Mexico gdp growth rate for 2019 was -0.15%, a 2.28% decline from 2018. 1993-2020 Data | 2021-2022 Forecast | Calendar | Historical The data reached an all-time high of 10.2 % in Jun 1981 and a record low of -18.7 % in Jun 2020. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Industrial activity tumbled 23.4%, after dropping 1.1% in the prior quarter, namely manufacturing (-26.4% vs -1.8%), construction (-31% vs -0.4%) and mining (-9.4% vs 2.5%).
Year-on-year, the country’s gross domestic product plunged 18.7%, the most on record, following a downwardly revised 1.3% drop in Q1.The Mexican economy shrank 17.3 percent on quarter in the three months to June 2020, following a 1.2 percent contraction in the previous period and compared with market forecasts of a 17.8 percent plunge, a preliminary estimate showed. Also, services activities contracted 1.4 percent, after shrinking 0.7 percent, namely culture, recreation and sports services (-14.1% vs -1.3%); hotels & restaurants (-7.9% vs 3.1%); health & social services (-1.9% vs 0.1%); and transport & storage (-2.8% vs -0.5%). It was the sharpest contraction on record, as the coronavirus pandemic hit the economy. The statistic depicts Mexico's real gross domestic product (GDP) growth rate from 2009 to 2019, with projections up until 2021. The year-on-year change in GDP was -19%, 168 -tenths of one percent less than the …

Mexico gdp growth rate for 2016 was 2.91%, a 0.38% decline from 2015. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Mexico gdp growth rate for 2017 was 2.12%, a 0.79% decline from 2016. In Mexico, services account for 62 percent of total GDP. The services sector shrank 0.9%, faster than a 0.3% contraction in the prior quarter, namely retail trade (-2.2% vs 0.3%), culture, recreation and sports services (-14.1% vs -0.9%), hotels & restaurants (-11% vs 2%), information & communication (-1.2% vs 1.6%), transport & storage (-2% vs -1.7%), and health & social services (-1.3% vs -0.2%). We have provided a few examples below that you can copy and paste to your site:Your data export is now complete. Meantime, the primary sector expanded 1.7%, rebounding from a 0.1% contraction. The data reached an all-time high of 10.2 % in Jun 1981 and a record low of -18.7 % in Jun 2020.

It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. … It was the steepest contraction since the first quarter of 2009, amid the coronavirus crisis. The services sector contracted 15.6%, following a 0.7% contraction, of which retail trade (-28.9% vs 0.8%), wholesale trade (-21.7% vs -4.4%), hotels & restaurants (-70.4% vs 7.9%), culture, recreation and sports services (-76.9% vs -14.1%) and transport & storage (-39.3% vs -2.7%). Among the Major Seven economies, the United States recorded an annual growth of minus 9.5%, while the United Kingdom recorded the sharpest annual fall … Its standard of living, as measured in GDP in PPP per capita, was US$16,900. Mexico’s gross domestic product shrank 18.7 percent year-on-year in the second quarter of 2020, below a preliminary estimate of a 18.9 percent contraction and following a downwardly revised 1.4 percent drop in the previous period. It was the sharpest contraction since Q4 2009, as the coronavirus pandemic started to hit the economy. The Gross Domestic Product (GDP) in Mexico contracted 18.7 % YoY in Jun 2020, following a negative growth of 2.1 % in the previous quarter. CEIC calculates Real GDP Growth from quarterly Real GDP. Mexico - GDP GDP contracts at record pace in Q2 as Covid-19 ravages activity. The Gross Domestic Product (GDP) in Mexico contracted 18.7 % YoY in Jun 2020, following a negative growth of 2.1 % in the previous quarter. GDP Growth Rate in Mexico averaged 0.39 percent from 1993 until 2020, reaching an all time high of 3.20 percent in the third quarter of 2009 and a record low of -17.10 percent in the second quarter of 2020.

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Year-on-year, the country’s gross domestic product slumped 18.9 percent, the most on record, following a 1.4 percent contraction in Q1 and compared with market consensus of a 19.2 percent plunge.Mexico’s gross domestic product contracted 1.4 percent on quarter in the three months to March 2020, below a preliminary reading of a 1.6 percent decline and after shrinking an upwardly revised 0.6 percent in the prior period.
In Mexico, services account for 62 percent of total GDP. GDP Growth Rate in 2017 was 2.04%, representing a change of 25,693,121,687 US$ over 2016, when Real GDP was $1,258,560,069,643.


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