Mexico: change in GDP by quarter & sector 2020-2023

Published by Statista Research Department, Jul 21, 2023
As a result of the COVID-19 pandemic, Mexico's gross domestic product (GDP) decreased the most in 2020 in comparison to 2019. As of the first quarter of 2023 the GDP has increased steadily reaching an organic growth, for this the industry that got the most benefited from was culture, sports, and recreational services, which showed an increase of 20.9 percent that period which also had it strongest comeback in the second quarter of 2021. Moreover, the worst hit industry was business services, and waste management and environmental services, which showed a decrease of 10.8 percent.

Change in gross domestic product (GDP) in Mexico from second quarter 2020 to first quarter 2023, by quarter and sector

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Release date

April 2023

Region

Mexico

Survey time period

Q2 2020 - Q1 2023

Special properties

compared to the same quarter of the previous year; preliminary information; seasonally adjusted data; real values

Supplementary notes

* Distribution of gas through pipes to the final consumer.

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