Mexico: change in GDP by quarter & sector 2020-2024

Published by
Jose Sanchez,
Oct 10, 2024

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 2024 the GDP has increased steadily reaching an organic growth, for this the industry that got the most benefited from was construction, which showed an increase of 13.2 percent that period.  Moreover, the worst hit industry was mining, which showed a decrease of 2.7 percent.

Change in gross domestic product (GDP) in Mexico from second quarter 2020 to first quarter 2024, by quarter and sector

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Release date

April 2024

Region

Mexico

Survey time period

Q2 2020 to Q1 2024

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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