 1981 - Sep 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 Sep 2020 | quarterly | Dec 1980 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,542.691 Sep 2020 | monthly | Jan 1977 - Sep 2020 |
| Tax Revenue (USD mn) | 12,834.989 Nov 2020 | monthly | Jan 1977 - Nov 2020 |
| Tax Revenue: % of GDP (%) | 13.1 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| National Government Debt (USD mn) | 628,712.9 Nov 2020 | monthly | Dec 2005 - Nov 2020 |
| Government Debt: % of GDP (%) | 55.1 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
| Forecast: Government Expenditure (MXN bn) | 7,618.137 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (MXN bn) | 19,367.086 2025 | yearly | 1996 - 2025 |
| Forecast: Government Revenue (MXN bn) | 6,872.163 2025 | yearly | 1990 - 2025 |
| Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
| External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
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