Gross domestic product (GDP) per capita in Mexico 2024

The statistic depicts Mexico's gross domestic product (GDP) per capita from 1984 to 2018, with projections up until 2024. The GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator for the economic strength of a country. In 2018, Mexico's GDP per capita amounted to approximately 9,796.98 U.S. dollars. For further information, see Mexico's GDP.

Economy of Mexico

Mexico is the third largest economy in North America and is swiftly becoming a modernized nation with more industrial and service sectors to maintain and promote economic growth nationwide. Mexico is primarily an export-oriented economy and has seen constant growth in regards to the export of goods every year over the past decade, with the exception of 2009. Mexico is also considered to be one of the premier exporters in the world, exporting more goods and services than other export-prominent countries such as Saudi Arabia and India.

Like many other industrial countries worldwide, Mexico experienced an economic downturn during the global financial crisis. Several indicators of Mexico’s economic slump would be a spike in unemployment as well as a significant drop in GDP in 2009. Additionally, inflation rates slightly increased over the course of 2 years. However, Mexico’s economy evidently recovered, in particular with its inflation rate, which reached a decade low, as well as its gross domestic product per capita, which attained decade high values, both in 2014.

Mexico: Gross domestic product (GDP) per capita in current prices from 1984 to 2024

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Source

Release date

October 2019

Region

Mexico

Survey time period

1984 to 2018

Supplementary notes

Due to the high level of uncertainty in current global economic conditions, the IMF does not offer projections for this economic indicator at this time. Data will be updated as soon as they are available.

* Estimate.

For the purpose of clarity, figures have been rounded.

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Statistics on "Mexico"

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