Mexico GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.2

Units In

-0.6

Frequency

Quarterly

Next Release

Aug 22, 2025

Time to Release

2 Months 29 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
13.8 Sep 2020	-17.8 Jun 2020	0.53 %	1993-2025	N/A

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).

Latest Updates

The Mexican GDP expanded by 0.2% from the previous quarter in the first three months of 2025, trimming the 0.6% contraction in the earlier period and aligned with the preliminary estimate, remaining above the initial market expectation of a stall. Growth was solely carried by a 7.8% surge in the output of primary activities, extending the 6.7% expansion in the earlier quarter. On the other hand, slight contractions were noted for industry (-0.1% vs -1.3% in Q4 of 2024) and services (-0.1% vs 1.1%). From the previous year, the Mexican GDP expanded by 0.8% in the first quarter.