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Mexico GDP Annual Progress Fee

The Mexican economic system expanded 4.5% year-on-year within the third quarter of 2021, easing from an upwardly revised 19.9% enhance within the earlier interval as low base results fade, and decrease than the preliminary estimate of 4.6%. The commercial sector grew probably the most (5% vs 5.3% within the preliminary estimate), adopted by companies (4.2% vs 4.1%) and first actions (0.6% vs 0.7%). supply: Instituto Nacional de EstadĂ­stica y GeografĂ­a (INEGI)

GDP Annual Progress Fee in Mexico averaged 2.11 % from 1994 till 2021, reaching an all time excessive of 19.60 % within the second quarter of 2021 and a report low of -18.70 % within the second quarter of 2020. This web page supplies – Mexico GDP Annual Progress Fee – precise values, historic information, forecast, chart, statistics, financial calendar and information. Mexico GDP Annual Progress Fee – information, historic chart, forecasts and calendar of releases – was final up to date on November of 2021.

GDP Annual Progress Fee in Mexico is anticipated to be 3.00 % by the tip of this quarter, in accordance with Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Mexico GDP Annual Progress Fee is projected to pattern round 2.70 % in 2022 and a couple of.40 % in 2023, in accordance with our econometric fashions.


Information Stream

Mexico GDP Annual Progress Revised Barely Down in Q3

2021-11-25

Mexico Economic system Grows Lower than Anticipated in Q3

2021-10-29

Mexico GDP Annual Progress Revised Barely Down in Q2

2021-08-25


Mexico GDP Annual Progress Fee

Mexico is the second largest economic system in Latin America. The nation has an export-oriented economic system: greater than 90 % of commerce is underneath free commerce agreements. In Mexico, companies account for 62 % of complete GDP. The most important segments inside companies are: wholesale and retail commerce (16 %); actual property (10 %); transport, warehousing and communications (7 %) and monetary companies and insurance coverage (6 %). Trade constitutes 18 % of output and the most important segments inside this sector are: vehicle business (Four % of complete GDP) and meals business (3.eight %). The remaining share is split by: building, water, gasoline and electrical energy distribution (eight %), mining (5 %), authorities (Four % ) and agriculture, forestry, fishing and looking (Three %).

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