Mexico
- Capital
- Mexico City
- Region
- Latin America & Caribbean
- Income group
- Upper middle income
- Population
- 132 million (2025)
At a glance
- Prices in Mexico rose 3.8% in 2025, faster than in most countries.
- Mexico's economy grew 0.6% in 2025, slower than most economies.
- Output per person in Mexico was US$13,889 in 2025, higher than in most countries.
- 2.7% of Mexico's labour force had no job in 2025, a lower share than in most countries.
- Mexico's central government owed 50.3% of GDP in 2024, close to the middle of the range worldwide.
- Mexico had 132 million people in 2025: about 1.6% of everyone on Earth, the 11th largest population of 217 countries and territories.
- Mexico had a current account deficit of 0.5% of GDP in 2025, close to the middle of the range worldwide.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2025 | 3.8% | 3.0% |
| 2024 | 4.7% | 3.0% |
| 2023 | 5.5% | 5.7% |
| 2022 | 7.9% | 8.0% |
| 2021 | 5.7% | 3.5% |
| 2020 | 3.4% | 1.9% |
| 2019 | 3.6% | 2.2% |
| 2018 | 4.9% | 2.5% |
| 2017 | 6.0% | 2.3% |
| 2016 | 2.8% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2025 | 0.6% | 3.4% |
| 2024 | 1.4% | 3.4% |
| 2023 | 3.1% | 3.2% |
| 2022 | 3.7% | 4.3% |
| 2021 | 6.1% | 5.1% |
| 2020 | −8.4% | −3.8% |
| 2019 | −0.4% | 2.8% |
| 2018 | 2.0% | 3.2% |
| 2017 | 1.9% | 3.3% |
| 2016 | 1.8% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2025 | US$13,889 | US$7,882 |
| 2024 | US$13,988 | US$7,853 |
| 2023 | US$13,831 | US$7,862 |
| 2022 | US$11,406 | US$7,656 |
| 2021 | US$10,314 | US$7,269 |
| 2020 | US$8,841 | US$6,433 |
| 2019 | US$10,370 | US$7,037 |
| 2018 | US$10,085 | US$6,978 |
| 2017 | US$9,649 | US$6,548 |
| 2016 | US$9,098 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2025 | 2.7% | 5.1% |
| 2024 | 2.7% | 5.1% |
| 2023 | 2.8% | 5.2% |
| 2022 | 3.3% | 5.3% |
| 2021 | 4.0% | 6.0% |
| 2020 | 4.4% | 6.4% |
| 2019 | 3.5% | 5.4% |
| 2018 | 3.3% | 5.4% |
| 2017 | 3.4% | 5.6% |
| 2016 | 3.9% | 5.9% |
Government debt
2024Central government debt, % of GDP
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2024 | 50.3% | 53.2% |
| 2023 | 45.2% | 60.7% |
| 2022 | 44.0% | 55.6% |
| 2021 | 44.9% | 58.8% |
| 2020 | 45.8% | 64.3% |
| 2019 | 41.3% | 49.2% |
| 2000 | 18.2% | 55.0% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Mexico |
|---|---|
| 2025 | 132 million |
| 2024 | 131 million |
| 2023 | 130 million |
| 2022 | 129 million |
| 2021 | 128 million |
| 2020 | 127 million |
| 2019 | 126 million |
| 2018 | 125 million |
| 2017 | 123 million |
| 2016 | 122 million |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Mexico | World median |
|---|---|---|
| 2025 | −0.5% | −0.8% |
| 2024 | −0.9% | −1.3% |
| 2023 | −0.6% | −1.2% |
| 2022 | −1.0% | −3.0% |
| 2021 | −0.3% | −2.4% |
| 2020 | 2.4% | −1.7% |
| 2019 | −0.3% | −2.1% |
| 2018 | −2.1% | −2.9% |
| 2017 | −1.8% | −2.1% |
| 2016 | −2.3% | −2.8% |
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Mexico since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.